In this episode, David Robinson interviews young apartment syndicator David Toupin about his experience in buying a 24 plex and within 6 months of that acquisition, buying another 92 unit value-add apartment building.
He describes how he found the deal through direct mail and built a relationship with the owner of the building.
He walks us through raising the money to make the acquisition as well as how he self-managed the project.
He shares where the project is at today and the expected returns to his investors.
He encourages other up and coming apartment investors to “know the numbers” in the business.
David has built a Professional Multifamily Syndication Deal Analyzer that allows you to quickly and easily determine what price to offer for your next apartment deal and helps you accurately project what you and your investors can anticipate earning.
You can check out his analyzer here:
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