Multifamily Investor Nation PassiveInvesting.com

Whitney Elkins-Hutton of PassiveInvesting.com interviews Will Matheson to share his insights on how he acquired the deal with the 21-Unit Creekside Villas in the Boone Market of North Carolina. He bought the property 7.6 million dollars paying 380 per unit in this luxury townhome. Will did not expect they had to increase the trash contract, but the due diligence was straightforward. He also explained how raising the equity was easier than expected compared to surveys. Tune in to this episode as Will Matheson shares his knowledge and insights in his deal on 21-Unit Creekside Villas.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Cooper Drenner, Apartment Syndicator, about his acquisition of a remarkable deal — the 300-unit Merriman development in San Marcos, TX. Cooper uncovers the value in a changing market as he explains the strategic approach to acquisition, highlighting the importance of timing, deal structure, and market insights. Step by step, Cooper navigates through the timeline of the Merriman project, from securing the deal to overcoming challenges in the dynamic landscape of real estate development. He unravels the partnership dynamics that played a pivotal role in the success of the Merriman project. He also shares how collaborating with experienced partners brings a unique blend of skills to the table, driving effective decision-making and long-term value creation. Tune in now and learn how to seize opportunities, build fruitful partnerships, and create success stories in the realm of apartment investing.

Whitney Elkins-Hutten of PassiveInvesting.com interviews apartment syndication expert Charles Carillo. He talks about securing the 536-unit 6500 South in Dallas, Texas a day before Thanksgiving. Charles explains what it is like to acquire a property built in 1985 with classic interiors and several mechanicals that were older than he initially expected. He also reveals how a little bit of economic vacancy and some lease auditing allowed them to reduce their price per unit significantly.

Whitney Elkins-Hutten of PassiveInvesting.com interviews multifamily investing expert Mac Shelton. He talks about their acquisition of the 41-unit Landon Square and Briskwood Apartment in Roanoke, Virginia earlier this year. He shares how his partner found it in late 2022, met less competition than any deal they are working on, and settled at $3.25 million. Mac discusses the experience of getting through Thanksgiving and the Christmas season just to close this deal, raising about $2 million of equity. He also explains the structure of senior debt and the right way to deal with tenants not matching up with their leases.

Whitney Elkins-Hutten interviews Culby Culbertson about his journey of reviving the 180-unit Holly Oaks and Plantation Station in Temple, TX. He walks through the meticulous due diligence process and shares insights from both the sellers' and brokers’ ends. From comprehensive property visits to plumbing inspections, he breaks down the key steps to ensure informed decision-making. Culby discusses the financial landscape of the deal, diving into lending intricacies and managing its aspects from private debt structures to interest rates and cost analysis. Culby also opens up about the challenges of raising capital in a rising rate environment and shares the strategies that helped maintain investor trust and relationships. He emphasized that building successful syndication involves more than numbers—it's about creating lasting partnerships. As the episode draws to an end, Culby reflects on the lessons learned, balancing economic factors with property improvements, and provides a glimpse into the promising future of Holly Oaks and Plantation Station. Tune in now and discover the art of real estate revival.

Whitney Elkins-Hutten of PassiveInvesting.com interviews Elaine Stageberg, co-founder of Black Swan Real Estate, about her acquisition of the 129-Unit The Residence of Discovery Square in Rochester, MN. She dives into the intricate world of due diligence, value-add strategies, and the art of adaptive transformation, turning struggling commercial spaces into thriving residential havens. Throughout the episode, Elaine discusses the complexities, challenges, and triumphant moments of orchestrating a multifaceted deal that involves bank loan assumptions, securing favorable interest rates, and structuring financing to optimize the balance between risk and returns. She also reveals the nuances of effective capital raising techniques, meticulous risk management strategies, and the importance of fostering strong relationships within the real estate industry. Tune in to learn more about the intricacies behind the journey of the 129-unit Residence of Discovery Square and the strategic brilliance that propelled its success.