JF940: Why VALUE-ADD Multifamily Properties ROCK!

He likes C class and B class value add Multi family deals, and he surely knows how to sniff them out! Here why large multi family properties make sense and what metrics he uses to validate a proper internal rate of return. If you're looking to level up in real estate, this episode is for you! Best Ever Tweet: Underwrite your deal conservatively. Steve O’Brien Real Estate Background: - Co-founder and Chief Investment Officer of Arcan Capital - Responsible for acquisition of over 20 multifamily assets totaling close to $200 million in the last five years - Placed nearly $100 million in financing with FMNA, FMAC, HUD, bank and insurance company sources - Prior to Arcan, Mr. O'Brien was with CBRE - Based in Atlanta, Georgia - Say hi to him at www.arcancapital.com - Best Ever Book: Outliers by Malcolm Gladwell Made Possible Because of Our Best Ever Sponsors: Want an inbox full of online leads? Get a FREE strategy session with Dan Barrett who is the only certified Google partner that exclusively works with real estate investors like us. Go to adwordsnerds.com/joe to schedule the appointment. ubscribe in iTunes and Stitcher so you don’t miss an episode! https://www.youtube.com/channel/UCwTzctSEMu4L0tKN2b_esfg Learn more about your ad choices. Visit megaphone.fm/adchoices