32 min listen
Episode 112 - What CHALLENGES do you have when you buy two large assets, at the same time, in two different states?
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
Episode 112 - What CHALLENGES do you have when you buy two large assets, at the same time, in two different states?
FromOld Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles
ratings:
Length:
48 minutes
Released:
Nov 10, 2017
Format:
Podcast episode
Description
Wow! How would you like to work on two separate purchase transactions at the same time? These investing partners found themselves with two accepted LOI’s. They could have dropped one and focused on the other one…but they and their investors decided to move forward with these two purchases. Menon and Ajai are investing partners. Menon lives in Northern California and Ajai lives in Dallas. After submitting numerous LOI’s, their offers on Magnolia Woods (240 units) in Atlanta, Georgia and The Carlton Apartments (108 units) in Fort Worth, Texas were accepted. Menon explains on why he made the decision to invest in apartment education and mentoring BEFORE he invested in apartments. Ajai, expounds on some of the challenges they found on takeover of both properties. To contact Ramakrishna Menon : menairproperties@gmail.com To contact Ajai Sharma: aimnextrealty@gmail.com To contact James Eng: jeng@oldcapitallending.com To receive our FREE 15 page WHITE PAPER REPORT on the 2017 FUNDAMENTALS OF MULTIFAMILY FINANCING 101 and to learn more about upcoming events at Old Capital Speaker Series please visit us at OldCapitalPodcast.com Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn about Michael's Real Estate Syndication business with SPI Advisory LLC.
Released:
Nov 10, 2017
Format:
Podcast episode
Titles in the series (100)
Episode 7 - Andrew Patton: Andrew shares how he got started as a single family investor and transitioned into being a lead investor in multiple apartment complexes in a short period of time. by Old Capital Real Estate Investing Podcast with Michael Becker & Paul Peebles