Multifamily Investor Nation

Whitney Elkins-Hutten of PassiveInvesting.com interviews apartment investing expert Tenny Tolofari in today’s episode. Tenny shares the challenges and surprises faced during the deal, including issues with loan assumption, undisclosed tenant profiles, and unexpected Airbnb subletting. He emphasizes the importance of thorough financial due diligence and clear communication with lenders. Despite the...

Whitney Elkins-Hutten of PassiveInvesting.com  interviews Will Matheson in today’s episode. Will takes us into his property acquisition at Cooper Bend in Hanahan, SC. The physical due diligence on the 76-unit Residence had been great because it is in good condition, but Will admits that he finds it tough getting the insurance in place. He also shares his business plan for the property. So, gr...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Apartment Syndication Expert, Neal Bawa , about his recent multifamily property deal: the 121-unit Park Villas in Tallahassee, Florida. He dives deep into the acquisition process, competition for the property, and the unique strategy of repositioning apartment communities as townhome communities to cater to a new audience. Neal also outlines...

Whitney Elkins-Hutten of PassiveInvesting.com  interviews Lee Yoder in today’s episode of Multifamily Investor Nation. Lee Yoder is a physical therapist who found his path into real estate. Today, Lee takes us into his newest acquisition, the 96-unit Elida 96 in Elida, Ohio, with a seven million purchase price. The game changer of this deal was the willingness of the owner to finance, and wit...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Nick Stageberg in this episode. Nick owns and manages Black Swan Real Estate , a real estate investment company delivering exceptional returns. Today, Nick brings us into how he gracefully danced into the 34-unit Colby Manor in Rochester and acquired the property. He also shares how the property qualified for the insurance. Grab some insight...

Whitney Elkins-Hutten of PassiveInvesting.com interviews David Kamara , founder and investor at Cape Sierra Capital , about his recently closed deal: the 202-unit Stoney Creek in Washington Township, Michigan. David shares insights into his journey from management consulting to multifamily real estate, the story behind acquiring the property, the challenges he faced, and the financial details of t...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Mike Morawski , Multifamily Syndicator, about his acquisition of the 65-Unit Vintage 66 in Tulsa, OK. Mike shares his story, how he transitioned from selling hundreds of houses each year to building a colossal portfolio of 4,000 multifamily units across five U.S. markets. He shares the nitty-gritty details of how he closed the deal with the...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Christopher Stout , the owner of the 56-unit Willow Park Apartments in Fayetteville, AR. Chris shows how he managed to win against his competitor on this deal with hard money. The 56-unit Willow Park Apartments is the first property he acquired in Arkansas. He also shares the rate structure he had with Aetna to finance the property. Having a...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Will Matheson , an apartment investor and co-founder of Matheson Capital . Will takes us into his latest deal, Summers Run, a 112-unit nestled in downtown Asheboro, NC, with tranquil grounds and exceptional amenities. Summers Run offers a relaxing environment. Today, Will reveals the only issue he saw during the walk-through and the efforts...

Whitney Elkins-Hutten of  PassiveInvesting.com  interviews the “Top Woman in Real Estate,”  Arleen Garza . Arleen dives into the details of 240-unit Hillcrest at Thousand Oaks in San Antonio, Texas. In today's market, there's less available hard money, but Arleen had it to show the seller she was committed to closing the deal. When inspecting the property, Arleen and her team found...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Bobby Larsen, an expert in apartment syndication. Bobby discusses his experience with a 61-unit property called Canyon Springs Townhomes in San Diego, CA. He highlights the property's strong exterior condition, costly interior renovation, and a family-friendly floor plan. Bobby also mentions that raising equity for this project was surprisin...

Whitney Elkins-Hutten of PassiveInvesting.com interviews apartment syndication expert Rachael Jones about her acquisition of the 29-Unit Columbia North in Columbia, South Carolina. She discusses the dynamics of a distressed property and how she took over its 10-year-old ownership. Rachael shares how to deal with unexpected surprises during due diligence and the importance of early access clauses....

Whitney Elkins-Hutten of PassiveInvesting.com  interviews multifamily investing expert Percy Nikora about securing the deal on the 98-unit Creekside in Huntsville, Alabama. He explains that although this almost-new property may not be the largest in his portfolio, it is quite an interesting deal for him thanks to the rapid rise of interest rates in 2022. Percy reveals how they secured th...

Whitney Elkins-Hutten of PassiveInvesting.com interviews apartment syndicator Alex Rozenfeld of Freshwater Investments . He shares how they acquired 102 Unit Pine Meadow Townhomes in Shawnee, KS, and closed the deal on May 2023. Alex talks about chasing the deal alongside seven other offers, going on due diligence for 30 days, and how much they raised for senior debt and investor capital. He also...

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...

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...

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...

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...

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 t...

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...

Whitney Elkins-Hutten of PassiveInvesting.com interviews apartment syndicator Caleb Johnson about his journey into multifamily investing and how he acquired the 40-unit Las Cruces 40 in Las Cruces, New Mexico. Not without its challenges and surprises, Caleb shares the due diligence process that unraveled insurance issues and unexpected repair costs. Through all the hurdles, he and his partners suc...

Whitney Elkins-Hutten of PassiveInvesting.com interviews multifamily syndicator Erin Hudson of Quattro Capital about their acquisition of The Emile in Downtown Houston, Texas. She explains how they managed to secure the 240-unit, beating six other buyers and finalizing the deal at $38 million. Erin reveals how the tenants’ state of living became a huge pivotal piece for them to finally acquire the...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Shannon Robnett , an apartment investing expert, to talk about the strategic acquisition of the 200-unit “The Jasmine” to keep the tenants. He shows the role broker relations play in the deal. He shares the 90-day due diligence done to ensure that the tenants will stay and had done bridge financing to get through the entitlement process. Sha...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Multifamily Syndicator Elijah Brown about his exciting journey of acquiring the Ethos on Kinderman, a 13-unit property located in Avondale, Arizona. Before diving into the deal specifics, Elijah shares his background and how he got into multifamily. He shares his transition point and the path that led him to this property. Regarding the deal...

Whitney Elkins-Hutten of PassiveInvesting.com interviews Brian Briscoe , a multifamily investor and host of Diary of an Apartment Investor , about the 61-unit Highland Grove Portfolio in Akron, Ohio. Brian shares his background in real estate and how he got into multifamily investing. Next, they talked about the Highland Grove portfolio in detail, including how Brian joined the team late in the pl...