44-Unit Majestic Apartments In Houston, TX With Wayne Courreges III, Apartment Syndication Expert

04/01/24 • 35 min

Whitney Elkins-Hutten of PassiveInvesting.com interviews Wayne Courreges III about his acquisition of the 44-unit Majestic Apartments in Houston, Texas. He shares how he got the 1970s property with about a million less than the tax-appraised value, their renovation efforts to spruce up the place, and how they set up an online payment system for their tenants. Wayne also discusses his strategies for working with general and limited partners, as well as his advice on how to let brokers do their job.

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200-Unit The Lewie in Overland Park, KS with Ben Fraser, Apartment Syndicator

Whitney Elkins-Hutten of PassiveInvesting.com interviews Ben Fraser. Ben is the Chief Investment Officer at Aspen Funds, and he unravels the story behind the acquisition of a 200-unit property in Overland Park, Kansas. From navigating loan assumptions to raising capital during the holiday season, discover the strategic decisions and partnership dynamics that propelled this deal to success. Gain valuable insights into due diligence, financial structuring, and overcoming unexpected challenges. Whether you're a seasoned investor or new to multifamily real estate, this episode offers a wealth of knowledge and inspiration for your investment journey.

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28-Unit Reedville Meadows In Beaverton, OR With Bobby Larsen, Multifamily Syndicator

Whitney Elkins-Hutten of PassiveInvesting.com interviews Bobby Larsen, founder of Vanamor Properties. Bobby shares his journey of acquiring and revitalizing the Refill Meadows 28-unit property in Beaverton, Oregon. With a background rooted in real estate sales and mortgages, Bobby's expertise shines through as he navigates the complexities of the acquisition process, from identifying off-market opportunities through brokers to conducting thorough due diligence within a tight timeline. Leveraging seller financing with favorable terms, Bobby demonstrates strategic thinking and effective capital raising, showcasing his ability to syndicate deals efficiently. With a focus on clear communication and resident satisfaction, Bobby emphasizes the importance of proactive property management to ensure a smooth transition and maximize investment returns. His insights offer valuable lessons for aspiring real estate investors seeking success in the multifamily sector.