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Mentorship - Q&A Day is happening in 4 days
Celebrating the Closing of a 42-unit apartments in Corpus Christi, TX!!!
Celebrating the closing of the Rainbow Cove Apartments (42-units) in Corpus Christi, TX, here with the former owner, his wife and the property manager. We joked when we met the owner at the property, telling him to look for the "No Trespassing" sign, since he is no longer the owner. Blessings to you all !!!
Celebrating the Closing of a 42-unit apartments in Corpus Christi, TX!!!
First Deal Under Contract!
41 Unit Multi-Family outside of St. Louis. Newly Renovated. Asking 1.95M ARV 2.5M-2.9M
First Deal Under Contract!
From Mentally Overwhelmed to Breakthrough on a Same Day EMD request!
Through taking action, I learned that to really overcome overwhelming feelings I needed to SIMPLIFY everything - my conversations, my processes, my systems, everything. I have been fortunate to partner with others to learn how to be successful while taking action alongside them. 👇Here is an example of what I’ve learned and how I’m applying it to my business: As a Transactional Funder, I fund EMD, Double Closes, and down payments for Stack Method opportunities. I received a last minute EMD funding request for same day funding on one of the busiest days of the year for closing transactions - 𝐭𝐡𝐞 𝐝𝐚𝐲 𝐛𝐞𝐟𝐨𝐫𝐞 𝐓𝐡𝐚𝐧𝐤𝐬𝐠𝐢𝐯𝐢𝐧𝐠 - talk about overwhelming! Did I fund this request?? 🚨 Spoiler alert! - 𝗜 𝗱𝗶𝗱, but here’s how I was able to accomplish this while under pressure. 👉 Asking questions - to fully understand the scope of the borrower’s needs and where they are at in their real estate journey. 👉 Communicating clearly, calmly, and consistently. - This was a high stress experience for the borrower. They needed to get funding TODAY and STAT or they would love this awesome opportunity! Being frustrated or annoyed doesn’t solve anything and being able to help calm the situation to better accomplish the goal is always a priority. 👉 Having clear and simplified steps for the client to follow - I understood my process like the back of my hand and was able to communicate this simply to the borrower. We followed my proven process and we were able to fund this deal within a couple of hours!🙌 The borrower was brand new to the real estate world. It was their first acquisition and they thought asking for money was as simple as sending me the wiring instructions.😅 Funding this deal the same day as requested the day before Thanksgiving was INSANE but this really proved that 1.) knowing your processes, 2.) sticking to them, 3.) having the systems in place to following through on them, and 4.) having the peace of mind everything checked out to fund confidently and safely was possible!! 🙌
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From Mentally Overwhelmed to Breakthrough on a Same Day EMD request!
Winning….so much WINNING!!!
Closed on another 12 units today!!! Started MFS 1 year ago with only one small single family house, bought my first 9 unit in March and now this latest acquisition brings the total to 22 doors (soon to be 23 once we finish adding a 10th unit to the 9 unit building). Thank you Christian for your mentorship and friendship. Could not have got here without this great MFS community!
Winning….so much WINNING!!!
New 5 Plex secured
I joined Multifamily Strategy in Q3 of 2022. Prior to year's end I purchased my first 14 units with 2 other partners, owner financed. In Dec of 2024 I bought a single family and empty lot, intending to flip. When the sell didn't go through, I pivoted to turn it into a rental and easily cash flowed. In January, I went full time self employed. I run my own engineering company and real estate. In March I bought a 6 plex. As of yesterday, I closed on a 5 plex with no money out of pocket. Currently buying a 38 unit Motel to convert into efficiency units. I've got another 25 unit apartment complex the owner is ready to sell to me, but I'm running out of capacity and liquid cash. Lessons Learned 1) Real Estate has easy concepts, but it's hard work. "Passive Income" is more like front-loading all the work. One day it may be fairly passive, but it takes a bunch of work to get there. 2) Take time to review. We know the why must be strong, but sometimes the day to day can obfuscate the why. I always appreciated the intentionality in this mentorship to choose a strong enough why. Mine is to own my time so that I can spend more time with family/friends/church. But what good is my time if I burn all the friendships as I try to pursue this goal? Going out on my own gave me a large chunk of my time back to me so that I can ensure I'm meeting the needs of those around me. 3)Double everything! Everything takes more money and time than what's expected. Bring more reserves than you think are needed so that you don't have to sweat as much when things don't go right. I'm in OKC, if you are close by, I'd love to grab a coffee.
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