Apartment Investing: HUGE Acquisition Fe...

money Today I want to talk with you about a HUGE money-making opportunity with the multifamily business side of investing.

I work with a lot of investors who are buying properties for their own portfolios… it’s smart business and a huge part of what we do in my company.

Hey Moguls, Chris Urso here, letting you know that one of the biggest benefits of investing in apartments is that when you do what we do in our business, you’ll get paid fees for putting deals together…

And these fees can range anywhere from $80,000–$150,000. Yeah, you’re reading that right. I mean, that’s pretty much what some people make in an entire year... or even MORE than what many people make in a year.

Those figures are what my company makes at the closing table by putting deals together.

How?

Because apartment deals are bigger, and those larger fees are typical when doing that type of BIG deal.

Here’s how it works..

So, this is what we teach our students to do…

Let's say we’re putting together a $3,000,000 deal. We’d advise them to add in a $50K–$75K acquisition fee.

Why?

Well, they should be well compensated for their time and effort spent:

finding the deal
analyzing the deal
putting together the proper entity structure
getting financing/raising private money for the deal

Go easy on it…

Now, I can see the dollar signs in your eyes like one of those cartoons characters, so let me manage your expectations a bit…

First, not every apartment deal is going to be $3M. Some will obviously be lower and, of course, some even higher. Having said that, apartment deals are going to be bigger bucks than single-family deals.

And here’s another important piece…

You might spend 3–6 months working on a deal—it’s not going to be a quick get-in-and-get-out situation like it usually is with wholesaling residential houses.

But at closing, you do get paid handsomely for your time and hard work.

And since I’m talking about managing your expectations… you should also know that investors we work with in our company know that they're going to pay that acquisition fee and that it’ll be big… it's simply factored into the closing costs.

You’d be surprised at how many students and fellow private investors I’ve worked with who just don't realize they can get much more out of investing in larger deals like apartments when they bring in some partners and raise capital.

That's how you really make a business out of this strategy…

You can work on these BIG deals that can support replacing your salary from your J.O.B. all through acquisition fees. Just that.

Take your time…

Now look, I certainly don't encourage people to go run out and quit their day job and jump into apartments... obviously you need to have some education about multifamily properties... and a mentor like me.

But, once you have learned the ropes, the other awesome benefit—besides a fat acquisition fee—is that you really only need to do 1 or 2 of these big deals a year to make enough profit.

If you get super focused and knock out just a couple apartment deals, you could be making a 6-figure income just off of fees alone.

So, if you’re a newer investor, start small and work your way up to this level. If you’ve been investing for a while—consider giving this strategy a go.

We built our business from single-family homes to now over $20,000,000 worth of apartments in just 3 years.

That’s called smart business, folks. It’s called winning.