So you finally decided to test the waters of multifamily investing, huh?
Congratulations, my diversifying friend! You have made a wise decision, and your real estate portfolio will soon be thanking you!
Of course, deciding to “take the plunge” is only the first step. Now you need to figure-out the best direction in which to dive.
(And you must be careful! Some multifamily markets are dangerously shallow, and some apartment buildings should be avoided like deadly rocks!)
Let Chris Urso Be Your Diving Instructor
As you prepare to immerse yourself in the waters of apartment ownership, you still have many questions about specific market- and property-selection tactics:
- Should you start in a local market, where you can be “hands on”?
- Should you start in a remote market, where you might be able to hire the best managers?
- Should you start with a high-class (expensive) property, or a low-class (cheap) property?
- How should your…
Christopher Urso
is the founder of URS Capital Partners and National REIS. Chris has been investing in real estate since 2001. Over the years he has been involved in all aspects of real estate, from single-family fix and flips, buy and hold cash flow houses, and finally to apartment buildings. His real estate investment career only took off when he purchased his first apartment building 3.5 years ago. He now controls over $15,000,000 of apartments and has raised over $8,000,000 of private money in just over 3 years. He now structures investment partnerships to acquire large apartment complexes and also private coaches investors helping them purchase their own apartment buildings.