Jake & Gino: Real Estate Investing & Multifamily RCRE - Acquiring in Nashville
Mike Taravella and co-host Will Coleman interview Adam Klenk and Tyler Mayo of Capstone Apartment Partners.
Key Information:
- Underwriting models should factor in the new reserve requirements and hold periods based on what market the asset is in.
- Different markets require different reserve amounts.
- What metrics to look for if a market or sub-market is being over developed.
- High job growth and high market rents are good indicators to look for in regards to the development stage.
- How extended due diligence periods and financing contingencies are affecting buyers and sellers.
- Ask a lot questions and clarify any details during the underwriting process if you are misaligned on price with the seller
- Focusing too much on off the market deals can make you miss out on good on market deals
Expert Pro Tip: “Ask Questions”
Contact Information:
(615) 861-9906 - Adam Klenk
(662) 386-1622 - Tyler Mayo
To register to invest with us:
https://invest.randpartnersllc.com/invexp/accounts/login/
Rand CRE's Facebook: https://www.facebook.com/randcre
Rand CRE's Linkedin: https://www.linkedin.com/company/randcre
Rand CRE's Instagram: https://www.instagram.com/randcre
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About Jake & Gino: Jake & Gino are multifamily investors, operators, and owners who have created a vertically integrated real estate company. They control over $350M in assets under management. Connect with Jake & Gino here --> https://jakeandgino.com.
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