The Multifamily Wealth Podcast #139: A Multifamily Underwriting Deep Dive + How Passive Investors Can Vet Multifamily Deals with Joseph Bramante
In this week's episode, I chatted with Joseph Bramante of TriArc Real Estate Partners, a Houston-based multifamily investment company. Joseph has an extensive background in multifamily real estate, and his team has transacted on over $375M worth of real estate, consisting of 47,000 units.
Joseph shares how he started investing in multifamily properties while working as a civil engineer and living in Papua New Guinea. While the episode is geared towards passive investors, active investors will also find valuable content, including a step-by-step checklist for vetting multifamily deals, underwriting mistakes to avoid, and how to adjust your strategy in the current market environment. If you want to raise capital, invest in multifamily, or buy properties with your own money, this episode is a must-listen.
Show notes:
- Joseph's background in multifamily real estate and how he got started investing in Papua New Guinea
- Tips for passive investors who want to better vet deals and sponsors
- A 20-point checklist for vetting multifamily deals
- Underwriting mistakes to avoid and tips for creating a successful business plan
- How to underwrite markets and build a team for multifamily investing
- Adjusting your strategy in the current market environment
Struggling to find good multifamily deals? Looking to close deals with less of your own money? Want to operate like the pros and maximize the cash flow of your assets? Join The Multifamily Wealth Community, where we help multifamily investors start, build, and scale their businesses… specifically, those looking to grow from 1-10 units to 250+ units.
Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.
Join Here: https://alignedrep.com/investor-application/
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