Value-Add Apartment Investing: A Success Story

The idea of investing in multi-family units or apartment complexes can seem intimidating to many real estate investors – particularly those who are just beginning to build their business. But, as Tim Bratz explains, it can actually be a very feasible, “do-able,” and profitable option. Tim has 10 years of real estate investing experience, and is now focused solely on value-add apartments. His company owns more than 1,400 units in Ohio, South Carolina, Georgia, and Texas. Tim got into value-add apartment investing because he likes the scalability of apartments. As he points out, “It’s actually easier to manage, contract, and operate a single building with 50 units, rather than 50 individual houses.” Well spoken, Tim. His main focus is finding distressed properties that he can put some sweat equity into. He finds this strategy to be much more profitable than buying apartment complexes at market value. In this podcast, Tim shares how he first caught the real estate bug, the misconceptions he had about apartment investing, how he focuses on his strengths and lets specialists take care of other aspects of his business, and how he plans to achieve his goal of building a $1 billion portfolio in the next several years. Find out Tim’s advice for new investors, and hear about the craziest deal he’s ever pulled off (hint: it involved raising $4 million in the course of a single weekend)