
The Multifamily Wealth Podcast #141: Buying 1000+ Units In His 20's, JVing vs. Syndication, and Underwriting Multifamily Assets in 2023 with David Toupin
I'm chatting with a good friend in this episode, David Toupin, who has grown an incredible business in a short amount of time. David has bought 1000+ units, raised millions of dollars, built a software company, and runs a mastermind filled with commercial real estate investors.
In this episode, we discuss getting into multifamily in your early 20s, finding deals, and how you should underwrite deals at this point in the cycle. We also discuss why Dave is no longer syndicating deals and is instead focusing on smaller, JV deals - most investors are trying to do the opposite! If you're a multifamily real estate investor looking to grow your business, this episode will provide valuable insights.
Show Notes:
- How Dave began buying multifamily properties in his early twenties
- While he initially focused on syndicating deals, Dave has found that buying smaller deals with just a few investors provides more benefits
- The conversation covers the benefits of owning a bigger chunk of smaller deals versus a smaller chunk of larger deals
- Dave shares his thoughts on finding deals in today's market and how his underwriting strategies have changed
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/
Connect with Axel:
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Learn more about Aligned Real Estate Partners
Connect with David:
www.realestatelab.com
Follow him on Instagram
https://www.toupinholdings.com/
