#254: Sourcing Off-Market Deals, Advantages of In-House PM, Syndicating vs. Not, and Diving Into The Current State Of The Market on TDR Call

Sep 10, 2024

Gabe Bowling, founder of a high-ticket mastermind for multifamily investors, shares his journey from a few units to over 500. He discusses the advantages of sourcing off-market deals and the significance of building relationships. The conversation dives into why bringing property management in-house can enhance returns and operational efficiency. Gabe argues that starting with smaller deals may yield better outcomes than syndicating large ones, supported by real-world examples and insights from community Q&A.

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Intro

00:00 • 3min

Navigating Real Estate Investments

03:10 • 22min

Mastering Off-Market Real Estate Deals

24:41 • 8min

The Importance of In-House Management in Real Estate Operations

32:22 • 2min

The Strategic Advantages of In-House Property Management

34:28 • 4min

Pathways in Real Estate Investing

38:34 • 12min

Navigating Capital Raises and Partnership Structures

50:32 • 2min

Navigating Multifamily Property Exits

52:30 • 14min

In this episode, I'm actually reposting a call that I did in the Deal Room community, which is run by Gabe Bowling. It's a high-ticket mastermind group focused on helping multifamily investors, multifamily entrepreneurs. I appreciate Gabe's invitation to head in there and share my story and talk a little bit about direct-to-seller marketing, how we brought property management in-house and the benefits of doing so.

I spent a lot of time talking about why most investors shouldn't be syndicating deals. I actually start sharing some economical examples of the money that you can make in a deal where you are not raising capital versus where you are. Specifically, I share how just doing a five-unit deal with your own money is actually much easier and similarly as profitable as doing a 50-unit deal where you're syndicating equity and raising capital. We get into some Q&A at the end of the call as well with some of the group attendees, which I think a lot of the folks listening are going to find valuable as well.

Here are some of the key topics we cover:

- How I got started in real estate and grew my portfolio from just a few units to over 500
- The importance of focusing on off-market deals and building relationships to source great opportunities
- Why bringing property management in-house was a game-changer
- My take on why most investors shouldn't start out by syndicating large deals
- A real-world example comparing the economics of doing a small deal yourself vs. syndicating a larger one

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.

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