I gave some thought to what I wanted to teach for today's lesson, and we're going to switch it up a little bit. I'm going to talk about salesmanship. I always try to identify what is lacking in the group, and I've noticed that some of the pitches lack an actual sales rhythm, which is causing objections that you otherwise wouldn't have. I'm really excited to teach today's lesson, and we'll see y'all in a few minutes.

Finally got my 78 unit deal into contract, now the due diligence fun begins!!! And the enjoyment of my BIG 1031, selling 2 single families, a duplex and a 9 unit in the next 120 days.

If you have any buyers that are looking to buy in Ohio, I m open to JV. text or call me at 2485056246

After 3.5 years of being a part of Multifamily Strategy and four purchases totaling 26 units—almost all of which needed some form of renovation—I was looking for something that wasn’t another heavy value-add project.. I knew what I wanted in my next property, and I learned again the value of networking when a gem of a pocket listing came my way through a broker: a 20-unit mixed-use property in the Midtown District of Oklahoma City. TL;DR: I’m raising equity for a 20-unit mixed-use property in Midtown Oklahoma City that is under contract for $2.75 million. It offers 100% residential occupancy, a 1.30 day-one DSCR, limited immediate capex, and multiple paths to operational upside. Projected investor returns include a 6% preferred return, 17.7% IRR, and 2.03x equity multiple. I’m working to secure commitments within the next two weeks for a mid-October closing. Message me if you’re interested in learning more. I wanted day-one cash flow. ✅ This property is underwritten at a 1.30 DSCR from day one. I wanted strong occupancy. ✅ All 20 residential units are occupied, and 1,000 of the 2,800 square feet of commercial space is leased. The remaining commercial space gives us additional upside. I wanted instant equity. ✅ The property previously appraised for approximately $3.7–$3.8 million in 2024 compared with our $2.75 million purchase price. I wanted upside. ✅ This property has multiple paths to create value through better operations—not through a major renovation plan. The simplest is gradually bringing residential rents toward market as leases renew; current rents are approximately $100–$150 per unit below market. Beyond that, we can lease the remaining commercial space, generate additional income from the parking garage, and explore short- or mid-term rental strategies. The upside comes from operating an already-great property more effectively, without depending on significant capital expenditures. I wanted limited capital expenditures. ✅ All residential units were renovated with luxury finishes in 2023, and our inspection confirmed that the property is what it appears to be, with very little immediate capital work anticipated.

Mentees. The Week 3-4 homework is live in the classroom now!