Introduction · Multifamily Strategy Community

Introduction

Hello everyone! I’m Jennifer Novak, founder of Novak Multifamily Group.

I'm excited to join a community specifically focused on multifamily strategy because this is exactly the business I'm working to build.

My current buy box is primarily 10–50 unit, Class B through C/C+ value-add multifamily properties in Georgia without heavy repositioning.

Right now, I'm spending a lot of time underwriting. I'm learning to look beyond what's presented in an offering memorandum and dig into the T12 and rent roll, question unusual expenses, look at collections and economic occupancy, and understand the story the actual numbers are telling.

I'm still early in the journey, so there's a LOT I'm learning. I'm also actively working on building relationships with brokers, lenders, investors, and experienced operators because I've learned very quickly that multifamily is definitely not a solo sport.

Long term, I want Novak Multifamily Group to build safe, stable and vibrant communities while creating strong investments and generational wealth.

I'm here to learn from people who have already done what I'm working toward, contribute as my own knowledge grows, and build genuine relationships within the multifamily community.

For the experienced operators here: what's one part of multifamily you underestimated when you were getting started?

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Introduction