Multi Family Rebel @MultiFamRebel
Tweeting along the path to our next multifamily investment. NYC Joined July 2022-
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Just got back from a 36 hour trip visiting a few markets we're looking to invest in. Can't stop thinking about how nothing compares to face-to-face time when it comes to business. Complete game-changer.
Not my topical content but trying to help a friend and I’m sure someone in my network can connect me… Who is providing acquisition financing for construction (GC/GM) companies? DMs open!
12/18/23 Going to take the next 2 weeks off from the daily recap post. Will still be on X (of course). Happy holidays all!
12/15 Productive week. No new deal to show for it, yet, but laying the groundwork now.
12/14/23 Worked through some more outreach today. Letting all of our best broker contacts know that we will pay a referral fee (on top of seller paid commission) for any deal they bring us off market that we close. And wishing happy holidays, of course.
12/13/23 10 broker calls today. Nothing new to report coming out of those. Onward!
12/12/23 Worked on our website today, drafted end of year investor letter, and a holiday card for our broker and other relationships.
12/11/23 Reviewed and priced 1 deal today. Broker said they had interest above us. Hats off to you, onward 🤷🏽♂️
12/8/23 12 outbound 1 inbound today. Had a deal come back to us that we passed on a few months ago. Price ask is still too high. Cracks are coming, just not there yet…
12/7/23 My observation on the ‘negativity’ discussion: it’s been a very long, very hard year (or more) for many of us on here. That can really get to a person. We should all have a bit more compassion, especially for those that have turned ‘negative’
12/6/23 Reached out to 9 brokers today. Drafted year in review letter for our investors. Drafted holiday greeting for our broker and owner contacts. Onward!
12/5/23 Continued work on the business. Finding new broker contacts, pulling new owner lists, building database of passed / dead deals, etc. Not glamorous work, but will yield results.
12/4/23 We are buying sub-institutional multifamily in NC and SC 50-150 units. Purchase price up to $20m. No broker on our side. Who is doing deals in the region? Would love to connect. #multifamily #retwit
This, with a good attitude and a smile. Convinced that combination puts you ahead of 95% of people.
This, with a good attitude and a smile. Convinced that combination puts you ahead of 95% of people.
11/29/23 Few more calls and emails to brokers and owners today. Not seeing anything new yet this week. Had a call with a student at my alma mater who is looking to get into RE. I always say yes to these requests, something so energizing about it!
11/27/23 Had a productive long weekend. Mapped out outreach plan for the remainder of the year and worked with our VA to optimize a few pain points. Back looking for 50-150 units in N. and S. Carolina. Up to $20m. No broker on our side. Will pay referral fee for off market.
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Every entrepreneur should have these people on their team: 1. great executive assistant 2. bookkeeper and CPA 3. business/life coach 4. trusted lawyer 5. gym/trainer 6. financial advisor 7. insurance agent DIYing any of these areas is chasing pennies.
Update: Kid’s crushing it. Learning a ton, already got one raise, going to make a whole lot more than $70k! Delayed gratification, for the win 🔥
It's unbelievable. We have a job opening right now for someone who wants to learn real estate private equity inside and out. No prior real estate experience necessary. It's a hands-on role, with daily hands-on training for someone who is smart and hungry. The person will…
Marriage, kids, house: all amazing BUT they make taking risks much more, well, risky. Swing for the fences while you’re young - that window does close fast
Don’t let your self get stressed over a deal. Focus on going out and getting another one.
Want to know the best retail location in a City? Look for the Chick-fil-A
For what it's worth, if I disagree with someone and initiate a discussion, I often try to find common ground first, to establish a mutual base of respect and understanding. I think it's a helpful way to make discussions more productive (and enjoyable). I don't think this is…
When people agree with me they seem to feel the need to go out of their way to mention they disagree on other points or say something negative in the same breath. This is neither a kind nor appropriate way to communicate and I would rather the people say nothing instead.
For the first 3 weeks of running my law firm, I was alone. For the last month, I've been working with two new team members. The productivity boost is astounding. 🚀 They're learning rapidly. If you're a solo lawyer/consultant/etc., I would heavily suggest building out your…
Unpopular opinion but there’s no such thing as work-life balance. Do you want to be successful or do you want to ‘live life’? Work is a direct correlation to how you can live life. If this means answering a few emails on the weekend, meeting a client that can’t tour on the…
Google just sent another price increase notice for gmail. As if there’s an alternative 😅
“The most significant threat to our national security is our debt.” -Mike Mullen, Chairman of the Joint Chiefs of Staff, 2010 Do you agree?
The amount of people who seek free advice (and become irate when it's not delivered immediately) is astonishing. 🤯
Nothing will have a greater positive impact on your life than marrying someone happy.
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@JohnZarshenas Yeah. Exactly this. The knowledge of a CPA and deep knowledge of accounting is no doubt helpful. The big4 just train you in the wrong way for a CFO role. Which you have to consciously unlearn going from big4 to CFO.
I believe in overpaying employees. Underpaying is a costly mistake. Losing good people is stupid.
I had the honor of speaking to a group of students at Harvard Law School last week. One of them asked me what makes a good lawyer. Here are my thoughts:
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NONE of my businesses are new ideas. I'm entering competitive niches with a lot of profitable competition. So many "advisors" and "mentors" advise beginner entrepreneurs the exact opposite and its a shame.
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