Welcome to the Midwest Multifamily Exchange! In this episode, we dive deep into the number one strategy for breaking into the multifamily real estate market. Host Brandy Bryan, alongside her mentor Kevin Morse, shares insights on how building strong relationships and bringing valuable deals to the table can help you gain credibility and mentorship in this competitive industry. Discover the crucial steps to finding and presenting deals, the importance of understanding cap rates, and how to leverage your time to make impactful connections that will set you on the path to success in multifamily investing.

Timeline Summary:

[0:00] - Introduction to the Midwest Multifamily Exchange and the focus of this episode.

[1:17] - Understanding the high barriers to entry in the multifamily space and why it's often called the "Good Old Boys Club."

[2:15] - The key to breaking into the industry: Finding and presenting a solid deal.

[3:08] - Strategies for identifying potential deals through cold calling, emailing, and networking.

[4:52] - Basics of calculating property value using rent, NOI, and cap rates.

[7:10] - The importance of quick and effective communication with potential sellers and investors.

[9:05] - Tools and resources for finding multifamily property listings and building your contact list.

[12:45] - Final tips for new investors to avoid common mistakes and maximize their entry into the market.

Links & Resources:Closing Remark:

• Visit MidwestMultifamilyExchange.com for more information and resources.
• Tools mentioned: CoStar, Reonomy for property listings.

Closing Remark:

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