What is the best way to approach the conversation with potential multifamily investors? How do you communicate the benefits of investing in apartment buildings over other asset classes and assure them that their money is safe with you—even if...
What is the best way to approach the conversation with potential multifamily investors? How do you communicate the benefits of investing in apartment buildings over other asset classes and assure them that their money is safe with you—even if you’re new to the space?
David Kamara is the Founder and Managing Director of Cape Sierra Capital, a multifamily syndication firm out of Ann Arbor, Michigan. He has 15 years of investing experience in the real estate space, getting his start with a portfolio of residential single family and duplex units before transitioning to apartment buildings and townhome communities. Today, David owns 200-plus units and serves as a mentor on the Michael Blank team.
On this episode of Apartment Building Investing, David joins cohost Drew Whitson and I to explain how he coaches his mentoring students to approach the conversation with potential investors, describing how multifamily isn’t subject to the same risks as single family rentals. He weighs in on what helps aspiring syndicators believe in their ability to succeed, exploring how knowledge helps us visualize what’s possible but action is key in making it real. Listen in for David’s insight on getting your priorities straight and learn how underwriting to cashflow makes multifamily a good investment no matter what’s going on in the world.
What David’s been up to since his last appearance
What helps aspiring multifamily investors believe it’s possible
How COVID changed the way David talks to investors
How COVID has impacted David’s underwriting
David’s advice around market timing
How David coaches his students on talking to investors
Why David invested in the Platform Builder Incubator
David’s plan to produce content consistently
David’s advice for aspiring multifamily syndicators
David’s Free eBook: Personal Cashflow Formula
Learn More About Michael’s Mentoring Program
Register for Michael’s Platform Builder Incubator
Join the Nighthawk Equity Investor Club
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