I decided to get involved purchasing real estate in the fourth quarter of 2017. I first purchased a new construction duplex. I then searched for a way to go after larger deals. I was very familiar with the multifamily asset class but wanted to learn how to purchase larger deals.
I joined a multifamily mentorship group in the Dallas area. At the beginning of 2018, I started to invest passively into other sponsors multifamily deals as well as started to underwrite and go after my own lead sponsor deal. I closed my first lead sponsor deal at the end of 2018 which was a 76 unit townhome community.
In total I've invested in over 9,000 multifamily units. I’m in over 30 different transactions in various capacities including as a limited partner, a general partner and a fund manager. You can say, I’m a fan of the multifamily asset class, it’s returns, it’s tax benefits, it’s valuation, it’s inflation protection and capital preservation attributes.