CREI Partners

Real Estate Investments

The Untold Stories of Real Estate Investing Podcast

Strength and resilience of Class A Multi-Family Apartments with Dan Handford

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CREI Partners
CREI Partners
Strength and resilience of Class A Multi-Family Apartments with Dan Handford
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If you don’t have time or don’t want to make time to invest in real estate, can you still make money investing in multifamily properties while reducing/shielding your tax liability? It’s possible and legal.  In this episode, Wayne Courreges talks to Dan Handford with PassiveInvesting.com and Multifamily Investor Nation. Over the past 12 months, Dan and his team have invested more than $136 million in multifamily properties with a capital raise of $50 million to purchase those assets. Also, Dan and his wife, Dennae, host the Tough Decisions for Entrepreneurs Podcast.  Topics on Today’s Episode:
  • Multifamily Side: Dan’s motivation to move from passive to active investing
  • Real Estate Professional Classification: Offset all income to reduce taxable liability
  • Multifamily Investing Mentor: Hire lifeline and pay for direct access to acquire assets
  • ABCs of Asset Classes: Dan chooses A and B+ with value-add multifamily properties
  • Investor Pools: Never passively invest without considering capital preservation at play
  • Would of/Should of: Start ability to find investors earlier and raise money to secure deals
  • Due Diligence: Building relationships with brokers, making investor lists takes time/effort
  • Lessons Learned: Always have more reserves and extra funds than expected
  • Overlooked Aspects: Underwriting can make returns look good, but unrealistic
  • Post-COVID Pros and Cons: Cashflow, renovations, rent defaults, and occupancy rates
  • Pandemics: Create marriages, divorces, and babies that drive demand for place to live    
Links and Resources: PassiveInvesting.com Multifamily Investor Nation Tough Decisions for Entrepreneurs Podcast CoStar Market Analytics Apartments.com Wayne Courreges Free Passive Investor eBook by Wayne Courreges The Untold Stories of Real Estate Investing Podcast

About Wayne Courreges III

Based out of Central Texas, Wayne leads the investment life cycle and investor relations for CREI Partners as the Lead Sponsor and General Partner. CREI Partners is a privately held investment company focused on acquiring multi-family value add opportunities throughout the Austin, San Antonio, and Houston region. Contact Wayne at 512-710-2500 or wayne@creipartners.com for more information on future investment opportunities.