Become An Apartment Investor - How To Invest In Multi-Family Apartments
[ Ссылка ]
Real Estate Investor Robert Martinez says RE is a people game and you have to be empathetic to people. That’s what he finds keeps the tenants staying in their place longer which saves him money on turn over and makes him more net operating income (NOI).

Robert Martinez is known as the Apartment Rockstar and has over 4,000 units his portfolio owns and manages across all their properties. Mostly located in Texas, Robert Martinez and his company Rockstar Capital help entrepreneurs and experts, professionals, doctors, lawyers and every day successful people that are looking to invest $50,000 or more into becoming real estate investors. By investing in apartment buildings together.

The Apartment Rockstar says average turnover for units and people is 65% in the industry. Rockstar Capital properties stay closer to 45% and he is looking to continue to reduce that in all his properties says Robert Martinez. Explaining to the bomb squad listeners in this episode of Dropping Bombs podcast... Ideally buy deals that are undervalued! Most of his deals now come in from off market, due to his name recognition and social media promotion. Robert Martinez prefers to have 75% loan and 25% down on his properties at purchase, to reduce the risk and allow for more money in the bank. Ideally keeping 6 months of cash on hand to cover the expenses of the property for the just in case situations saying “you never know what is going to happen.”

Additionally Rockstar Capital CEO says expense reductions also add to the NOI. Letting listeners know rent and expense reductions are what allow you to grow the NOI on the property. RE investors also get to benefit from depreciation tax benefits that are only available on multi-family or commercial properties, but not single family home investments.

Why become an apartment investor? Robert Martinez says once he learned how to invest in multi-family apartments his entire life has changed and now he is the apartment rockstar showing others how to invest in multi-family apartments. #realestateinvesting #apartmentrockstar #rockstarcapital

свернуть