He likes C class and B class value add Multi family deals, and he surely knows how to sniff them out! Here why large multi family properties make sense and what metrics he uses to validate a proper internal rate of return. If you're looking to level up in real estate, this episode is for you! Best Ever Tweet: Underwrite your deal conservatively.
Steve O’Brien Real Estate Background:
- Co-founder and Chief Investment Officer of Arcan Capital - Responsible for acquisition of over 20 multifamily assets totaling close to $200 million in the last five years - Placed nearly $100 million in financing with FMNA, FMAC, HUD, bank and insurance company sources - Prior to Arcan, Mr. O'Brien was with CBRE - Based in Atlanta, Georgia - Say hi to him at www.arcancapital.com - Best Ever Book: Outliers by Malcolm Gladwell
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