AIJ081: How He Closed on a 218 Unit on His First Deal - with Anthony Metzger

The Lead Sponsor - Real Estate Investing Through Syndications and Funds

English - March 01, 2021 07:00 - 28 minutes - 19.7 MB - ★★★★★ - 55 ratings
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Previous Episode: AIJ080: Breaking into the Commercial Multifamily Investing World - with Josh Ferrari

Next Episode: AIJ082: From a Triplex to 308 Units of Commercial Multifamily - with Justin Elliott

In this episode, Anthony Metzger shares his journey into the real estate world and how he closed on a 218 unit on his first deal by consistently and diligently underwriting deals and partnering with an experienced investor.

>>>Interested in partnering with us on future opportunities? Connect with me at CanovoCapital.com.

WE DISCUSS:

What Anthony was doing before he got into real estateWhy he moved into real estate. His focus on finding and analyzing deals. How he went about analyzing a couple of hundred deals over a period of 18 months.How he found his 218 unit deal. How he found an experienced group to partner with him on. The process he followed to bring the investor group to the table and his role in the deal moving forward. His best advice for someone just getting started.

KEY QUOTES:

"Don't focus on how much money you're going to make on your first deal. Just focus on doing your first deal!"

ABOUT OUR GUEST:

I am born and raised in St. Paul, MN. At the age of 18, I flew to France and lived there for one
year to study and work as a sommelier.

All throughout my twenties, I traveled the world making wine, studying wine, and filming wine
documentaries (In fact, if you go to YouTube and type in “South Africa Wine Documentary – The Pink Grape” you will be able to watch my wine documentary).

At the age of 28, while sitting on the couch, my younger brother approached me and asked if I
had ever heard of Michael Blank. My reply was no.

I signed up for Michaels Ultimate Guide Program and started listening to his podcasts. Once I
got educated, I immediately began looking for deals and underwriting them. A year and a half
later, a deal came across my desk and I underwrote it and it worked. I submitted the deal to the deal desk and it got accepted. A few months after that, we closed on the deal. 218 units was my first deal. Since then I have closed on my second deal and grown my network.

CONNECT WITH OUR GUEST:
www. BlueCloudEquity.com

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