105-Unit Tillery Apartments In Knoxville, TN With Gino Barbaro, Multifamily Investing Expert
Multifamily Investor Nation
English - May 27, 2024 10:00 - 31 minutes - 28.8 MB - ★★★★★ - 131 ratingsInvesting Business Education realestateinvesting cashflow investing realestate business multifamily apartments apartmentinvesting marketing entrepreneur Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: 194-Unit Midtown Ridge In Chattanooga, TN With Neal Bawa, Apartment Syndication Expert
Whitney Elkins-Hutten of PassiveInvesting.com interviews Gino Barbaro, a multifamily investing expert, as he recently spearheaded the acquisition of the 105-unit Tillery Apartments in Knoxville, Tennessee. This strategic purchase exemplifies Gino's expertise in identifying and capitalizing on value-add opportunities in the multifamily market. By securing an 80% loan-to-cost ratio with a smart interest-only period, Gino has maximized cash flow for renovations. Gino's strategic moves are already paying off. As of August 2023, 57 units have been given a makeover and are now fetching premium rents. With 40 more to go, Tillery is well on its way to becoming a cash cow. Keep your ears in this episode and hear how Gino made his move.