![Multifamily Investor Nation artwork](https://is5-ssl.mzstatic.com/image/thumb/Podcasts123/v4/46/3f/8b/463f8b6b-5f2e-d5f3-bdae-13b0809d3e46/mza_2240998393267119431.jpg/100x100bb.jpg)
248-Unit 500 Flats In Fort Worth, TX With Wesley Yates, Apartment Syndicator
Multifamily Investor Nation
English - May 22, 2023 10:00 - 30 minutes - 27.5 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: 42-Unit Silk Mill In Redding, PA With Giang Nguyen, Multifamily Investor
Whitney Elkins-Hutten from PassiveInvesting.com interviews Wesley Yates, an apartment syndicator who recently acquired a 248-unit 500 Flats complex in Fort Worth, Texas. The deal was closed in March 2021. He urges everyone to take advantage of brokering opportunities and secure themselves good deals. Despite maintaining an occupancy rate of over 90%, the high delinquency levels necessitate the implementation of effective property management strategies. Wesley offers valuable advice on how to avoid potential issues when purchasing a floating rate. Make sure to catch this episode to gain valuable insights before taking the plunge into multifamily investing.