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Learn to Invest in Apartment Buildings

September 11th, 2009 · 5 Comments

high rise apartment buildingI am currently assisting to teach a year long class on Apartment investing.  A number of  people have asked me if they can join.  Unfortuneately, the class is too far along to join at this point.  The good news is  because of the demand a second class is forming in Northern Virginia.

Introducing REACH – Real Estate Apprenticeship in Commercial Housing

Would you like to learn how to invest in apartment buildings?  Better yet would you actually like to DO IT? REACH is a year long class that is a great opportunity to learn more than just theory, it is a chance to actually do a deal! Class members will break up into groups of five. Each group will have a goal to purchase an apartment building during the course of the class.

You see most real estate instruction is about giving you information and hoping you will then go out and do deals.  Sadly, after the excitement of a class is over, most people don’t take action.  In fact many are not geared to help you learn, but to entice you into ever more expensive classes and coaching programs.  This class is different.  It is about helping you get real results.

Why you will succeed with this class.

  • There is a focus on attitude and overcoming fears
  • You will work with a team to motivate you and hold you accountable
  • Workload will be divided up among team members
  • You will focus on your strengths and your areas of interest, while other team members handle areas of their own strengths.
  • Your weak areas are covered by your teammates strengths
  • You will be taught by an experienced team of instructors, who are doing this business in today’s market.

    • The skills you will learn and the tasks you will do

  • Create an LLC
  • Write a business plan
  • Learn marketing and how to have a constant flow of deals coming to you
  • Learn to evaluate deals
  • Create letters of intent
  • Go to contract and do due diligence
  • Learn how to raise the money
  • Create syndications and learn SEC regulations
  • Learn how to manage the properties and maximize their profit potential.

    • How do I get involved

    The year long class is limited to 25 People and the cost is $2950.00.  More importantly than the money, you must be committed to making the effort.  If you want to get involved contact us and we will send out an application.

    Sign up here for a class application

    PS: If you want a great book on apartment investing check out my review of Dave Lindahl’s Multi Family Millions here

    Happy investing,

    Ned Carey

    Tags: real estate

    5 responses so far ↓

    • 1 Mark@wine of month club (1 comments.) // Sep 11, 2009 at 10:44 pm

      Ned, We’ve got to get you a new banner! Thanks for the reminder on apartments, with the large number of foreclosures here in San Diego, I’d expect there to be plenty of renters available! Financing could be a problem, no?

    • 2 Ned // Sep 12, 2009 at 6:17 pm

      Yes Mark,

      It’s a great time to be buying apartments if you have the money, but you are right, financing is tough.

      That’s why part of the class is about creating syndications. There are lots of people out there who would love kind of returns real estate can bring but they don’t have the skills or enough money to buy large projects. A group syndication can allow these investors to fund your deals and get great returns.

    • 3 Sire (53 comments.) // Nov 4, 2009 at 2:55 am

      The price is very reasonable considering it’s a year long course. Also it should be considered more as an investment rather than an expense.

      I would assume there are some pitfalls in buying the right apartment, and so it could also be considered money well spent as it could save you from losing a lot more through improper actions.
      .-= Sire´s last blog ..Shocking October Stats Not So Shocking =-.

    • 4 Ned // Nov 4, 2009 at 7:01 pm

      Oh Phooey, You are coming up as nofollow Sire. I have Lucia’s linky luv plug-in that should make you DoFollow after three comments. I have to figure out what’s wrong.

    • 5 Sire (53 comments.) // Nov 6, 2009 at 4:27 am

      And yet I keep coming back. Reckon there is a message there somewhere Ned. 😉
      .-= Sire´s last blog ..The Child Of God =-.