$20 Million of Real Estate Acquired in 2 Years! | Multifamily Investing | The Haltere Group | EP 138

The Haltere Group has purchased over 300 units worth over $20 million dollars around the country. They started their company at the height of a world crisis in 2020 and decided to put their collective experiences together and build something greater. They started raising money from family and friends and haven’t looked back.

They now own multiple apartment complexes and 5 acres of land in Louisiana, Arkansas, Alabama, Missouri and more. They persevered through challenges such as costs of materials, labor and supply chain issues. In the last two years, they’ve paid out over $300,000 to their investors in spite of the crisis happening in the world.

In this episode we discuss gaining trust with investors, managing apartment complexes, how they pick their markets to invest in and more.

1) It’s important to operate with integrity and build trust with your investors. You build trust by being transparent and delivering on your promises.

2) It can be easier to get qualified to purchase a commercial property vs. a residential property because commercial property is evaluated in large part based on the income the asset produces.

3) If you want to invest in large apartment complexes, consider having onsite and offsite property management to protect your investment as much as possible.

How to find them
IG- @halteregroup
Website- https://halteregroup.com/

Access all of our resources on our website-https://www.blackrealestatedialogue.com/links

Our new merch is coming out soon! Text BREDMERCH to 74121 to get on the waitlist

Time Stamps

Starting The Haltere Group 2:55
Concerns about interest rates 6:47
Definition of Syndications 8:42
Evaluating 50-100 Unit Deals 10:40
Explanation of Cap Rate and Cash on Cash Return 12:35
How to Invest in a Syndication 13:09
Renovating Large Apartment Complexes 16:30
Challenges of the Business 18:44
Dealing with Supply Chain Issues 24:00
Explaining Challenges to Investors 25:00
Financing Big Deal Estate Deals 25:46
Gaining Trust with Investors 27:50
Trust in the Black Community 33:11
Breakdown of 81 Unit Louisiana Deal 37:50
Investing in Monroe, Louisiana 40:58
Visiting Prospective Properties 43:30
Property Management for Apartment Complexes 46:54
Advice for Beginners 51:55

This episode is about: real estate syndication,real estate development,real estate investing for beginners,los angeles real estate,louisiana real estate,st louis real estate,alabama real estate,group economics,renovation,construction,property management,real estate development 101,real estate tips,real estate investing,private investors