Challenges that syndicators face when executing their business plans
Joe Fairless talks with Apt-Guy Bruce Petersen about some of the challenges he has faced in syndicating deals and how he overcame them.
College dropout to 900+ Units
Bruce sits down with the BiggerPockets team to discuss his upbringing and how it led to where he is today.
Real Estate Syndication
Join Bruce as he chats with Reed Goossens from An Aussie’s Guide to Investing in the US.
Hosted by Jordan Muela, CEO at LeadSimple. The Profitable Property Management Podcast.
About the Apt-Guy℠
Located in North Austin, Northchase is a 120 unit “C” class property purchased in 2015.
Northchase has had a new parking lot, BBQ area and landscaping done since purchase.
Occupancy since take-over has be averaged over 96% and has been profitable from the beginning.
Northchase is a medium term hold with the plan to pursue a supplemental loan (additional loan proceeds to return ≥ 50% of investor capital) within the first three years.
Vizcaya, a 256 unit property in San Antonio, was our first asset outside of Austin.
Purchased in mid 2016, Vizcaya is a B+ asset in one of the Nations best and most stable markets.
Another mid-term hold (5-10 years) purchased as a fully stabilized asset that we look to earn 8-12% in cash flow throughout it’s life in our portfolio.
Aubry Hills, purchased in mid 2017, is a C property located in a C- neighborhood in the dynamic Austin, TX market.
Since take-over we have held occupancy steadily above 94%while many of our neighbors remain below 90%.
Aubry Hills is just the latest example of how our top-notch operations and staffs allow us to be best-in-class.
Stonehill at Pipers Creek
Stonehill is our second purchase in San Antonio after our success previously in the city.
A 292 property that although it was in good physical condition, having undergone an extensive rehab with the previous owners, we look to drive added value through our proven operational systems.