Hunting Off Market Data - Jesse Futia
Episode description
Looking for off-market deals involves finding the right data to analyze. This involves knowing what data to seek in the first place. Real estate investors start off not knowing everything, and that’s okay. They only surrounded themselves with the right team and agreed on a course of action they would take together.
This is one of the main principles of this business that has been proven to work every time: partnering with people with the same goals, mission, and aspirations as you.
[00:01 - 04:12] Opening Segment
- I welcome today’s guest, Jesse Futia
- A US Army Ranger and a commercial real estate investor
- His short-term and long-term goals
[04:13 - 11:05] Building the Right Team
- The 2 major components of running a syndication
- Marketing or investor relations
- Operations
- The traits of the right partner in real estate
- Should you outsource your underwriting?
[11:06 - 21:21] Potential in Small Off-Market Deals
- Joint venture of syndication?
- We weigh in
- Why you should look for smaller deals too
- The great thing about real estate that you should know
[21:22 - 26:45] Closing Segment
- How to add value to properties
- Find Jesse at the links below
- Final words
Tweetable Quotes:
“I think there’s potential there too with those smaller deals that we kind of hunt off-market.” - Jesse Futia
“If you’re well-capitalized...and you’re ready to take action, I think there’s an opportunity for you to get in the game.” - Jerome Myers
Resources mentioned:
You can connect with Jesse on LinkedIn.
Learn more about Myers Methods of Multifamily Investing: http://bit.ly/37u6oK3
Register for Myers Methods Multifamily Investing Course: https://bit.ly/37iozkB
Learn more about the Mid-Atlantic Multifamily Conference: https://bit.ly/2V7SlCC
Are you feeling overwhelmed with Multifamily deal analysis? Are you uncertain about the right investment? Christy is an expert underwriter and mentor and wants help you on your journey! Visit her website at www.ChristyKeeton.com to book a discovery call now.