Using Other People’s Money to Buy Apartments

In this episode of "Real Deal Investing", hosts Jerron Kelley, a seasoned real estate attorney, and Larry Mastropieri, a real estate broker and agent, talk with Nizan Mosery, a real estate investor and multifamily syndicator.

Nizan shares his background, growing up in New York City, and his early experiences in real estate, including renovations of commercial properties. The conversation touches on Nizan's transition from single-family homes to multifamily investing and his realization about the power of using other people's money (OPM) in real estate deals.

Nizan highlights the importance of building relationships and credibility, especially when dealing with brokers and raising capital. He discusses the challenges he faced in the beginning, such as finding the right deals and understanding the significance of connecting with the right people. He also emphasizes the critical role of networking and the continuous effort needed to establish and maintain fruitful relationships in the real estate industry.

Nizan also touches on challenges in raising capital for syndicated deals and the necessity of being conservative in underwriting. The conversation delves into the complexities of managing multifamily properties and the responsibilities of a general partner, emphasizing the need for an active role in day-to-day operations.

Nizan highlights the complexities of dealing with various stakeholders, including property management companies, government regulations, and economic factors. The discussion touches on the impact of the 2024 economic environment on foreclosures and emphasizes the need for a proactive approach to potential challenges. He also provides insights into his experience with multi-unit properties, emphasizing the importance of having a winning team, making strategic decisions, and adapting to market dynamics. He then discusses the nuances of syndication, the role of accredited investors, and the value of building relationships with mentors.

Overall, Nizan's story illustrates the journey, challenges, and key lessons learned in the real estate industry, emphasizing the importance of relationships, credibility, and strategic thinking when venturing into multifamily syndication.

#realestateinvesting #realdealinvesting #nizanmosery #expertadvice #floridarealesate #realestate 

Connect with Jerron: Jerron Kelley, Esq. www.kelleygrantlaw.com

Connect with Larry: Larry Mastropieri www.DiscoverSouthFlorida.com

Connect with Nizan: Nizan Mosery The Conscious Capitalist Cornerstone Investment Partners www.InvestWithCip.Com