Tim Bratz Interview on Multi-Family Investing, Raising Money, and Deal Structuring
How to Get In Touch with Tim:
Email: [email protected]
Website: CLEturnkey.com
Facebook: https://www.facebook.com/tlbratz
Summary of Call:
- Tim is 32 years old and does 100+ flips per year (turnkey rentals, not wholesales)
- Owns 400+ apartment units
Management company has 600+ units under management - Aggressively acquiring apartment complexes using a unique deal structuring strategy that combines private money and BRRRR
- Buys apartment buildings to hold and also flips apartment buildings!
On pace to pick up 1200 apartment units this year! - Has a great plan in place to build massive residual income and long-term wealth with real estate
- 9:20 – Unique way in which Tim structures his apartment deals with no money down!
This is an extremely attractive option for his private lenders
Works really well for value add deals, not stabilized deals
This is basically commercial BRRRR - 17:29 – Tim talks about how he buys/builds apartment buildings around the country through strategic partnerships
He gets a piece of the deal just for raising the $!
This deal in GA – their cost basis is $6.5m and it appraised for $13m - 20:25 – He describes how to he bought land from the bank and got that same bank to finance their land and construction at 1% interest for 30 years!
- 23:00 – We talk about your “unique ability” and how to harness it
- 24:42 – 3 Main Things private lenders really care about
- 25:25 – How Tim sources apartment deals
- 29:30 – How to use social media the right way to get money and investors
- 33:19 – We talk about “Should you raise $ first or find deals first?” and How where to find the $$
- 38:00 – How to use stock market’s great performance to raise $ for real estate!
- 41:41 – Why repositioning deals are better than stabilized from a profit and long-term hold perspective
- 46:27 – Why “Class B” properties are a safe asset class to invest into
Daniil: Very helpful, and you pointed out the key point timing. Appreciate it very much !
This was a GREAT interview. Hinged on every word. One of the things I benefited from the most was the terminology and learning to speak the language. Reposition deals, Stabilized Assets, Preforming Properties, Cap Rate of course. Also, great that Tim mentioned “Men Who Built America” show. Looking forward to watching that one now. Thanks again Daniil – this was great!
Lots of good takeaways for sure. Glad you enjoyed it, Michael! Men who built America was a great show for sure – makes what we’re accomplishing feel small 🙂
Daniil…a great interview, good info from a fellow Ohio guy.
Thanks,
Mike
Glad you enjoyed it, Mike!
Thanks Daniil, this is vary informative information,
You’re welcome, Greg – thanks for watching
Great information. Finding investors or partnering has been difficult. Need to keep trying.
Thanks
Pauline – you’ve got some great tools at your disposal with our software and educational products so put them to work and reach out for help if you need it!
Enjoyed the interview. Really good info.
Amazing content!!
Thanks, Cheryl!