Tim Bratz is a commercial real estate investor & consultant. He owns a portfolio valued at over $300M, consisting of over 4,000 rental units.
In this episode, Tim shares how he scaled up from single-family to multifamily and gained massive portfolio grow...
Tim Bratz is a commercial real estate investor & consultant. He owns a portfolio valued at over $300M, consisting of over 4,000 rental units.
In this episode, Tim shares how he scaled up from single-family to multifamily and gained massive portfolio growth. He shares how, even with his own money set aside for investment, he still finds strategic ways to find deals and raise capital. To his credit, he was able to bring his money lenders and non-real estate entrepreneurs over from single-family home deals to apartment building deals – creating win-win opportunities for them both.
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What you’ll learn in just 17 minutes from today’s episode:
Resources/Links:
Topics Covered:
Key Takeaways:
“I like just the scale of the apartments. I love that you can go to one location instead of 10 locations; you can look at one roof instead of 10. I love looking at one foundation instead of 10, raising money from one borrower or lender instead of 10 lenders, and negotiate with one seller instead of 10 sellers. So there’s more scale to it.” – Tim Bratz
“Today, I find my deals from really just networking, talking to different people, talking to residential wholesalers, brokers, agents, and telling them that I buy apartment buildings.”– Tim Bratz
“By just being top of mind and letting them know that I’m a real estate buyer of apartment buildings, they think, ‘Oh, I came across this building, I don’t know what to do with it, maybe I’ll call Tim, maybe I’ll sell it to Tim’s team.’ My team then reviews it, we pay them a commission or kick them some equity and the deal even. And it’s a win-win for everybody.” – Tim Bratz
“Regardless of how much money you have set aside, I’m still always having conversations with private money lenders, regardless of how much deal flow I have. I’m still always out marketing and sourcing opportunities.” – Tim Bratz
“I’ve been able to convert a lot of my turnkey buyers of single-family houses into equity investors as well, just by letting them know that there’s just a bigger, better place for them.” – Tim Bratz
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