Why Tech Investors Are Moving Money Into Apartments with Ryan Porter

"The deal has to work now. The deal has to work today." Ryan Porter buys apartments like rents will keep falling, and that is why he likes this market.

 

Ryan has spent 25 years in tech and works at Amazon Web Services. Through his family firm, Porter Legacy Group, he co-GPs C and B class apartment deals in Dallas Fort Worth, with three communities so far.

 

He shares why he is buying 20 to 40% below the 2020 and 2021 peak, why he chose an operator with 20+ years instead of another newbie, and how he and his father raise capital from two very different investor groups.

 

Key topics:

• What a co-GP brings to the table
• Buying at a low basis in a reset market
• Underwriting with rents still going down
• Raising capital through relationships, LinkedIn and white papers
• Why tech investors want steady cash flow
• Raising capital while working a full time job

 

About the guest:

Ryan Porter is a multifamily investor and co-GP with Porter Legacy Group, focused on Dallas Fort Worth. He has 25 years in tech, started with single family flips and midterm rentals about 10 years ago, and raises capital from Bay Area tech professionals.

Get the free roadmap to raise more capital from investors: https://resultsenterprises.com/roadmap

Connect with Ryan: https://www.porterlegacy.com

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