RCRE - The Power of Liquidity with Omar Khan

Dylan Marma and Mike Taravella interviews Omar Khan who is responsible for Multifamily Acquisitions for Boardwalk Wealth. 

• Buy Right so you don’t have a property that you can’t exit
• Chances for having a more favorable increase:
• • If you are in a bigger, more liquid market
  • Execute true value-adds, instead of having the market driving
  • Leave some value-adds for the next seller
• Class C properties are trading for the same cap rates as Class B
• The biggest risk investors are facing is that sponsors aren’t raising enough money
• Leave 6-9 months of cash flow personally and in your business
• You’re never a forced seller when times are good
• Investors must trust you and believe in the story of the deal, not just the numbers
• Ask specific questions to sponsors to see their thought processes
• Accounting & Finance team members live and die by the income statement
• Don’t be fearful to ask questions 
• Reassess your underwriting assumptions by comparing with actuals
• Expert Tip: Have the patience and reserves as a sponsor to get paid. Sponsors generally get paid on the sale of the deal and it takes several years to do so.

Quote14:48 -15:11

Contact Information:

https://www.boardwalkwealth.com/

For more information/to connect with Rand CRE:

www.randcre.com

To register to invest with us:

https://invest.randpartnersllc.com/invexp/accounts/login/

Rand CRE's Facebook: https://www.facebook.com/randcre

Rand CRE's Twitter: https://twitter.com/randcre

Rand CRE's Linkedin: https://www.linkedin.com/company/randcre

Rand CRE's Instagram: https://www.instagram.com/randcre

We're here to help create multifamily entrepreneurs... Here's how: Brand New? Start Here: https://jakeandgino.mykajabi.com/free-wheelbarrowprofits Want To Get Into Multifamily Real Estate Or Scale Your Current Portfolio Faster? Apply to join our PREMIER MULTIFAMILY INVESTING COMMUNITY & MENTORSHIP PROGRAM. (*Note: Our community is not for beginner investors) 👉https://jakeandgino.com/apply About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company. They control over $250M in assets under management. They have created the Jake & Gino Premier Multifamily Community to teach others a simple three-step framework for investing in multifamily real estate. Connect with Jake & Gino on the social media platform you are most active on: https://jakeandgino.com/link-tree/