Henry Che’s Post

“Investing in multifamily real estate properties is all about financial returns.” Wrong. I think today is a perfect day to shed light on this topic… It’s also about: ✅ Building relationships: When I first started, I never realized how much I'd come to value the relationships. Partners, Tenants, and fellow investors - they've all been a part of my journey, and it's these connections that make the process deeply rewarding. ✅ Creating value: We often talk about 'value-add' in a strictly financial sense. But think about it – isn't it more than just upgrading a unit? It's about creating a better living space for someone, making their life a little more comfortable, a little more enjoyable. There's an art in that, a satisfaction that money can't buy. ✅ Impacting lives: We're not just landlords or investors; we're providing homes, cultivating communities. We have the power to impact lives. And with that power comes the responsibility to create positive, safe, and nurturing spaces for our tenants. ….. At the end of the day, we are not just investing in properties; we're investing in people, communities, and ourselves. This journey has been about more than just passive income or wealth creation, it's been a heartfelt journey of personal growth and meaningful connections. What does multifamily investing mean to you? P.S. Join me on the webinar TODAY where we will talk about my latest investment opportunity, Grove Parkview - a gem that will unlock you passive investing benefits. Register now here: https://lnkd.in/ecyNR6mt

The 10 Biggest Mistakes New Multifamily Investors Make In multifamily real estate investing, avoiding common pitfalls can be the difference between success and failure. Here are ten of the most significant mistakes new investors often make: 1. Going it Alone: -Multifamily investing requires a team including brokers, lenders, attorneys, and mentors. Attempting to navigate the process solo can lead to costly errors. 2. Waiting to Raise Money: -Failing to secure financing or partners before finding a deal can result in missed opportunities. It's essential to have funds lined up in advance. 3. Moving Too Slow: -Overcautious investors may miss out on deals by hesitating to take action. Developing clear investment criteria and acting swiftly on opportunities is key. 4. Moving Too Fast: -Rushing through deals without conducting thorough due diligence can lead to costly mistakes. Successful investors strike a balance between speed and diligence. 5. Buying the Wrong Property: -Lack of clarity on investment goals can lead to purchasing unsuitable properties. Investors should define their criteria beforehand to avoid making hasty decisions. 6. Trying to Predict the Future: -Multifamily investments should focus on generating income rather than speculation on appreciation. Attempting to time the market can undermine long-term success. 7. Gambling on Cash Flow: -Purchasing properties with negative cash flow is risky, especially for inexperienced investors. Relying on future cash flow projections can lead to financial strain. 8. Ignoring the Law: -Failure to understand local landlord-tenant laws can result in legal issues. Investors must familiarize themselves with relevant regulations to avoid costly mistakes. 9. Hiring the Wrong Property Manager: -Choosing an incompetent property manager can lead to poor tenant relations and operational inefficiencies. Thoroughly vetting property managers is crucial for success. 10. Not Reading Leases: -Overlooking existing lease agreements can result in unexpected liabilities or restrictions. Investors should review all lease terms with legal or professional assistance to ensure clarity. While these mistakes can be detrimental, they are entirely avoidable with proper preparation, education, and the guidance of experienced professionals. Learning from the experiences of others can help new multifamily investors navigate the complexities of the market and achieve long-term success.

In Multifamily Investing, Vision is Key 🔑! The real secret to success lies in having a clear vision — the ability to see the long-term potential of a property, deal, or project. Here's why it’s worth the investment: ➡ 📅Short-term challenges like renovations, tenant turnover, or market shifts are temporary. The real value in multifamily investing comes from long-term gains. ➡ 🔑Every property has hidden potential — whether it’s unused space, below-market rents, or opportunities for better management. Seeing that potential is where the magic happens. ➡ 📈The best results come from strategic patience. In this business, it’s not always about immediate returns. It’s about putting in the work now for future cash flow, equity growth, and asset appreciation. ➡ 🏠Each project you take on contributes to building a strong, sustainable portfolio. Think of it as a piece of the larger puzzle. ➡ ⏳The true reward of multifamily investing comes from focusing on quality projects that set you up for long-term success — not just quick wins. Remember: The best investments often take time to show their full value. The long-term payoff is worth the wait. Are you ready to unlock the true power of multifamily investing? Don’t just watch from the sidelines—step into a team that turns vision into action. By signing up to our mailing list you’ll get exclusive access to high-value multifamily deals, insider strategies, and tools to help you build wealth like a pro. Sign up here to learn more: https://lnkd.in/gwcs2C_R or send me a DM to explore how you can secure your next big investment!

Investing in multifamily real estate properties is more than just financial returns. It's about building communities and nurturing lives. I think today is a perfect day to shed light on this topic. ✅ Building relationships: When I first started, I never realized how much I'd come to value the relationships. Partners, Tenants, and fellow investors - they've all been a part of my journey, and it's these connections that make the process deeply rewarding. ✅ Creating value: We often talk about 'value-add' in a strictly financial sense. But think about it – isn't it more than just upgrading a unit? It's about creating a better living space for someone, making their life a little more comfortable, a little more enjoyable. There's an art in that, a satisfaction that money can't buy. ✅ Impacting lives: We're not just landlords or investors; we're providing homes, cultivating communities. We have the power to impact lives. And with that power comes the responsibility to create positive, safe, and nurturing spaces for our tenants. ….. At the end of the day, we are not just investing in properties; we're investing in people, communities, and ourselves. This journey has been about more than just passive income or wealth creation, it's been a heartfelt journey of personal growth and meaningful connections. What does multifamily investing mean to you? P.S. Eager to embark on your own investing journey? Send me a DM and let’s build wealth in harmony with our passions!

Ever bought a multifamily property right before COVID? Yeah… we did. Talk about timing. The previous owner was ready to move on, trading up for something with less hassle and a lower cap rate. We saw potential. And we jumped in, ready to turn it around. Here’s what we did: Renovated the physical condition—goodbye old appliances, hello modern upgrades. Replaced every outdated fan, tore out the old carpet, fresh paint on the walls, and swapped out bathroom hardware. Changed up the management—new team, new standards, better results. Improvements? Check. Then came the fun part—refinancing during rising interest rates. Stressful? Oh yeah. But with the cash flow soaring, we pulled through. And then? Offers started rolling in—at three times what we’d initially invested. That’s when we knew—we didn’t just survive. We thrived. It’s never boring with multifamily value-add projects. Sure, there’s stress, but seeing the results? Totally worth it. P.S. Ever taken on a project that looked risky but paid off big? Let’s swap stories! Delphine Dung Nguyen, CCIM Che Capital Asset Management

𝐂𝐨𝐧𝐬𝐢𝐝𝐞𝐫𝐢𝐧𝐠 𝐦𝐮𝐥𝐭𝐢𝐟𝐚𝐦𝐢𝐥𝐲 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐢𝐧𝐠? Here's the scoop on its Pros and Cons of Investing in Multifamily Real Estate 𝐀𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 𝐒𝐭𝐞𝐚𝐝𝐲 𝐂𝐚𝐬𝐡 𝐅𝐥𝐨𝐰: Investing in multifamily properties provides multiple income streams, reducing risk. Even if one tenant leaves, income from others can offset the loss while a replacement is found. 𝐋𝐨𝐰𝐞𝐫 𝐑𝐢𝐬𝐤: Multifamily real estate investments tend to remain stable regardless of market fluctuations. Housing demand persists during economic downturns, and urban areas attract individuals seeking opportunities during prosperous times. 𝐓𝐚𝐱 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬: Acquiring and renovating multifamily properties can offer tax incentives, benefiting both investors and local communities. Opportunities for profits while minimizing costs are especially prevalent in designated opportunity zones. 𝐃𝐢𝐯𝐞𝐫𝐬𝐞 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐎𝐩𝐭𝐢𝐨𝐧𝐬: Multifamily properties come in various types, such as duplexes, triplexes, and high-rises. This diversity allows investors to choose properties based on their resources and investment strategies. 𝐃𝐢𝐬𝐚𝐝𝐯𝐚𝐧𝐭𝐚𝐠𝐞𝐬 𝐂𝐨𝐦𝐩𝐥𝐞𝐱 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭: Managing living spaces for multiple families requires significant time and effort. Unlike other asset classes like industrial or retail, which often involve interactions with a single tenant, multifamily properties demand more intensive management. 𝐈𝐧𝐢𝐭𝐢𝐚𝐥 𝐂𝐨𝐬𝐭𝐬: While multifamily properties offer promising returns, they often come with high initial costs. However, financing options for multifamily properties are typically more accessible than for single-family homes. 𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐨𝐧 𝐀𝐦𝐨𝐧𝐠 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬: Acquiring and renovating multifamily properties can offer tax incentives, benefiting both investors and local communities. Opportunities for profits while minimizing costs are especially prevalent in designated opportunity zones. 𝐖𝐡𝐞𝐭𝐡𝐞𝐫 𝐲𝐨𝐮'𝐫𝐞 𝐚 𝐬𝐞𝐚𝐬𝐨𝐧𝐞𝐝 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫 𝐨𝐫 𝐣𝐮𝐬𝐭 𝐬𝐭𝐚𝐫𝐭𝐢𝐧𝐠 𝐨𝐮𝐭, 𝐰𝐞𝐢𝐠𝐡𝐢𝐧𝐠 𝐭𝐡𝐞𝐬𝐞 𝐟𝐚𝐜𝐭𝐨𝐫𝐬 𝐢𝐬 𝐤𝐞𝐲 𝐭𝐨 𝐦𝐚𝐤𝐢𝐧𝐠 𝐢𝐧𝐟𝐨𝐫𝐦𝐞𝐝 𝐝𝐞𝐜𝐢𝐬𝐢𝐨𝐧𝐬 𝐢𝐧 𝐫𝐞𝐚𝐥 𝐞𝐬𝐭𝐚𝐭𝐞!

Make sure you have four eyes managing your multifamily property!! A myth existed a few years ago whereby you can buy a property, raise some capital, hire a "professional" property manager, and then coast for 4-5 years while the cash flow rained upon you and the valuation magically increased through value-added activities. Well...it worked for several years and many millionaires were made... Fast forward to today, and multifamily investing is a different ballgame. Those same professional property managers are bankrupt or if they are in business, don't exactly have their ducks in a row and are not doing a great job. The result? The asset manager must keep an eye out on EVERYTHING, down to the individual transaction level in order to be successful and must have amazing systems in place. Nothing can be assumed or taken for granted, and before you know it, your occupancy has tanked, expenses are through the roof and you have NO idea what happened...and now your investors are frazzled. So don't fall for the hype of multifamily investing being "easy." It's anything but that.

WHY are Multifamily Investors so OPTIMISTIC❓🏢 Despite economic challenges, and just coming off of rate increases not seen in 40 years... Many Multifamily Investors are EXCITED. Counterintuitive? Let's look into the reasons behind their upbeat outlook. ▶ Capitalizing on Market Dynamics: With new construction projects on the rise, rent growth and vacancy rates may fluctuate in the short term. However, this surge is expected to taper off by 2025-26, presenting a window of opportunity for investors. ▶ Strategic Investment Potential: Amidst the construction boom, value-add multifamily properties stand out as lucrative investments. With reduced new construction due to high-interest rates, investors can capitalize on buying opportunities from owners facing challenges with maturing debt and expiring cap rates. ▶ Navigating Market Challenges: Cap rate expansion and price adjustments create hurdles for some owners looking to refinance, leading to increased property sales. 💡 Savvy investors can seize these opportunities to acquire properties and leverage future rent growth for long-term profitability. ▶ Celebrating Opportunities: Despite market fluctuations, forward-thinking investors recognize the potential for success in the multifamily sector. Less competition, rising demand, and well-executed value-add strategies set the stage for prosperity. ----- Multifamily investors are optimistic because... they know. strategic decisions made today can shape a prosperous tomorrow in the dynamic and resilient world of Multifamily Investing. 🌆 ----- Are you ready to take advantage of Multifamily Investing opportunities in 2024 and beyond? Comment down below! ⤵

Many multifamily owners will be holding assets for YEARS to come. Focus NOW on INCREASING NOI, because later is too late. Multifamily operations aren't simple or easy but the fundamentals are pretty straightforward: → Increasing Rental & Ancillary Income → Improving Collections → Minimizing Bad Debt → Managing and Reducing Expenses Where to start? → 𝐇𝐢𝐠𝐡𝐥𝐲 𝐎𝐜𝐜𝐮𝐩𝐢𝐞𝐝? 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐭𝐡𝐢𝐬: - Increasing ancillary income or utility bill-back - Reducing bad debt or improving collections - Reducing expenses - Improving turn times or days vacant - Reducing Turnover → 𝐎𝐜𝐜𝐮𝐩𝐚𝐧𝐜𝐲 𝐛𝐞𝐥𝐨𝐰 92%? 𝐅𝐨𝐜𝐮𝐬 𝐨𝐧 𝐭𝐡𝐢𝐬: - Enhancing Employee Performance - Product Readiness - Submarket Competitiveness - Improving Conversion Rates - Review and Revise Marketing Efforts - Reducing Turnover Operating like it's 2021, 2022, or even 2023 isn't even an option. There's no longer a participation prize, refi, or dispo on the horizon with oversupply, rising operating costs, high interest rates, and all of the other challenges. You have to lead with the intention of 𝑪𝒐𝒏𝒔𝒕𝒂𝒏𝒕 𝑶𝒑𝒆𝒓𝒂𝒕𝒊𝒐𝒏𝒂𝒍 𝑰𝒎𝒑𝒓𝒐𝒗𝒆𝒎𝒆𝒏𝒕. In other words: 𝐑𝐮𝐧 𝐋𝐞𝐚𝐧 = Making minor improvements continuously with a goal of perfection. From Housekeeper to President. with 25 years in operations, I've seen the cycles. As a Multifamily Consultant, I see what high-performing assets are doing and how they are winning. Not sure where to start? Let's talk, message me on LinkedIN or email me at SHampton@AssetNOI.com -

Investing in multifamily real estate raises an interesting point: is it still a viable option in today's market? With the housing landscape constantly shifting, more people are exploring multifamily properties as a stable investment opportunity. The benefits highlighted in a recent article spotlight how these investments provide consistent cash flow, risk diversification, and a hedge against economic fluctuations. Owning multiple units allows for economies of scale, reducing maintenance costs while increasing overall yield. These factors make it a compelling choice for both seasoned and novice investors navigating the complexities of real estate. What are your thoughts on the multifamily real estate trend? Do you see potential challenges or advantages? Join the conversation and share your insights! https://lnkd.in/gwCgBnqk