Tim Bratz is a multi-family real estate investor, CEO and co-founder of Legacy Wealth Holdings. He began his career in New York as a broker, leasing ground floor retail units. In 2008, he moved to South Carolina and started building his own real estate company. Today, he owns a property portfolio of over 3,400 units, and shares some of his secrets to multifamily success with us.
What We Cover In This Episode:
- The current state of the market in multifamily real estate space
- The importance of having systems and business models in place in order to be resilient in the crisis
- How Tim transitioned from investing in single family to multifamily properties
- What the due diligence process looks like for buying an apartment building
- How financing structure looks like in commercial real estate
- What are the typical disqualifiers for a property that Tim considers investing in
- What the journey to a ‘Grand Slam’ deal looks like
- What is the most misunderstood part of multifamily investing
Resources:
- Legacy Wealth Holding https://www.legacywealthholdings.com/
- Follow Tim Bratz on Facebook https://www.facebook.com/CommercialEmpire/
- Follow Tim Bratz on Instagram https://www.instagram.com/timbratz/
- Connect with Tim on LinkedIn https://www.linkedin.com/in/timbratz/