MB 196: How to Align with a Sponsor to Do Your First Multifamily Deal – With Anthony Metzger

<p>So, you don’t have real estate investing experience. And you don’t have any money of your own to invest. What if I told you that in two short years, you could be closing on your first deal of 200-plus units? That you could be fielding calls from brokers at Marcus & Millichap? That you could be building your own multifamily brand?</p> <p>Anthony Metzger spent 10 years in the wine industry, working as a sommelier and winemaker in the US and Europe before setting his sights on multifamily real estate. After his brother introduced him to <a href= "https://themichaelblank.com/the-ultimate-apartment-investing-guide" target="_blank" rel="noopener">The Ultimate Guide to Apartment Building Investing</a> at the end of 2017, Anthony got busy underwriting deals and reaching out to brokers. Two short years later (in a joint venture with <a href= "https://nighthawkequity.com/" target="_blank" rel= "noopener">Nighthawk Equity</a>), Anthony has closed on his first deal, a 218-unit multifamily property in Little Rock, Arkansas.</p> <p>On this episode of Apartment Building Investing, Anthony joins me to share what inspired his interest in multifamily and walk us through the experience of doing his first deal. He explains how learning the language of real estate gave him credibility with brokers and how consistent practice analyzing deals and talking to brokers built his confidence. Listen in to understand how the Nighthawk Equity team supported Anthony in the buyer’s interview and learn how to align yourself with a lead sponsor to do YOUR first multifamily deal.</p> <h3>Key Takeaways</h3> <p>What inspired Anthony’s interest in multifamily</p> <ul> <li>Listening to Grant Cardone and Robert Kiyosaki</li> <li>Always been entrepreneur, hungry for project</li> </ul> <p>Anthony’s initial real estate goal</p> <ul> <li>Partner with Nighthawk Equity to do first deal</li> <li>Didn’t want to raise money until experienced</li> </ul> <p>How things changed for Anthony once his first deal closed</p> <ul> <li>Taking calls from Marcus & Millich