CTW 118: Nic Espanet - Seeing Opportunities in Secondary and Tertiary Markets

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By Juan Vargas and Juan Vargas / Multifamily Real Estate Investing / Apartment Investing / Rea. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Nic is a multifamily investor and syndicator in Fort Worth, Tx. He has nearly 4 years of experience with multifamily having been an passive investor in 7 separate deals and a lead syndicator in 2 others and working currently on another.

Topics Covered:

  • Need a mentor or a team to help you
  • Seeing opportunities in a tertiary market
  • Accounting for a higher cap rate
  • Structuring deals for secondary and tertiary markets
  • Competing with deals in bigger markets
  • Thinking about cash flow and cap rates for smaller markets

Nuggets of Wealth

  • What is a good tool, source, or platform that you use almost daIly that can also help others? Mailchimp, DocuSign, able2extract.com
  • What was the best business advice you ever received? Ready, Fire, Aim. Success Leaves Clues.
  • What book are you currently reading? The Millionaire Fast Lane by M.J. Demarco. The Go Giver
  • Where do you see your business in 5 years? Doubling the portfolio, spending more time with family, travel the world.
  • At the end of your life, how do you want to be remembered? A good husband and father
  • Where can CTW Nation go to contact you? nic@thrivemultifamily.com Text me at 817-683-8114

152 episodes