Educate Yourself Before Your First Multifamily Investment with Anthony Chara

Description

Want a free CRE loan quote? https://quote.peakfinancing.com/quote-request

Educate Yourself Before Your First Multifamily Investment with Anthony Chara

Anthony Chara is a seasoned Real Estate investor that has investing and property management experience dating back to 1993. After 16 years working for a fortune 500 company and traveling extensively it was time for a change. Mr. Chara gave up his lucrative Area Manager position in which he managed 35 electronic technicians in 7 states and a $3M budget so he could spend less time traveling and more time creating wealth for his family. He turned to full time Real Estate investing around 2004. He has also started several service and/or education oriented companies.

Presently, he's managing member of Apartment Mentors and founder of Success Classes. He has owned or managed several successful companies during the last 20+ years. Mr. Chara owns or has owned properties in Arizona, Colorado, Florida, Georgia, Indiana, Iowa, Kansas, Louisiana, Mississippi, Nevada, Ohio, Pennsylvania, Tennessee, Texas, Belize and Paraguay.

In this Peak Market Watch episode, Anthony Chara, Managing Member of Apartment Mentors and Founder of Success Classes, joins Peak Market Watch host and CEO of Peak Financing, Anton Mattli to discuss the importance of educating yourself before your first multifamily investment!

Anthony and Anton will also discuss:

- What to look for in a coaching program

- How to determine the rehab budget

- What one should do to analyze rent rolls and operating statements

- Why one should avoid cross collateralizations

- How to understand the recourse carve outs of non-recourse guarantees

- How to choose your investment partners

- What are the negative impacts on collections by lowering income to rent ratio

- And much more!

Anton Mattli

CEO of PEAK Financing

anton@peakfinancing.com