We are excited to share another information-packed episode, this time on multifamily syndication, with Anna Tan. The Tans have been in the real estate business for over a decade, and today, you will hear how they started and scaled their business.
Anna's first real estate property was a wedding gift from her parents, both Vietnamese immigrants who started in real estate by buying a house with their savings and renting it out. She and her husband opted to rent out the kind gift and stayed with her parents for a few years.
While they learned many lessons from operating a single-family property, Anna and her husband realized they could do more. After doing their due diligence, Anna was the first to jump in and sign the PPM for their first multifamily investment as a limited partner. She shared that syndication allowed them to scale bigger and faster. They borrow money at a low or reasonable interest and use that to acquire a large property with a higher return on investment. Obtaining a loan addresses the main barrier to entry in this type of investment: a large capital. She emphasizes the importance of understanding the underwriting and asking questions before investing.
Anna also discusses what they do after making the investment, which includes meeting with the property manager weekly or biweekly and focusing on marketing to increase traffic, hot leads, and occupancy. She also contrasts single-family and multifamily investments and discusses what they did to become more educated and efficient investors who are expanding their overall portfolio.
Who is Anna Tan?
Anna Tan is the Principal of SuiteLifeMF, LLC, founded to empower, educate and provide wealth-building opportunities to our friends and family.
The Tans have acquired, invested, and operated real estate for over 10+ years, with a recent focus on commercial real estate.
Within the first year of operations, the SuiteLifeMF portfolio has amassed $100MM assets under management and over 900 units.
Connect with Anna:
LinkedIn: https://www.linkedin.com/in/annale174
Website: https://suitelifemf.com
Sign up, become a member of the SuiteLifeMF community, and receive investment opportunities. Start with this free guide: https://www.suitelifemf.com/freeguide
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Austin Wang (host): https://www.linkedin.com/in/austin-ou-wang/
Aman Shahi (host): https://www.linkedin.com/in/amanshahi1993/
