APARTMENT INVESTOR MASTERY NEWSLETTER

❤️FEBRUARY 2024❤️

UPCOMING EVENTS

SOLD OUT EVENT: Weekend 2 Wealth:
How to Buy, Analyze, Fund, Manage and PROFIT from Apartment Buildings

Our upcoming Weekend2Wealth event is officially SOLD OUT! Click the button below for more information on future Weekend2Wealth events and some special early bird discounts for the rest of our Sumrok events in 2024.

In Case You Missed It:
2024 Apartment Investing Forecast Replay

Millionaire Multifamily Mastermind Trip – Utah

Our Millionaire Multifamily Mastermind is a group of individuals who want to GROW their apartment investing business, deepen their understanding of the 6M Framework and NETWORK with other likeminded members at exclusive trips that are sure to leave lasting memories. Our MMM members just completed a 6 day mastermind in Utah that allowed them to connect on a new level and grow their business while also prioritizing their health and fitness.
Click here to check out our recap video

Want to learn more about the Millionaire Multifamily Mastermind? Click the button below to book a call with one of our Program Advisors.

SUMROK STUDENT SUCCESS STORY

We are thrilled to announce the great success of our Sumrok students; Neander L & Delia K, Tudor F, Casey F, Kat W & Antonio L, Peter F, Jana & Tim U, Kesava T, Lynne B, and Rick R, who recently closed on the purchase of Luna Vista Apartments in Fort Worth, TX.

Luna Vista Apartments is situated at the intersection of Interstate 30 and Loop 820, just ten minutes from downtown Fort Worth and Arlington, with convenient access to area employers and the Dallas-Fort Worth metroplex. Built in 1979, the property consists of 236 units and was acquired for $26,150,000 with an impressive capital raise of $14,750,000.

Notably, the high-performing asset was purchased from another group of Sumrok students, keeping the deal in the Sumrok ecosystem.

The attractive cost basis of $110k/unit, fixed-rate agency debt, and recent infusion of over $5,100,000 of capital improvements primarily on the exterior are what drew them to this asset. The team is deploying approximately $3,300,000 in capex funds, concentrating on unit interiors and resident amenities to take this asset to the next level.

Want to learn more about becoming a Sumrok Personal Mentoring Student? Click the button below to book a call with one of our Program Advisors.

Podcast Alert!

Check out Brad’s most recent podcast interview appearance! Brad joins Seyla and Aileen on the “How Did They Do It?” podcast and shares how he discovered real estate investing, the massive impact of mentorships on his journey as a beginner in the business, and why you shouldn’t let the fear of investing in yourself block you from achieving the life you want. Click here to catch the episode!

Want Brad on your Podcast?

Brad’s 2024 speaking requests are almost booked up and he has a few slots left. If you have a podcast, YouTube Channel or upcoming event and would like Brad to be a guest speaker, please fill out the form linked below!

FEATURE MARKET

Why is Dallas-Fort Worth on our list of top multifamily markets to invest in?

• Strong occupancy rate currently at 93.4%
• Strong rent growth at $1,589 effective rent
• Price Per Unit at $155,451
• Fantastic Median Household Income at $89,297

Source: Berkadia 2024 Forecast

SERVICE PROVIDER SPOTLIGHT

Ramey King is an independent insurance agency located in Texas. Their team is dedicated to providing quality service and coverage by listening to your needs. They have the capabilities to handle individual, family, or business insurance and have access to a wide variety of carriers. By comparing coverages across our insurance carriers, they’re able to insure almost any situation you may face.

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