Discover How Percy Nikora Transformed Raised $65M+ to Secure $185M in Multifamily Properties

27 Nov 2024 • 41 min • EN
41 min
00:00
41:25
No file found

Discover the secrets behind raising over $65 million and managing $185 million in multifamily assets as Percy Nikora, co-founder of Penn Capital, shares his incredible journey from tech entrepreneur to real estate powerhouse. In this episode, Percy breaks down his strategic approach to scaling investments, building investor trust, and securing off-market deals in competitive markets. Key Takeaways to Listen For:Scaling Investments with Strategic Market Focus Percy Nikora emphasizes the importance of focusing on select markets to build deep relationships with brokers, government officials, and local businesses. The Power of Conservative Underwriting Percy highlights how maintaining conservative underwriting principles has been crucial for long-term success, ensuring deals remain viable and aligned with investor expectations.Value-Add Strategies for Multifamily Properties Implementing ancillary services, such as partnerships with Google Fiber and offering high-demand amenities like valet trash and virtual concierge services, boosts NOI and property value while enhancing tenant experience.Diversification Through a Fund Model Percy explains the advantages of using a fund model for acquisitions, including the ability to offer investors diversification and negotiate better deals by showcasing dry powder to sellers.Building Investor Personas for Effective Capital Raising Understanding investor pain points and creating tailored personas—such as addressing tax concerns for high earners or providing stability for retiring professionals—helps craft compelling value propositions and foster trust. About Tim Mai Tim Mai is a real estate investor, fund manager, mentor, and founder of HERO Mastermind for REI coaches. He has helped many real estate investors and coaches become millionaires. Tim continues to help busy professionals earn income and build wealth through passive investing. He is also a creative marketer and promoter with incredible knowledge and experience, which he freely shares.  He has lifted himself from the aftermath of war, achieving technical expertise in computers, followed by investment success in real estate, management skills, and a lofty position among real estate educators and internet marketers. Tim is an industry leader who has acquired and exited well over $50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments. Connect with TimWebsite: Capital Raising PartyFacebook: Tim Mai | Capital Raising Nation Instagram: @timmaicomTwitter: @timmaiLinkedIn: Tim MaiYouTube: Tim Mai

From "HERO Capital Raising Show"

Listen on your iPhone

Download our iOS app and listen to interviews anywhere. Enjoy all of the listener functions in one slick package. Why not give it a try?

App Store Logo
application screenshot

Popular categories