Value-Add Strategy: Inside a 24-Unit Deal with Savannah Arroyo

How can strong relationships and strategic planning turn challenging investment conditions into profitable opportunities?   In this episode, Savannah Arroyo, also known as "The Net Worth Nurse," shares her journey into real estate investing and the strategies she employed to turn a challenging 24-unit deal into a lucrative investment. With a background in nursing, Savannah brings a fresh perspective to multifamily syndications, focusing on relationship-building and strategic problem-solving. From overcoming financing hurdles to implementing efficient property management, Savannah walks us through her experience in revitalizing a property plagued by delinquent tenants and deferred maintenance. Her story highlights the power of resilient partnerships, smart underwriting, and adaptability in a rapidly shifting market.     [00:01 - 04:17] Building Wealth as a Nurse Discovering real estate while on maternity leave Transitioning from single-family to multifamily investments Raising capital in uncertain times   [04:18 - 08:29] The 24-Unit Oregon Deal Insights on securing and managing a value-add property The role of a motivated seller in closing the deal Addressing property issues and managing tenant delinquencies   [08:30 - 12:27] Property Management: The Key Partner Working with management companies on smaller complexes The importance of on-the-ground maintenance teams Setting realistic expectations with property managers   [12:28 - 16:53] Financing Multifamily Deals Navigating credit union requirements and syndication complexities Involving passive investors for GP roles Handling challenges with CapEx funding and loan terms   [16:54 - 20:21] The Power of Relationships Building long-term broker and property management relationships The importance of transparent communication Benefits of partnering with local credit unions and management       Key Quotes:   "Relationships are the backbone of successful real estate investing. It’s about being honest, upfront, and clear on what you need."- Savannah Arroyo   "A good property manager doesn’t just follow instructions; they understand the big picture and help you achieve it." - Savannah Arroyo       Connect with Savannah:   LinkedIn: https://www.linkedin.com/in/savannah-arroyo/     Visit sponsorcloud.io/contact today and unlock $2,000 of free services exclusively for REI Rocks community members! Get automated syndication and investor relationship management tools to save time and money. Mention your part of the REI Rocks community for exclusive offers. Help make affordable, low-cost education summits possible. Check out Sponsor Cloud today!   LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode.   Are you confused about where to start? Join our community and learn more about real estate investing.    Head over to our Facebook Page, YouTube channel, or website  https://www.theacademypresents.com/jointhesummit36848306.