Manage episode 244375025 series 2526036
Apartment investment does bring in more profits these days especially if you know how to move your way through acquiring units and luring investors. In this episode, Dan Handford with PassiveInvesting.com interviews Chris Hake about how he was able to acquire a 32-unit apartment complex called Greenway Apartments in Madison, WI in June 2019 for $1.8 million. With his success, Chris shares the importance of building trust and relationships in real estate. He also talks about the projections of the units as well as the payment schemes he has mapped out for his investors. Join Dan and Chris as they talk more about apartment investing and the issues that surfaced while on the process of the closing deal and how Chris dealt with them.