TOPIC: Case Study of Buying a 49 Unit Apartment Building
Guest speaker Matt Faircloth will be reviewing a case study on how he purchased a 49 unit apartment complex in a very competitive market on the east coast. He will review how he found the deal, how he financed it, how he is managing it and all points in between.
Bio: Matt Faircloth is the President and Co-founder of The DeRosa Group which is a developer and owner of commercial and residential property with a mission to “transform lives through real estate." Matt got started investing in Real Estate 12 years ago, with a $30,000 loan as seed capital. Since then he has grown from nothing to a 6 person company controlling over 150 units of residential and commercial properties throughout New Jersey and Pennsylvania. DeRosa has completed over 14 Million in real estate transactions involving Private Capital including fix and flips, single family home rentals, mixed use buildings, apartment buildings, and tax lien investments. Matt Faircloth is an active contributor to the Bigger Pockets Blog and was featured on the BP Podcast, along with many other Podcasts and Radio Shows. He also runs the South Jersey Real Estate Investors (SJRIEA) chapter in Princeton NJ.
SJREIA members attend FREE; Visitors pay $15
Please RSVP if you plan to attend so Restaurant can provide sufficient wait staff for our meeting (plus we can reach you if any last minute changes/updates)
Location: On the Border Mexican Grill & Cantina - 51 Us Highway 1, New Brunswick, NJ 08901
Schedule: Networking 6:30 - 7:00 PM
Vendor Introductions 7:00 -7:15 PM
Announcements 7:15 - 7:30
Meeting 7:30 - 9:00 PM
Networking 9:00 PM
THIS GROUP MEETS THE LAST WEDNESDAY EACH MONTH.
Subgroup co-leaders: Scott Forgue and Justin Fraser