Preparing for Success in Multifamily & Apartment Investing
Presentation by Matt Faircloth and Justin Fraser
Facilitated by Harry Metzinger
Many real estate investors steer away from multifamily and apartment investing, possibly due to fear of the unknown or due to limiting beliefs. Guest speakers Matt Faircloth and Justin Fraser are two SJREIA members who have successfully made the leap from single family investing into larger multifamily properties. Matt & Justin will share their experiences and equip investors with the tools to take the leap themselves. Meeting to be facilitated by SJREIA member Harry Metzinger.
Topics to be covered include:
- Evaluating multifamily
- Are you ready to start buying multi's
- What you need to know before buying your first multi family deal
- Surprises and challenges
BIOs -
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 13 years ago, with a $30,000 loan as seed capital. Since then he has grown from nothing to a 6 person company controlling over 360 units of residential and commercial properties throughout New Jersey, Pennsylvania, and North Carolina. DeRosa is based in Trenton, NJ and has completed over 20 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 twice, along with many other Podcasts and Radio Shows. He is a former coordinator of the South Jersey Real Estate Investors (SJRIEA) chapter in Princeton NJ.
Justin Fraser is an active real estate investor in Central NJ. He started investing in real estate with one single family home in 2014, and has since wholesaled, flipped houses, and now has a rental portfolio including single family and small multifamily properties with his company Liberty Property Investing. Justin is under contract to close on a 40 unit property in Virginia by the end of April 2018.
When: Second Monday of the month, 6-9 pm
Cost: This meeting is FREE for SJREIA members. VISITORS pay $20. Join for $150/year and attend unlimited meetings for FREE. We will apply your visitor fee to membership if you join same night as meeting.
Location: PJ Whelihan’s Pub, 1854 E. Marlton Pike, Cherry Hill, NJ 08034
Dinner is NOT INCLUDED, but it is available. Everyone orders their own meal. Please plan on ordering something from the menu. Thanks!
Members – Please bring your membership card to verify you have a current membership.
2018: Jun 11, Jul 9, Aug 13, Sep 10, Oct 8, Nov 12
Subgroup Leader: Tom Dagney
Bio: Tom has been a part time real estate investor for over 25 years. His experience includes being a residential landlord (yearly and seasonal), land developing, and rehabbing/house flipping in the Camden, Burlington, Cape May, and Philadelphia counties.
During the day Tom is a Senior Sales Consultant for Protection One, the second largest electronic security company in the USA. His expertise is marketing to middle to large corporations presenting solutions for intrusion, fire card access, and CCTV systems in the South Jersey/Philadelphia market place.