Multifamily Investor Situation Room

Venkat Avasarala: Scaling to 3,000 Units after Just Getting Started

August 12, 2020

After acquiring 20 rental properties, Venkat sought to quickly scale up his portfolio with multifamily syndication.  Even though he had a lot of success in the single-family space, it was challenging for him to convince brokers in his target market to give him and his partner a chance at some apartment communities that were on the market.  They shifted strategy and a few months later, took down their first 100 units, and 120 units immediately following their first deal.  In this episode, Venkat shares with us tips on how new syndicators can get started and have brokers take them seriously. He also shares with us his reasoning behind vertically integrating his company and why you should consider it as well.

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