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2020-05-04

Joseph’s Background:

  • CEO of TriArc Equity which invests in heavy value add multifamily in the Houston area
  • Started investing in real estate In 2011 after learning his coworkers owned properties
  • Background in Civil Engineering

In this episode we cover:

  • What type of properties his team targets
  • His first deal and how the scope of the project changed drastically and what Joseph did to make it work
  • A current deal of TriArc’s which Included 37,000 budget of capital expenses per door
  • Bringing in partners to help decide budgets (general contractors and property management)
  • Determining finish levels for your units and going over marker comps to figure out what the market commands
  • How curbside appeal can help attract new tenants

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