The Biggerpockets Real Estate Investing Podcast

Many people have dreams of owning large multifamily properties—but fail to get beyond small deals. Not today’s guest! Today, we sit down with Bruce Petersen, an investor from the Austin, TX area who started with a 48-unit syndication deal and hasn’t looked back! Bruce has some incredible stories and lessons from his time in the business, so if you ever plan to buy an apartment complex, this is one episode you need to pay close attention to! In This Episode We Cover: Bruce’s background What a syndicator does Why he started out with a 48-unit deal Why it’s easier to handle a property with more units The “deal triangle“ Tips for hosting a meet-up The class system of properties When to upgrade a unit What exactly a preferred return is How syndicating really works How he included his daughters in the deal How he finds deals And SO much more! Links from the Show BiggerPockets Forums BiggerPockets Events Brandon’s Twitter Profile Mindy’s Twitter Profile Loopnet Resman BiggerPockets Webinars