Big Mike Fund Podcast

Welcome to The Big Mike Fund Podcast. Today it is a pleasure and a privilege to welcome Tim Bratz. Tim is a multi-family real estate investor from the Cleveland, Ohio area. He buys, develops, and holds apartment buildings, vacation rentals, & other commercial real estate properties throughout Ohio, South Carolina, Georgia, Florida, Oklahoma, & Texas. Today we’re talking about the impact that COVID-19 has had on one of his biggest projects: Georgia Plains. We’ll talk a little bit about the background of Georgia Plains and the mechanics behind it. Tim and I also go over his plans for the rest of 2020 as well as his view on the future of multi-family real estate investments. Minute Markers: 00:29 – Welcome Tim Bratz 04:15 - The courage it takes to trust a sponsor and operator 08:00 - A little about Georgia Plains 14:13 - The mechanics behind Georgia Plains 17:00 - How Tim pays an overfunded project 18:00 - Rent per door on average 21:12 - How did the virus affect the overall project? 28