Duane Winkle Covers All The Basics of Apartment Investing
Manage episode 365458280 series 3472895
Duane Winkle, a tech worker and multifamily real estate investor, joins the podcast while relaxing on the beach in Punta De Mita, Mexico. Duane shares his experience as an apartment syndicator with 500 units and $30 million assets under management in Arizona. He discusses his transition from single-family homes to syndications while holding down a W2 job in the tech sector. Duane emphasizes the benefits of passive investing in apartment real estate and shares his entrepreneurial journey, highlighting the freedom it offers compared to traditional business ownership. He stresses the importance of creating a business plan when taking out a commercial loan and highlights the value of partnering with a property management company. Duane also touches on enhancing the resident experience through amenities and adapting to market trends.
During the conversation, Duane delves into the current state of the apartment market and addresses the issue of rising rents and maintaining a high occupancy.
Host Contact Details:
Brian O'Neill - Passive Capital Partners
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Guest Contact Details:
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