Ep #5 - David Childers created his first real estate syndication deal at the age of 25. At 27 David bought a 114 unit apartment building with a 50% vacancy ratio and learned the multi-family real estate business in a hurry! Today D

David Childers created his first real estate syndication deal at the age of 25. At 27 David bought a 114 unit apartment building with a 50% vacancy ratio and learned the multi-family real estate business in a hurry! Today David owns and operates over 200 apartment units in Tennessee and runs Residential Investment Advisors, a real estate brokerage specializing in multi-family properties. 

Owner/Broker, David Childers founded Residential Investment Advisors in 2011. During his years of experience as a real estate agent he realized an opportunity in the industry to work with small, private investors in the purchase and sale of multifamily properties in Middle Tennessee.

David has significant experience in many areas of the commercial and residential real estate industry including brokering and facilitating financing for multifamily properties and ownership and management of multifamily and commercial properties. He has brokered millions in multifamily properties and provided professional resources for investors, bankers, and appraisers. 

Here’s some of what you will learn:

• How Dave made his first syndication deal at the age of 25
• Learn what Dave did, (in a hurry), to fill his first 114 unit apartment building with 50% vacancies
• The importance of naming, re-naming, and branding your apartment communities
• How spending $5 a day on Facebook can drive renters to your vacant apartments
• Using YouTube to market you apartment communities to potential renters
• Understanding deals and looking for pitfalls
• The most important rule to retaining tenants
• The importance of knowing your banker and how banking works
• The importance of shopping and finding competitive insurance rates
• Deciding what kind of landlord you want to be
• The most important members of your real estate investment team
• The importance of education, podcasts, blogs, and clubs

Our Guest

You can learn more about David Childers and Residential Investment Advisors at:

http://www.ria-inc.com/

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Recommended Resource

• Looking to invest in a multi-family real estate project? Want to partner with me personally on a deal? To schedule a time for us to talk click on this link: http://meetme.so/RodKhleif