Great episode this week with Dante Belmonte, who is a broker, syndicator, and the man behind the well-known “MultifamilyMadness” Twitter account. Dante began his career in real estate in the brokerage world and is still actively brokering deals in upstate NY. As he was growing his brokerage business, he began seeking value-add multifamily deals. He began purchasing assets throughout North Carolina and raised over $1M for his first deal! In this episode, Dante and I discuss the rising interest rate environment and how we’re now underwriting and evaluating deals. We also talk about building deal flow, working with brokers, and raising capital for your first deal. Additionally, we discuss Dante’s Twitter account and how he leverages his following to grow his business. This is a great episode! We’re currently accepting investors into our current offering, The Aligned NH Multifamily Fund. If you’re looking to learn more about the opportunity, click here. TIME STAMPS: 03:36 – We learn about Dante’s background and how he got into real estate 07:20 – We talk about how Dante broke into the syndication world and the first deal he’s ever done 12:00 – Dante and Axel talk about working with brokers, finding investors, and tips for young & new investors 14:25 – We talk about the tools/software Dante uses to build his investor database 21:48 – Dante and Axel talk about the state of the multifamily business 25:46 – We talk about how Dante and his team closed a multifamily transaction in 27 days (!!) 28:56 – We talk about Dante’s Twitter persona & the benefits of being active in that space, content & memes included 34:28 – What advice Dante would give himself before starting his real estate career 35:47 – We talk about Dante’s most significant business-related failure and what he learned from it 36:54 – We learn what skill/trait Dante would attribute his success to 37:42 – We talk about Dante’s goals in the next 6 – 12 months CONNECT WITH AXEL
https://www.instagram.com/multifamilywealth/?hl=en
https://www.linkedin.com/in/axelragnarsson/
CONNECT WITH DANTE https://victorycapgroup.com/ [email protected] https://www.instagram.com/dantebelmonte https://twitter.com/dantebelmonte https://twitter.com/MultifamilyMad
