Why is value-add multifamily investing considered the best performing commercial property asset class? In our recent conversation with Zach Winter, we explored the attractive aspects of this investment strategy and its potential to rapidly increase value and net operating income. We also delved into the reasons why many investors choose this approach over ground-up development as a means to generate cash flow quickly.
As we shifted our focus to passive investing, we examined the factors that investors should consider when comparing multifamily and ground-up investments, such as contingency plans for unexpected delays and the importance of adhering to underwriting criteria. Zach shared his insights on the risks and rewards of investing in ground-up apartment complexes and offered advice on making the transition from a W-2 job to a real estate investor.
Lastly, Zach imparted valuable real estate investing and networking advice, emphasizing the significance of setting aside a contingency budget, leveraging an online presence, and adopting a patient approach when analyzing deals. In addition to sharing his thoughts on meeting new investors and tracking important metrics, Zach discussed the habits that yield the highest return and the importance of giving back as a means of showing appreciation. Join us for an insightful conversation with Zach Winter as we navigate the world of real estate syndication and multifamily investing.
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About Zach Winner
He is a founding partner of Prosperity CRE and the founding principal of Cornerstone Investments, known for providing his clients with cash-flowing investment opportunities. His expertise lies in various sectors, including commercial real estate, residential real estate, and real estate development.
During the period from 2012 to 2017, he served as the key principal and managing member of an investment group that successfully acquired, managed, and eventually sold a 72-room hotel located in Austin, Texas.
From 1998 to 2009, he demonstrated his entrepreneurial skills by owning and operating real estate, mortgage brokerage, and escrow offices in Southern and Northern California. Throughout this period, he facilitated numerous real estate acquisitions and provided financial services to clients in hundreds of transactions across the United States.
In a previous role, he held the position of Chief Executive Officer and General Counsel at a prominent public affairs firm. In this capacity, he offered strategic counsel to Fortune 500 corporations, corporate trade associations, and various clients, including renowned entities such as ExxonMobil, Southern California Edison, and the National Ignition Facility at Lawrence Livermore Laboratories.
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