Episode 112 - What CHALLENGES do you have when you buy two large assets, at the same time, in two different states?

Wow! How would you like to work on two separate purchase transactions at the same time? These investing partners found themselves with two accepted LOI’s. They could have dropped one and focused on the other one…but they and their investors decided to move forward with these two purchases. Menon and Ajai are investing partners. Menon lives in Northern California and Ajai lives in Dallas. After submitting numerous LOI’s, their offers on Magnolia Woods (240 units) in Atlanta, Georgia and The Carlton Apartments (108 units) in Fort Worth, Texas were accepted.
Menon explains on why he made the decision to invest in apartment education and mentoring BEFORE he invested in apartments. Ajai, expounds on some of the challenges they found on takeover of both properties.

To contact Ramakrishna Menon : menairproperties@gmail.com
To contact Ajai Sharma: aimnextrealty@gmail.com
To contact James Eng: jeng@oldcapitallending.com

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