In this episode, Nico from Small Axe Communities discusses strategies to secure a multifamily real estate deal. He emphasizes three key elements: money, expertise, and network. Nico explains how having capital simplifies the process, but if you lack funds, you must have the expertise or a robust network to find and manage deals. He addresses various roles within a real estate team, such as asset managers, capital raisers, and deal finders, and underscores the importance of aligning skill sets with team needs. Nico also highlights the value of building long-term relationships and maintaining a collaborative attitude to succeed in multifamily real estate ventures. Finally, he encourages listeners to share this valuable information and offers guidance to those interested in joining a partnership.

00:00 Introduction and Show Purpose

00:41 Key Elements for Getting a Deal

01:09 Importance of Money, Expertise, and Network

01:53 Roles and Expertise in Multifamily Projects

02:49 Building Your Value in a Team

03:38 Case Study: Partner Expertise

04:26 Building Trust in Partnerships

04:56 Identifying Your Expertise

05:21 The Power of Deal Finding

05:52 Negotiating and Team Building

06:19 Key Traits for Success

07:58 Final Thoughts and Encouragement