The Naked Truth About Real Estate Investing with Javier Hinojo On the New York City Podcast Network

Discover How ATX Acquisitions Have Raised Over $300M And Has Done $2.1B In Multifamily Real Estate.

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Join Tim Mai for an illuminating conversation with Michael Haigh Director of Investment Relations at ATX Acquisitions whose remarkable journey from managing the University of Chicago apos s 14 billion endowment to overseeing ATX apos s 600 million portfolio showcases exceptional market timing and investment acumen Discover how ATX apos s contrarian approach led them to sell 1 billion in assets before market valuations peaked and learn why they apos re now strategically re-entering the market with a focus on multifamily properties With an impressive track record of over 99 successful deals across 115 properties and consistent above-20 net IRRs Michael shares invaluable insights into capital raising strategies Key Takeaways to listen for Market Timing Mastery ATX demonstrated exceptional market insight by selling 1 billion in assets between 2019-2023 when they recognized frothy valuations and compressed cap rates Strategic Acquisition Criteria Less competition exists in 1980s vintage properties due to institutional investors apos rigid cutoff dates and ceiling height requirements creating opportunities to acquire similar quality assets at better pricing compared to early 1990s properties Capital Raising Success ATX apos s approach to raising capital involves multiple channels – over 300 high-net-worth individuals 10 family offices and fund offerings – with persistence in follow-ups 5-12 touches and a mindset that they apos re providing valuable portfolio opportunities to investors Risk Management Lessons From their one unsuccessful deal out of 115 properties ATX learned crucial lessons about the importance of thorough JV partner vetting maintaining healthy cash buffers and ensuring close property oversight for labor-intensive assets Marketing Strategy Their investor attraction approach combines LinkedIn presence educational events including expert speakers podcast appearances and strategic partnerships with other syndicators creating multiple touchpoints for potential investors while providing genuine value through content and networking About Tim MaiTim Mai is a real estate investor fund manager mentor and founder of HERO Mastermind for REI coaches He has helped many real estate investors and coaches become millionaires Tim continues to help busy professionals earn income and build wealth through passive investing He is also a creative marketer and promoter with incredible knowledge and experience which he freely shares He has lifted himself from the aftermath of war achieving technical expertise in computers followed by investment success in real estate management skills and a lofty position among real estate educators and internet marketers Tim is an industry leader who has acquired and exited well over 50 million worth of real estate and is currently an investor in over 2700 units of multifamily apartments Connect with TimWebsite Capital Raising PartyFacebook Tim Mai Capital Raising Nation Instagram timmaicomTwitter timmaiLinkedIn Tim MaiYouTube Tim Mai

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