Michelle Byers-Robson

I personally haven't invested in apartment complexes, but I do have friends that go in with groups of people and they, so you offset your risk by going in in a group and buying a one big property together and then having someone manage that for you. Again, I just really think it has to do with your market. and where you're at.

I personally haven't invested in apartment complexes, but I do have friends that go in with groups of people and they, so you offset your risk by going in in a group and buying a one big property together and then having someone manage that for you. Again, I just really think it has to do with your market. and where you're at.

I personally haven't invested in apartment complexes, but I do have friends that go in with groups of people and they, so you offset your risk by going in in a group and buying a one big property together and then having someone manage that for you. Again, I just really think it has to do with your market. and where you're at.

It is. I actually tend to pick two or three and really focus on them so I know what I'm doing and I can really get in. Again, I tend to be the person that likes to walk the neighborhood, walk the neighborhood, walk the neighborhood. know what's going on, where I'm investing and what I'm doing there. And I really want to know what's going on.

It is. I actually tend to pick two or three and really focus on them so I know what I'm doing and I can really get in. Again, I tend to be the person that likes to walk the neighborhood, walk the neighborhood, walk the neighborhood. know what's going on, where I'm investing and what I'm doing there. And I really want to know what's going on.

It is. I actually tend to pick two or three and really focus on them so I know what I'm doing and I can really get in. Again, I tend to be the person that likes to walk the neighborhood, walk the neighborhood, walk the neighborhood. know what's going on, where I'm investing and what I'm doing there. And I really want to know what's going on.

Once you get to know an area or a neighborhood, you don't need to walk that neighborhood every day, but you might still want to do it once a week. So I like to be in markets where I can actually physically see what's happening there and can kind of keep a good read on it. But there are other, quote unquote, hot markets and opportunities out there that I really am excited about.

Once you get to know an area or a neighborhood, you don't need to walk that neighborhood every day, but you might still want to do it once a week. So I like to be in markets where I can actually physically see what's happening there and can kind of keep a good read on it. But there are other, quote unquote, hot markets and opportunities out there that I really am excited about.

Once you get to know an area or a neighborhood, you don't need to walk that neighborhood every day, but you might still want to do it once a week. So I like to be in markets where I can actually physically see what's happening there and can kind of keep a good read on it. But there are other, quote unquote, hot markets and opportunities out there that I really am excited about.

And those are kind of some of these markets where maybe it really is expensive to get in, but you could do secondary, quote unquote, investments through something called arbitrage. I've seen arbitrage work really well in markets like Arizona, right? where there are beautiful brand new apartment complexes, the real estate price to go in is very expensive, but they don't have a whole lot of hotels.

And those are kind of some of these markets where maybe it really is expensive to get in, but you could do secondary, quote unquote, investments through something called arbitrage. I've seen arbitrage work really well in markets like Arizona, right? where there are beautiful brand new apartment complexes, the real estate price to go in is very expensive, but they don't have a whole lot of hotels.

And those are kind of some of these markets where maybe it really is expensive to get in, but you could do secondary, quote unquote, investments through something called arbitrage. I've seen arbitrage work really well in markets like Arizona, right? where there are beautiful brand new apartment complexes, the real estate price to go in is very expensive, but they don't have a whole lot of hotels.

And all of a sudden, all I'm going in on is, I mean, and I need to get a corporate lease and you got to do your things right. But if I go in and do that right, and I get a corporate lease, I can rent that apartment out as a short-term rental. And I can make the money without ever even going in more than my investment of the rent.

And all of a sudden, all I'm going in on is, I mean, and I need to get a corporate lease and you got to do your things right. But if I go in and do that right, and I get a corporate lease, I can rent that apartment out as a short-term rental. And I can make the money without ever even going in more than my investment of the rent.

And all of a sudden, all I'm going in on is, I mean, and I need to get a corporate lease and you got to do your things right. But if I go in and do that right, and I get a corporate lease, I can rent that apartment out as a short-term rental. And I can make the money without ever even going in more than my investment of the rent.

So there are some interesting things that I think areas like there's, I would say, Arizona or Austin is another great one for that. There are some of these other cities that are just really kind of that would be an opportunity. And those are really exciting to me.

So there are some interesting things that I think areas like there's, I would say, Arizona or Austin is another great one for that. There are some of these other cities that are just really kind of that would be an opportunity. And those are really exciting to me.

So there are some interesting things that I think areas like there's, I would say, Arizona or Austin is another great one for that. There are some of these other cities that are just really kind of that would be an opportunity. And those are really exciting to me.

Absolutely. The first is do your homework. Read the small print. What I mean by that, Scott, is Check what the HOA rules are, what the city ordinance rules are, what the county rules are. There are a lot of these. If I were a small investor going in wanting to pick up one, two Airbnbs,

Absolutely. The first is do your homework. Read the small print. What I mean by that, Scott, is Check what the HOA rules are, what the city ordinance rules are, what the county rules are. There are a lot of these. If I were a small investor going in wanting to pick up one, two Airbnbs,