THE REAL ESTATE TAKEOFF
Tim Bratz (pronounced “Brotts”) is the CEO and founder of Legacy Wealth Holdings, a real estate investment company that acquires and transforms distressed apartment buildings into high-yield assets for their own portfolio. Tim’s current portfolio exceeds 4,500+ units with a valuation of more than $400M+. Working in real estate, Tim has built a passive business and created a residual income that allows him to live the lifestyle of his choice. He’s here to educate and empower others to become financially free through commercial real estate.
In this episode Tim talks about creative ways to add value. He gets into detail about a 500 unit property he purchased in Texas that didn’t appear to have much value at first glance. He toured the property and recognized about half of units were 3 bedrooms and that there wasn’t a demand in the market for 3 bedroom units. Tim found a creative way to split the 3 bedrooms into 1 bedrooms and present a competitive offer price that allowed them to win the deal. He also talks about mindset, and how to identify the right time to quit your W-2 and go full-time into real estate investing.
Connect with Tim:
LinkedIn: Tim Bratz
YouTube: Legacy Wealth
Partner with us: www.pac3capital.com
Follow the show on Instagram: @themultifamilytakeoff
Let’s Talk About How We Can Help You
Click here to get access to all our investment offerings.