Nov 30, 2021
Title: Unlocking a 218-Unit Deal with Anthony Metzger
Anthony Metzger was born and raised in the great state of Minnesota. After high school, at the age of 18, He flew off to France to become a sommelier, that’s right, he loves wine! In fact, he spent his entire 20’s in the wine industry. He worked as a sommelier, a traveling winemaker (someone who travels to different countries during harvest season to make wine) and he filmed wine documentaries. He went to South Africa for 5 weeks to host and film a documentary called “South Africa Wine Documentary – The Pink Grape” on YouTube.
After his wine adventures, near the end of his 20’s, he decided he wanted to get into the real-estate world, quite a different path. One day, his brother Frederic introduced him to an apartment syndication investing podcast. After listening to the podcast, he decided that he wanted to become a syndicator. Moving forward, he found a private equity firm that was actively syndicating deals. He reached out and asked how he could add value to them. Their answer was to find them an apartment building to buy that meets their investment criteria. Next, he got educated on how to underwrite multifamily deals. He spent the next year and a half calling brokers, sourcing deals, underwriting deals, and making offers. After about 18 months of searching, a deal came across his inbox from a broker. Sure enough, after underwriting the deal, working with property management companies, and doing my due diligence, the deal met all of the private equity firm’s investment criteria. Once he was confident in the deal, he presented the deal to the firm and sure enough they accepted it and closed on it with him. This was his first real-estate deal, a 218-unit apartment complex! Since then he had closed on another deal and was actively looking to syndicate another big deal.
Let’s tune in to his story!
[00:01 - 11:12] Opening Segment
[11:13 - 23:26] Anthony’s Incredible first deal
[23:27 - 25:35] Closing Segment
Tweetable Quotes
“If I don’t do this, what else am I going to do?” - Anthony Metzger
“If you’re planning on doing what I do, which is finding a deal to bring to your group, or say you want to be a money broker where you want to bring money to a group whose doing deals, the best thing you could do is create a relationship with that particular group. The most important thing in the syndication business is that it is a team sport.” - Anthony Metzger
“I want to live my life in a certain way, and I know I need to do something different.” - Anthony Metzger
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Connect to Anthony through his email anthony.metzger@yahoo.com
and his website www.financialbedrock.com to know more about his story and get a sample deal package they did
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