Nov 14, 2024
Before Matt and Melissa Mettry purchased a 12-unit apartment
building in Dallas, they had already gained valuable experience as
passive investors in several multifamily syndications. Through
these investments, they learned just how crucial the role of the
general partner (GP) is to the success of a project. To them, the
general partner was like the captain of an airplane—responsible for
navigating the journey, making key decisions, and leading a team of
limited partners (LPs) to success.
Inspired by their experience, Matt and Melissa decided it was time
to move from the "passenger" seat to the "cockpit." They wanted to
take an active role in real estate, but they also understood the
importance of starting small. Their goal was to first learn the ins
and outs of managing a smaller multifamily property before scaling
up to larger, more complex deals. They were determined to take it
one step at a time, mastering the fundamentals before making bigger
moves.
Are you interested in learning more about how Multifamily
Syndications work? Please visit SPIADVISORY.COM to understand
more about Michael Becker’s Real Estate Syndication business.