142. From Military to Multifamily: Overcoming Vacancies and Delinquencies with Chris Linger

Westside Investors Network

ABOUT CHRIS LINGER

Christopher Linger is the Principal at Up Plex Capital LLC. Having built a personal portfolio valued at over $100M, Chris and his wife created significant passive income for themselves and their investors by finding the best properties today’s market can offer. Chris has an MBA, twenty-seven years of active duty Navy services (retired), now a full-time apartment syndicator.

THIS TOPIC IN A NUTSHELL:

Chris's journey to real estate

How Up Plex started
Scaling into Syndication and other asset class

Getting into coaching and other business venture
What they learn from being a passive investor first
About the 200-unit Texas deal

Details & metrics about this project
What made them pursue this deal?
Target hold time and returns for this project
What is your team's Value-add plan?
How to deal with Vacancy & Delinquency issues

Handling eviction process, section 8 tenants, and moratoriums
Pros of this project

Connect with Chris Linger

KEY QUOTE:

“Location is the key and the management. Being involved, having some surprise visits, getting collaborative with the PM as well as accounting folks and back office, to understand that you know where the money is going, and if what else can we cut back on something. “

SUMMARY OF BUSINESS:

Up Plex Multifamily Investments is a private equity firm designed to make it more attainable for investors to invest in these incredible wealth-building assets with confidence. Our partners get to leverage our time, network, and decades of experience to create peace of mind with every investment they make with us.

ABOUT THE WESTSIDE INVESTORS NETWORK

The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.

The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.

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CONNECT WITH CHRIS:

Website: https://www.up-plex.com/homepage

Email: [e-mail]

Instagram: https://www.instagram.com/popsrei

Facebook: https://www.facebook.com/hm2linger/

CONNECT WITH US

For more information about investing with AJ and Chris:

· Uptown Syndication | https://www.uptownsyndication.com/

· LinkedIn | https://www.linkedin.com/company/71673294/admin/

For information on Portland Property Management:

· Uptown Properties | http://www.uptownpm.com

· Youtube | @UptownProperties

Westside Investors Network

· Website | https://www.westsideinvestorsnetwork.com/

· Twitter | https://twitter.com/WIN_pdx

· Instagram | @westsideinvestorsnetwork

· LinkedIn | https://www.linkedin.com/groups/13949165/

· Facebook | @WestsideInvestorsNetwork

· Tiktok| @WestsideInvestorsNetwork

· Youtube | @WestsideInvestorsNetwork