RCRE – Scaling Profitably with Nate Trunfio
Mike Taravella interviews Nate Trunfio from Direct Lending Partners to discuss Nate is the President of DLP Direct Lending Partners, a national private lender who lends to single family and multi-family operators.Key Information:
-Stay focused on specific tasks that drive revenue
-Leverages Traction and EOS principles by starting a large 10 year goal, 5 year, 3 year , 1 year, and quarterly goals to help people accountable
-Multifamily assets have more factors to consider compared to single family (market, submarket, and income approach)
-Invest in Education
-Multifamily continues to be strong due to low unemployment, strong job growth, and more renters coming to market
-Affordability continues to be an issue within multifamily
-Increase income AND expenses in your underwriting
-The best deal we have done, is not doing a bad deal
Expert Pro Tip: Be conservative with your underwriting, surround yourself with great peer group, know your capital partner
Contact Information:
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