In today’s episode, Levi Allen connects with us to share how he got into multifamily despite being part of a family that owns farmland, his investing skills that contributed to his quick growth as an investor, and valuable advice for aspiring and seasoned investors navigating the current market conditions.

Furthermore, Levi shares his perspectives on the impact of lower interest rates and emphasizes the significance of cultivating strong relationships with brokers. Gain deeper insights by tuning in to this insightful conversation!

Key Points & Relevant Topics

• How Levi started in multifamily despite his family’s exposure to farming and agriculture
• Finding a good broker in today’s market
• Ways for brokers to take your intentions seriously as a buyer
• Levi’s insights on scaling faster, getting large deals, and the risks that come with it
• Differences between lead GP and co-GP
• Advantages of being a lead GP in terms of raising capital
• What investors can expect in the present and future of the real estate market
• The state of the multifamily market in 2024 and the decreasing interest rates

Resources & Links
Apartment Syndication Due Diligence Checklist for Passive Investor

About Levi Allen

Levi Allen is the Principal of Wealth Creation Asset Management, a real estate investment company that acquires and develops residential multifamily properties. Levi studied Business at BYU- Idaho in 2012-2013 and 2015-2017 after returning home from a 2-year Church mission in Peru.  

He acquired his first property in 2012 and immediately developed a passion for the real estate industry. Levi has focused full-time on rental housing. He takes pride in his ability to identify opportunities, execute on his vision for the property, maximizing profitability and ultimately, delivering above average returns for his investors. 

As a principal, Levi has owned, and asset managed over $100 million in assets consisting over over 600 units. In addition to multi-family acquisitions and development, Levi’s family, the Allen Family owns over 13,000 acres of farm and ranchland in eastern Oregon.

—