In this engaging episode, Charles Dobens and Robert Damigella explore the fascinating world of real estate finance. Bob, with over 30 years of experience and $3 billion in debt and equity under his belt, reveals the intricacies of his day job as the Head of Capital Markets for Marcus and Millichap in New England. From surviving the aftermath of the 09 crash to creating a program that teaches new investors the ropes, Bob shares valuable insights and lessons.

Discover how Bob and Charles simplify concepts like debt, equity, and the capital stack, making real estate financing accessible to all. Uncover the secrets of financing commercial real estate and a glimpse into the cutting-edge investment opportunities of the 2024 real estate market.

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From the 09 Crash to Financial Mastery with Robert Damigella 

In this podcast episode, Charles Dobens introduces his friend Bob Damigella, an expert in finance and real estate with over 30 years of experience. Bob discusses his background, including facing challenges during the 2009 crash, and highlights the importance of navigating the debt and equity aspects of multifamily investing.

Bob has developed a program called Finance Insider to teach new investors how to handle debt and equity effectively. He emphasizes the significance of understanding the entire financing process, from finding deals to structuring the capital stack. The program aims to share Bob's expertise and help aspiring investors gain the skills and knowledge needed for success in the multifamily investing landscape.

Bob shares insights into his course, which goes beyond underwriting and focuses on practical aspects of dealing with lenders and syndicates. He shares a personal story about a deal in Rhode Island where they created a million dollars in net worth without using their own money.

The discussion emphasizes the significance of being able to put together the entire package from sourcing deals to managing them successfully. Additionally, they discuss the structure of a specific deal, highlighting a 6% preferred return for investors, the 80-20 split, and the flexibility of deal structures based on market conditions and property performance. This episode also addresses the importance of networking and building relationships with investors for successful syndication.

Bob shares insights into his program, which includes a 10-module, six-week course covering various aspects of real estate finance, live sessions with lenders, underwriting, syndication, and practical examples from his own deals. He introduces the Finance Club, providing ongoing support and opportunities for members to present their deals for expert feedback.

Overall, the episode offers valuable information for investors looking to enhance their understanding of multifamily financing and learn from Bob's extensive experience in the field.

Check out Charles' MultifamilyOS™ Business Builder Program HERE

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