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Updated over 4 years ago,
Would like to pay for guidance - taking gut job to multifamily.
Fellow Investors - I am seeking someone who has actual experience taking an abandoned property and turning into a small multifamily (10-12 unit). I have been looking for a property for about 6 months now. I started looking for an existing apartment complex that needed TLC. After working with a highly respected broker in Atlanta who only deals in multifamily, realized there is ZERO inventory. So I decided to switch to looking for just a shell property and create our own multifamily. I switched to another highly respected broker who only deals in commercial property - and quickly found there is ZERO inventory of these buildings either. So I have been hitting the streets, driving and contacting owners directly.
I would like to pay someone who has past experience doing this a fair hourly fee to help be my accountability partner in this - for a weekly check in. I am confident that I will eventually find the right property. The biggest struggle I foresee is that I will need a construction loan. I need to have a really solid business case to secure a loan given my lack of multifamily experience (I have only done SF homes to date).
Location doesn't matter much to me, as long as you are in the US. I am a huge Jim Rohn fan and believe that honing my skills, discipline and being of service are the keys to success. Would love to work with someone who has that same attitude towards life. I know you are out there! Thanks for taking the time to read my post! ...Melissa