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Updated almost 2 years ago on . Most recent reply
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Mid Michigan multifamily mentor
Hello investing world!
I have had some success in single family and realize what a life changing venture real estate can be. Now that I've built up a nice chunk of equity, I'd like to make the move into multifamily. But just as I've found single family investing needs successful mentorship, the multifamily space does to a much higher level!
I'd like to connect with an experienced MF guy or gal to learn some of the best practices. If you enjoy sharing knowledge and experiences, please let me know and I'd love to sit down over coffee and get to know you and hear all about your story.
I'm in Fenton, invest in surrounding areas.
Thanks in advance!!
Chad
Most Popular Reply
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Thanks Joel!
Since the original posting, I've brought on a consultant to walk me through my first few deals in the multi-family playground. I now feel confident knowing that an all-star RE investor will fly to my town and go with me through due diligence. It has been a great experience and I've met alot of great people. Seems RE investing attract mostly good hearted people.
I'm currently looking at deals in about a 2hr radius of where I live. I'm looking for a property up to about 150 units. I, of course, will have a few key principals sign on the loan with me, but I will me managing rehab, the manager and establishing the vision for the property. This is the exciting part of the business that I'd prefer to do.
Would love to hear about your deal and how it turned out, how was financing, due diligence with a multi, all of the juicy details!
Take care Joel.
Chad