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Updated almost 9 years ago on . Most recent reply
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Newbie Real Estate Investor Maryland
Hello BP,
I am a real estate investor and real estate agent in Montgomery County, MD. I am seeking to purchase multi-family properties, 2 to 4 initially objective to acquire by mid-year 2016 snd move from 2 to 4 units to larger multi family properties including apartments in 2017. I an interested in learning how to secure financing, how to assemble the right team, exit strategy, successful property management and networking and learning from investors.
Areas I currently service as a real estate agent, Montgomery County, Howard County, Prince George County, Anne Arundel County, Baltimore County/City.
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- Rockland, MA
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Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info. Here you will meet wholesalers who provide deals and rehabbers (cash buyers). Find them through Google and meetup.com Build your team through people you meet and get referrals.
Go to IREM.org search for ARM certified property managers. Call 5 ask them what they see expenses running per category per unit. What do they see them selling for per unit, what is the market occupancy rate. What are the market rents? Ask them if they know anything coming up for sale. Great way to pick up some good info and possibly a deal.
You can also search NARPM.org for the RMP (Residential Management Professional) and MPM (Master Property Manager) certified.
Download BP's newest book here some good due diligence in Chapter 10 and what happens at a REIA meeting. Real Estate Rewind Starting over
Good Luck
Paul
Paul