All Forum Posts by: Adrian Stamer

As Billy Smith suggested.. Be careful of the students damaging your property. My mother works maintenance at UMass in the dorms and she says those kids make a flipping mess despite threats of being written up or fined. Though, I have a friend who rents a multi exclusively to students and she has little problems. She rents primarily to girls, has an ironclad rental agreement signed, takes a large security deposit and visits the building often. So it's a good strategy just take every precaution. If you are offering a clean, safe place for the students to live that their parents feel good about you should have no problem keeping it occupied.

When mom and pop head for an investment.. its time to get out!

i was a stockbroker in the late 90's when everyone was buying internet stocks, taking 2nd mortgages to get cash to invest so they didn't miss the run.. we know how that turned out. 15 years later the NASDAQ just hit 5k again....

My opinion is the Class b- and C multi fam investors will be the ones that will feel it the most in the next correction. You can put lipstick on a pig, but at the end of the day, its still a pig

 To the investor I am talking about "appreciation" would be the least inviting of the benefits I listed. The more you can see, the farther you can go. I gave you some very profitable information if you can mine it. 

Appreciation means nothing if you never plan on selling the property.

Growing up I met a lot of millionaires that  people laughed at, because of the jobs they had and the vehicles they drove and the way they dressed. They never could see that these people could have bought and sold them.