All Forum Posts by: Alesandro Breguez

Hi Everyone, 

I know this is an old post, but I wonder if the companies mentioned are still in business?

@Rebecca Dailey, we met a few years ago, I would be glad to reconnect to learn more about your services.

@Ronan Donnelly, @Salvatore Lentini, @Kevin D.

I am reviving this old post and I assume you collected a significant amount of experience in the area since then. Would you be willing to share your experience, in particular:

1. Which specific areas in Scranton-WB would you recommend?

2. Do you have any experience in partnering with other investors, specifically JVs?

3. How do you source your deals?

I've been expanding my portfolio to that area and actively looking for JV collaborations as I don't have the bandwidth to run the operations.

@Chris K., @Jim Stevenson,

I know I am reviving an old post here, but I have been looking into the Scranton-WB area. What are the areas you recommend based on current market?

@Travis Wylie, @Beck Joyner, @Eric Drum

Thanks for sharing your experience in Harrisburg. I wonder how its market compares to other low-priced / affordable markets such as Scranton? 

What are the key market drivers, cap rates and potential appreciation upsides?

@Brad Glenn

@Eli Qureshi

@Malcolm Woolfork

I know this is an old post, but I wonder how your experience with Harrisburg is?

I have a portfolio in the Poconos and Scranton, looking for new markets and potential JV parters.

@Antonio Chelala, @Eliott Elias, im not an attorney but based on my limited experience here a few insights and thoughts:

1. JV formation: you dont need necessarily a LLC, you can form a JV partnership for each specific deal. The downside risks of the shared LLC is that you will be exposed to the liabilities of your partner, so it's important to know well the other party.

2. Financing: this connects to (1) above, is the shared LLC is taking the loan, both will be grantors and liable for the default. This might put you in a risky situation. Some JV regulates that the funding partner hold the mortgage and title.

I know this is an old post, but I have been working on a joint venture agreement. Feel free to connect in case you want to exchange

@Brett Sprau, you are on the right platform for real estate!

I have a portfolio of units in the Scranton/WB area as well as in the Poconos. Due to my time restriction with other ventures, ive been exploring JV opportunities in real estate. Glad to connect and exchange

thanks @Kate Daye Ruane! just sent you an email

@Sarah Kensinger, the conflict of interest in hiring a company to do it as they wouldn't care about the profitability of the deal. Thats the reason that profit-sharing partnerships provide an incentive for the operating partner to stay within budget and timelines