All Forum Posts by: Bonnie Staples

Hi Tony - There are many opportunities out there - my answer is initially NO - you are adding extra risk for yourself & possible investors.  There are times when a area "had" bad stats - yet the area has improved and is on it's way up - City is investing $$ back into the communities and you see changes and the stats are confirming the positive changes -- then that "may" be something to take a look at - but again only if you have previous experience and you have a Property Management Company that has experience in the area.

I hope this is helpful -

Hi everyone - I just got on line and I am seeing my name written several times -

# @Jason V.  I was just trying to be helpful and when one person asked where I would refer him to - I did not want to post public - as not to be in compliance with BP rules -

#2 @Mike Dymski - Thank you yes - I was just trying to be helpful and work within the protocol (no hidden agenda)

#3 Jason - I am not Paid by the mentoring company - I am a student and the training worked for me and my family.

I hope everyone found the Educational Content helpful

hmmm  - I would love to share our Model!!

Hi Chibuzor each out to me personally and I will be glad to share  BP seems to not like us to post info - but I'm glad to share reach out personally

Hi Marcus - Texas is a FABULOUS place to invest - and only a quick airline flight away - and if you have a 3RD party property management company running the property for you -you can do both - INVEST WHERE YOU ARE - or INVEST WHERE YOU BELIEVE IT IS PROFITABLE!! See my home page - My husband and I are in TEXAS & we believe we are among THE BEST OF THE BEST - with investors and sponsors in TEXAS and OTHER states for Multifamily investing - - DO NOT hesitate reach out - We want to give back and help other succeed as we have been given the opportunity to do!!

One simple answer "Economies of Scale"

If you own 4 SF (which I do) for the same investment that I own 400 MF units ... well that's a pretty easy formula.

Next event is in March - it changed our lives - reach out should you want more info.

Hi John, if you have access to Co-Star or ALN Research - they can help you TREMENDOUSLY - to estimate the 'AVERAGES' in the particular submarket for the expenses - Another great resource is property management companies - as they have experience in these areas and especially in the submarkets - Also - if you are ever considering a MF Complex you should also be able to ask the Selling Broker / or Seller for the T12 - Or Trailing 12 month financials - which should give you a history of the property itself - If you ever make it to Texas I have a great seminar to referr you too - - I hope you find this helpful - if so please VOTE - Good luck to you - MF is much better than SF - I've done both - Best to you!!

HI #Christopher McFadden - I have found it very helpful to as Brokers for PM recommendations.

Best to you!!!

EXCELLENT COUNCIL Marc C!! 

NOOOOoooooo - be sure to consider mandatory HOA fees

Just my opinion...