All Forum Posts by: Bruna Correa

Hello ! I use the MFM but I am looking to learn new tools!

I am curious... which underwriting tool do you use and what you like about it?

I use the MFM and it was the first one I had exposure with, looking to learn other UW tools.

I would be interested to buy :) But, in order to answer your question, I would never do a 4 years lease, I would get more information with the section 8 program to see how they could reassess what they call "fair rent" and also check in your state about laws on increasing rent ( for example in Ny you have a % to increase rents, but I doubted this would be an issue in Fl). I also wouldn't raise rents +800 at once, that would be a big hit for your tenant, I would increase in small amounts until it is close to the expected rent. ( just remember market rent and the rent for a voucher can be slightly different). Hope it helps!

Hello! My team and I are looking to some deals in Kansas/Missouri area ( looking between 20-100 units). We do JVs with investors as well as syndication and Kansas is our new market. We already our team in place but we are always looking to connect with PMs, investors, owners, vendors, contractors in the area to see how we can benefit with with each other! If you invest or have any service in the area I would love to connect with you! 

Each person has your own criteria to buy properties. Some of them buy for appreciation, other for tax benefits, others to do a medium/short term, or their rehab costs are different from yours. I would say keep following how much these properties sell for, for stick to the numbers you are comfortable. The fear of missing something can make us second guess ourselves, but I feel that specially in the beginning you don't want to overpay the property you are investing on.

Hi guys where are you seated ?