All Forum Posts by: Cassandra Sifford

@Shawn Kostoff  Congrats on the deal!  If you get any other MF under contract please let me know ...Thank you!!!

@Katie Miller Hi!! My partner and I are chasing this portfolio of 13 duplexes. They're in the path of progress in our city and would be a huge win for us. I contacted the listing agent and he told me they were off the market. My partner contacted the owner directly on his cell and he's willing to hear us out! Looking forward to spending more time with my kids and going to volunteer at my sons school (book fairs, kiddie plays, etc.) when financial freedom finally hits... AND ITS GONNA HIT BIG 🙏🏾🙏🏾🙏🏾

Hi @Courtney James!!! My partner and I connected with our mentor back in October at a mastermind group in Philly.  We live in DE, which isn't too far from Philadelphia, but it's a different market.  We do weekly calls with our mentor and he gives us assignments to work on.  We report back weekly and he gives us nuggets and tips to help us close the learning gap into MF investing.  We've picked markets to research while still working within our own market for deals to get into.  I've located three deals so far that could cash flow well for us ... a portfolio of 13 duplexes, a 8 unit and a 5 unit.  I have a SF property and my partner is fairly new to things.  He's looking to get us into some deals that he's doing, but we haven't gotten there as of yet.  Not sure how those types of deals would even be structured, but we're hopeful!

Hi @Julia Bublitz and welcome to the club!!!  I, like @Ibrahim Hughes use social media as my last form of contact.  I'll find their information on the county parcel site, skip trace them using Whitepages.com or truepeoplesearch.com and simply ask them if they're interested in accepting an offer on the property.  If no one answers a leave a message, then wait a day to see if they call me back.  If no one calls me back, I send a letter to their current address, then follow up in another week with a call.  I've only door knocked properties that I'm REALLY interested in or that are on the sheriff sale list and I need to get a definite yes or no.  I wouldn't see social media as harassment if someone did it to me, but it seems more bold when I do that and door knock to get in contact with them.

Well wishes ... Cassandra

@Taylor L.  I've set my 2020 goals and in 90 days I've set out to make solid connections with at least 5 brokers for off market deals.  I've connected with a few hard money teams and am analyzing deals daily.  I can only do but so much as I work a 9-5, but not for long!

@Mark Gliebe  Thank you for your insight on the Midwest!  I'm reaching out today to connect with a committee in Nashville to get some insight on where their investment dollars are going to and that will be the start of my research for the market.  Why are you interested in that TN market ... entertainment, job growth, deep rooted businesses?

@Caleb Brown  Thank you for stopping in to chat!  I'm still local, but doing research for now.  I'm hopeful to buy my 1st multifamily in the next 90 days.  If it's OOS or local, I'm ready for the challenge! 

@Taylor L.  GREAT boots on the ground is essential to having an OOS property.  I've been working on making connections with various brokers in different markets for the insight aspect.  I'm early in the education of market research, but feel I'm in a good direction.

@Avery Carl  Thank you for popping in to say hi :)  With your markets in TN, what legs do they stand on to make the market profitable and a great investment for you?  Are they SF, MF, condos?

@Jonathan Greene  It's probably a bad idea because you don't know what a development committee is (since you asked).  In DE they're called a planning and development committee.  I've been in contact with a city planners, license & inspection and the director of the city committee.  They give their thoughts and figures of where things are headed.  It's their job to let you know what's happening in the city for revitalization and where the path of progress is in where city funding is going.  It's not to give me information on the best areas to invest near them.  I bring value in buying these properties so there aren't as many boarded up homes in neighborhoods that are in the revitalization path.

@Taylor L.  Thank you so much for responding!  The outskirts of Nashville are on my market research list.  I haven't given up on Northern DE, I'm just looking into different markets as multifamily units seem to be held very closely.  These owners aren't giving them up easily.

@Rob Bergeron  Thank you for your input!  My partner has Cincinnati, OH on his list to research.  Our mentor told us don't sleep on the midwest LOL  We'll have to do some further research as time goes on.

@Mike D'Arrigo Thank you and I appreciate your insight!  We're looking for at least three areas that are going to drive these particular markets that includes job growth that can help population increase, gov't planning, various entertainment to bring in revenue, technological advancements (just to name a few).  Hope to connect :)

@Dan H.  Thank you for you response!  I too find that being able to drive to my properties is best.  DE has more SF inventory than MF and that's why we're interested in researching other markets.  We're making connections with local brokers, realtors and have connected with our local wealth league for more networking potential.

@Aaron K. Hola! I'm not missing the point.  I was simply asking what areas people are investing in.  My partner and I listen to podcasts, read articles/books, contact development committees for paths of progress, requested info on building permits, etc. and have various friends / family across the country to inquire about how things are looking in their neighborhoods.  We're fairly new so researching different areas and making connections is apart of our growth.

@Jonathan Greene Hello!!  I'm in DE, but there aren't a lot of small multifamily opportunities.  The ones that are here are being kept.  Our concentration are smaller units for now.  He didn't send us to sit at a computer and scroll through lists.  He told us to reach out to development committees and see what's happening in their area and ask various questions for evidence of potential investing markets.  

Hello BP fam!!!  I've been working with a mentor and he's tasked my partner and I with doing market research on areas to invest in for multifamily properties.  I found a list of top RE markets to invest in through 2020 on one of my favorite IG pages, but was wondering what areas our community are investing in with good cashflow / returns and what areas you're looking forward to investing in in the coming year.

Any input is greatly appreciated and anticipated :)

HAPPY HOLIDAYS BP ... Cassandra

@Andrew Ashby I like that low key snoop lol  I'll try it when my property comes up to a year.  I've been coming in every three months to replace the air filter, but that only allows me to see what's going on downstairs.