All Forum Posts by: Jose Linares

@Neal Bawa Thank you for your insightful post.  Have you found that schools also play a factor in the vacancies and/or evictions?  Would properties near better ranked schools minimize churn?  I have been using schooldigger.com to identify multifamily properties near better school districts.

Also, as I wrote that last question, wouldn't you want a certain level of turnover to facilitate renovations and increase in rents?

Congrats on the potential first deal @Michael Junior.  @Bjorn Ahlblad was spot on... lead and asbestos are only a concern if you are planning a renovation that will disturb the materials that are positive.  Are you planning a renovation?  Does the seller have a report stating the areas that are positive for lead or asbestos?  

You mentioned remediation.  Is there a mold issue that immediately requires mold remediation and removal of asbestos-containing materials (ACM)?  If that were the case, you would have more ground to negotiate a credit.

Many of the larger property management companies do a market survey where they share info and data on their communities to ensure everyone is consistent with their rents.  May help to get involved in those meetings, if you are in the multifamily space.  Based on some of the platforms they use, they have stated the rents fluctuate almost daily.  

The cost for most of those platforms may not make sense.  I agree with the approach suggested by @Bjorn Ahlblad and @Mike Montana. 

Hi @Mano Chidambaram I will send you a PM.

@Mark Doty are these properties in San Diego or out of state investments?  If they are in San Diego, I can refer you to two contacts that can assist with your questions. 

@Joel Price I will send you a message with some great local contacts.

It was a very well planned and executed conference.  Great networking opportunities and attendance.  

I was in the exhibit hall as a sponsor the entire time, so I was unable attend any breakouts.  However, I heard great reviews on the topics and speakers.

They also held a phenomenal block party in the Gaslamp Quarter.

NAA's "Apartmentalize" conference in San Diego was a blast this year! I am looking forward to the NMHC Annual Meeting Jan 29-31, 2019 in San Diego also.

@Dan Handford what has been your favorite? 

Hurricane Florence is about to strike the Carolinas and then possibly Georgia, according to the latest storm track predictions. With a vast area likely to be affected, BluSky is staging massive resources in Atlanta and Greensboro to support our offices in the Southeast.

I want to be a resource for assistance to any multi-family investors or property managers with communities in the Southeast.  If you have any questions on disaster response or your communities need assistance, please do not hesitate to reach out!  

We help multi-family investors and property managers recover from a disaster and restore cash flow.

@Shawn Couch  Is this single family or multi-family?  I can PM you some recommendations based on the type of property.