All Forum Posts by: Dave Molesky

Thanks for all the replies. I am keeping my eyes open for multi units. They are definitely hard to come by. I’ve had had great success with direct mail for single family so I am going to attempt a multi unit campaign. I’ll let everyone know my results.

Has anyone tried direct mail for multiunit owners?

I am interested in large multi family. I just need to get more experience/knowledge in that area. Like everyone says, you most likely won't find a deal you need to make a deal. I don't have any experience so its hard for me to find where I can increase value. 

Yes I would love to start BRRRR'ing. Love the whole idea of that and that is right up my alley so would be the easiest for me to get into. This is where all the BRRRR deals are flips though as I was saying.

As far as the market correction, I feel the same way it seems like one would be coming. However, doesn't it seem like it would be better to purchase the buy and holds once the market crashes? 

I feel like flipping during this hot market and then purchasing buy and holds when the market dumps would be a good idea. Right now it seems we are "buying high" for buy and hold deals.

I am anxious to jump in though. Thanks for all of the responses.

Hello all,

My name is Dave Molesky.

I've been a member on here for a few years, but I don't think I have ever made a post. I love BP and have learned and applied several good pieces of information from this site. I listen to the podcast every week. It definitely keeps me motivated and helps me improve.

I'm a Software Engineer, but I have been flipping homes on the side for about 4 years. Its been going really good and my business is growing every year. I really want to start buying rental properties but the problem I am having is every deal that I run across that would be a good rental is also a good flip. I'm very confident in flipping in my market so its hard to turn down that quick guaranteed money that I know i can make from flipping the property. 

Things are going so good why would I change what I am doing? I can just keep doing more volume. Has anyone ran into this or have any advice? 

The only other thing I can think of is trying to start with larger multifamily for buy and holds.

Thanks,

Dave

Hey all, My name is Dave Molesky. I have been flipping homes in Ohio for about 4 years. My partner has recently moved to Granville. We are looking to expand into that area. We are thinking Newark. We're interested in finding a wholesaler or just meeting other investors in the area. Thanks! Dave