All Forum Posts by: David D'Ambrosio

@Tom Ott Do you do turnkey apartment buildings? I use turnkey for SFH but haven't seen this for turnkeys. I don't think it really lends itself to turnkey

thanks for the advice @Mary F.

thanks for all the replies everyone. Thanks for the welcomes as well but I'm not new to BP ;).   @Michael Lee I have used turnkey providers to buy sfh but I'm unaware of any that specialize in multi family 

@Brian Burke  thanks for the input and advice.  I'm definitely gonna look into your company.  What you mention about return on equity being poor on a long term hold, I would like to see a cash out refinance event which would return some if not all of my capital but still have the investment paying me.  Then I would rinse and repeat. I guess that's what I meant about not selling in five years.  The self serving components for the sponsor profit taking I had not realized.  Great advice  thanks 

Thanks @Craig CurelopI invest in debt through realty shares but really don't want a middle man between me and the capital company i would be investing with for a long term hold. 

I currently own SFHs but want to try to get into the multifamily space in the next few years.  I have done a fair amount of research and realize I don't have the drive nor time to be in on my own. I work full time and I am an accredited investor, so it seems being an investor in a syndication makes sense for me.  Does anyone have any advice on people or firms to look at?  Im specifically looking to invest for long term cashflow, so Id like to partner with someone who in interested in doing a value add play but whose intention is to hold long term.  It seems to me that a lot of syndications are looking to go in, add value, and sell out after a hold time.  I want to be a long term owner getting cashflow longterm, similar to my philosophies with single family holds.  Thanks

I've had a good experience with PARC properties. I've written about my experience with them on here in a few places if you search my posts

have you been involved with multi family syndications with them? @Joseph Barbaretta

I was interested to see if anyone has invested with the DeRosa group. In what capacity, what type of deal and how the experience has been

I was referred to them by a friend who invested with them and also had a good experience