All Forum Posts by: Dennis Yosco

Hey BP

I’m looking for an accountability partner. I’d like to find someone who is looking to be motivated and to motivate me to being better overall.

I’m looking for someone in New Jersey preferably or on the east coast at minimum so our time zones match up. This isn’t an end all though. I wake everyday at 4:45 am and I’d like for someone my partner to do the same or close to it so we can keep each other in check.

If not just one person we can make our own group of people who all want to motivate each other and lift each other up. We can mastermind together and build a group to help us all achieve at our highest levels.

Please reach out to me and let’s help each other grow!

@Jeffrey S Helms

I’ve always loved this idea. One day I would love to get to this. I know locally some hotels that don’t perform. I should consider making an offer and seeing where it gets me.

@Adam Bielous

I’m in northern nj. Looking to do syndication as well. Let me know how you make out.

Im going to be starting a meet up soon. I’ll keep you posted.

@Rick Martin

Thank you, I try to get fully invested in something when I find it. I really want this work and this is the path I want my life to go to. I just want to learn from an experienced individual because they’ve made the mistakes I’m trying to avoid.

Im working with partners now to do some flips. I can honestly say that the way I think a person is going to be when you partner vs they way they actually are is starkly different. When you expect someone to perform as you do but then they add no value it really defeats you. Im going to step away from that and go into syndicating. I’ll let them do the flips.

@Evan Polaski

I’m going to head to some meet ups next. I’m also going to start my own.

The small building I’m working on is more of getting a group of friends together to buy and rehab a small building. I call it a mini syndication but in all honesty it’s just purchasing a building.

@Jp Kilduff

How would I do that second skip. I believe I’ve found the owner. I’ve mailed all addresses associated with her. I got a phone call telling me the person doesn’t live there so that’s not the right address.

@Taylor L.

Fantastic info. I’m going to reach out to a bunch this week and find one I like.

@Eric Giovannucci

Tell me a little about it. Is it in a path of progress? Are there existing buildings that need to be updated? Do rents typically support a note?

What is happening in that area that would entice someone to move there or rent there.

@Charles Seaman

A little of both. I’m diving head first into this and I want to make sure it’s right. I’ve done single family flips a small multi and I just am not a fan of the smallness of it all. One small home takes up so much of my time. I’d rather tackle one building in that time.

I’m really looking for someone who would be willing to help me learn or maybe if I can work with them to learn. I have no problem taking the backseat of a deal I started to set up if it helps me learn.

Preferable id love to be local to that person but it’s not a must. I know most of the deals are done out of state so i can work remotely with them.

Hey BP

I’m looking to get into syndication and working with larger multi family units. I have a real passion for this niche in real estate investing. I’d love to find someone local to me, northern NJ, who is looking to work with someone.

I've started by doing some market research in a few areas. I hired a VA to do some data entry for me and skip trace owners. I have a few lists of 100-200 apartment complexes with units from 10 and up. I'm looking for emerging markets as well as markets local to me.

My next step will be to break down those lists to find at least 50 subject properties that have potential. After I’ve done that I’m going to reach out to local brokers to that area and see if anyone knows the owners of those places. Or I’ll directly call the owners if I have their information.

I have a bunch of people with cash ready to go. I can easily source 500-1.5m in cash from sophisticated investors and accredited investors I know directly. I’ve read multiple books on the subject and I’m trying to learn as much as I can. The thing I really need is real life experience.

I’m trying to do a mini syndication on a 9 unit building with a value add. I put an offer in already and reach out to some investors. I have 600k secured ready to go if the offer goes through. I have a property manager who can get it rented and manage it for 7%. This property is in an emerging market that’s next to an established market. It’s a block from the beach and can be rented as a vacation rental even, but I don’t want to do that.