Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Albert M.

Albert M. has started 8 posts and replied 22 times.

Post: Seasoned/1st-Tm Investors Take Notice: 4Unit Apt Bldng near UCONN

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Seller has owned the property for nearly 3 years, and it has performed very well. Seller is looking to sell the property at this time because it is located quite a distance from seller, and seller believes that another owner/investor could do a better job overseeing this investment property.

Property Highlights:

**  Cash flow from property is very good: over $2K+ per month

** Cash-on-Cash ROI of 10+%

**  Cap Rate of 10+%

**  Internet and heat are currently included: not charged to tenants so additional potential revenue sources exist here.

**  Property is located close to UConn (Storrs, CT) so prospective tenant population is strong.

**  Seller-financing offered (see Sales/Purchase terms below)

**  Attractive opportunity for Seasoned or 1st Time Investor

**  Photo images available here in Dropbox folder:   Dropbox Folder to Property Images

Sales/Purchase Terms:

**  Sales Price: $185K

**  Buyer Brings: $50K

**  Owner Finances the remaining $135K.

If interested, please e-mail at [email protected] or call (860) 255-8331.

If calling and you don't get thru, please leave a voice-mail and we'll call back ASAP.

Only serious Buyer inquiries, please.

Thank you for your consideration.

AM

Post: Equity partners sought: Attractive 100+ unit deal in Houston, TX

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Hello again, everyone. Hope all are well.

I wanted to present an attractive deal to the forum:

It involves the purchase of a 100+ unit opportunity located in Houston, TX, which was found off-market through network connections.

NOTE:

It should be clarified that the property was not affected by Hurricane Harvey at all .... the complex is located in INLAND Houston, is situated in an elevated area, and thus suffered no property damage nor tenant loss.

This Houston project presents a number of value plays including underpriced rents, unit updates that have been deferred, and the current owner’s desire to move on.

The principals presenting this opportunity are seasoned investors with a strong track record of multifamily acquisitions. As the principals live in close proximity to the property, they will oversee the improvements made to the property and will facilitate the transition to an experienced property management firm that will address day-to-day maintenance & leasing activities.

For your information, a link to a video that presents a recent walk-through of the property is included here:

https://www.youtube.com/watch?v=KiAcT8EvX10&featur...

**  Should the above link not work, please let us know and we'll e-mail you this link.

If you are interested in getting involved in this strong investment opportunity, please contact either of the individuals below and we will follow up with you:

1. Josh W. (Principal)

[email protected]

www.threepillarscapitalgroup.com

(407) 446-1056

2. Albert M.

[email protected]

(954) 399-7260

Thank you for your consideration & best with all.

~ Al M.

Post: Today - at age 24 - I "retired". Here's how I did it.

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Just wanted to pass along a note of congratulations to you, Filipe.  Speaking with dynamite RE broker/agent Rick Santasiere at the beginning of the year, he noted that "this kid" [no disrespect, but you’re very young; God bless you :-) ] "was going places" and clearly you’re paving a road to a nice future ahead of you.  To your continued success.  See you at a future Manchester (CT) Meetup.

Post: Central Connecticut REI January Meet Up, Manchester, CT

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Good afternoon and Happy New Year's 2017, everyone!

Many thanks for the reminder, Jacob.

I hope to be there/attend.

~ Al M.

Post: Central Connecticut REI November Meet Up, Manchester, CT 11/15/16

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Good afternoon, Jacob et. al.

Please count me in for attendance tomorrow eve.

BTW, could you do me a favor & add me to this distribution

group/list moving forward so I am alerted of future events?

Thank you & see y'all mañana.

~  Al

Post: Announcing Investment Opportunity in Atlanta, GA MSA

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Hello, everyone.

Hope you are enjoying your summer.

I want to present this lucrative opportunity to the Marketplace forum.

It involves a 32-unit apartment complex located in the Atlanta, GA MSA.

The deal is currently UNDER CONTRACT and the management team is 

currently seeking debt partners for a short term (24 months).

The team is comprised of seasoned investors with a solid track record

of multifamily acquisitions.  A certified property management team is 

also in place.  

If you are interested in learning more about this promising investment

opportunity, please contact either of the folks below and we can share

the details;

1.   Lisa M.

(347) 782-2569

[email protected]

2.  Albert M.

[email protected]

Thank you for your consideration & best with all.

Sincerely,

Lisa Mangroo

Nia Property Solutions

(e)  [email protected]

(c)  (347) 782-2569

Post: Equity partner(s) sought for 32-unit opportunity in Atlanta MSA

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Hi there, everyone.  Hope all is well.

I wanted to present this attractive deal to the Marketplace forum.

It involves a 32-unit apartment complex located near Atlanta, GA.

The deal is UNDER CONTRACT and the team is currently seeking equity partners. The management team is comprised of seasoned investors with a solid track record of multifamily acquisitions. An experienced property management team is also in place.

PLEASE NOTE that at this time we are only looking to work with Accredited Investors on this project.

If you qualify as an Accredited Investor and are interested in learning more about this strong investment opportunity, please contact either of the folks below and we can share the details:

1.  Lisa M.

     (347) 782-2569

     [email protected]

2.  Albert M.

     [email protected]

Thank you for your consideration & best with all.

~ Al M.

Post: Looking for Investors for a 671 Unit Multi-Family Portfolio

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

John, good afternoon.  

I'd be interested in learning about this property. How would I go about obtaining the financials (T3, T12, and latest rent roll)?

Please advise at your earliest.  

Thank you.

~  Al  ([email protected])

Post: Researching Markets, MSAs & Neighbrhds - Good website suggestns?

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Hi there, Hattie.

Many thanks for this suggestion.  Believe it or not, I actually spoke with a CA investor on Monday who referenced the same Texas A&M website that you did.   Go figure.  He considered it to be a "hidden gem" resource, and it looks like you had discovered this for yourself as well.  

Well, again, thanks for sharing ... I will definitely be referencing this website more and more for the information my team and I are looking for.

Take there & best with all.

~  Al M.

Post: Researching Markets, MSAs & Neighbrhds - Good website suggestns?

Albert M.Posted
  • Investor
  • Bristol, CT
  • Posts 28
  • Votes 4

Hi there, folks.   Happy Holidays.

My team and I are compiling a list of websites and data sources that we can turn to to determine whether a particular market / MSA (Metropolitan Statistical Area) is worth investing in.  We're focused primarly on the areas of job growth, population growth, and the vibe of the larger/main neighborhoods within the cities.

Our target asset are multifamily/apartment buildings with 50 units or more.

Some websites that we've seen mentioned in the BP forums include the following:

1) www.siteselection.com
2) www.city-data.com
3) http://www.bls.gov/eag/
4) http://redcapitalgroup.com/lending-research/market....
5) http://www.bizjournals.com/news/
6) http://www.multifamilyexecutive.com/

7)  www.forbes.com

NOTE:   Giving credit here Nicolas Paez from Dallas, TX for referencing sites 3) thru 6) above in reply to another investor's posting.   Thanks, Nicolas.

Wanted to know if anyone could suggest other good websites that they've consulted/referred to when assessing good/strong national markets?

Thanks - in advance - for any info you can share.

Regards,

~  Al M.