All Forum Posts by: Gary Dobbs

@wendell de guzman I am planning to buy an existing building in an area near the perimeter of low-medium density of a desirable area.

@carolina e Thank you! What types, classes, and markets move you in Chicago real estate?

@ryan steele The sweet spot for me is $2m to $10m. Class B & C properties.

Your profile picture is on the Kinzie Street bridge. I walk across there every morning.

Hello BP commnity!

My name is Gary Dobbs and I am here to learn more about the investment management business of multifamily buildings. Experience working in brokerage and architecture services has drawn a desire from me to become a greater influencer of this property type. Join me and help shape my contributions to what will be offered as a choice in apartment living.

Welcome Garold Radke! From what I've gathered in under 2 weeks, you'll find straightforward questions, comments, posts, and shared information on BP. Learning with a community is really helpful while getting out there in a demanding customer service-based business like Multifamily services.

James H. I agree. It seems knowing who your tenant pool is important, and accomodating them the best you can will make out a happier arrangement for the community. How do you classify your tenants? Is it by annual income level or work history?

Thanks for sharing this information about your deals.

What areas in Chicago do you come up with 3-4 unit purchases for about $150k?
Which class of properties are you buying?
Are you buying with them vacant or to be vacant, them raising rents with new tenants?
Who screens the tenants you lease to?

I'd like to see some of these properties and their neighborhoods. Will you share the adress?

I am planning to invest in Class C multifamily properties that are in Class B neighborhoods, and meet other investors to partner with. My education and experience is all-in real estate.

Where do you like to invest?

Thanks again for making the post!

@ezinwanne hawkins Congratulations!

Real estate guru's have been replaced in the information age … Now there is quality programming on HGTV, DIY and others that provide a good look at part of the picture to consider when investing in Real Estate.