All Forum Posts by: Jamie Banks

Hi All!

I’m a newish investor and I’m leaving my W2 job next week. Because of that, my goal is to learn all I can about creative financing since I won’t qualify for conventional loans for awhile. I met my mentor, Nayia, through the GRID community and I wanted to share the webinar that I attended last week. She’s also running a course that teachers investors, realtors, etc. how to find, negotiate, and close on deals through subject to, seller financing, and other creative methods. Here’s the link in case anyone is interested!

https://valueamplifier.us/webinar-delivery

Hi Adam, are you still looking? I may be a great fit for this position. I have ~5 years in commercial real estate experience through working at a commercial bank and a real estate investment management company. However, I've started investing in real estate on the side and am transitioning to full time REI soon. Would you be open to having a conversation to see if we could potentially work together?

Hi Michelle, would you be open to having a virtual property manager? Based on the size of your home I think using it as a medium term rental to insurance clients would be the best fit if traditional short term rentals aren’t working. 

Hi Stacey, I’m in the process of getting a unit set up with them as well. I’d be happy to connect and compare notes. Which market are you in?

 Hi Michael,

I currently work in commercial real estate valuations and I evaluate a portfolio of ~40 assets quarterly. Typically lenders will look at actuals and forecast a F-12 (forward 12) based on market rent growth, vacancy, bad debt, and market info, and use a market cap rate once the F-12 NOI is obtained. I think a 5% cap rate is low for a smaller multifamily. For context, the assets I'm evaluating are trading at 5 or 5.25% caps but they're 100+ units. If you want me to take a look and help you come up with a valuation shoot me a DM!

Hi Abad,

I’ve been a commercial asset and portfolio manager for 5 years and I’m looking to transition to freelance asset management work. I’d love for the chance to work together, send me a message if you’d like to discuss!