All Forum Posts by: Jason Bailey

Thank you, Tyler! I will check them out. I'm running into hurdles finding PM's with experience in the 30-120 unit range, so that is helpful. 

Thank you Drew! I've worked with several property managers and you are sooo correct. There is no one size fits all and fees are definitely not as important as the services they provide. After being burned by a PM before, I also now have an organized list of questions during screening and I review every contract in detail. I'm sure many can benefit from your sound advice. Thank you!

Thanks, Lucia! Yes, my partners and I are in the final round for a 40 unit in the Denton/Dallas area. Also working through a 90 unit in the Indianapolis MSA. I've interviewed a few already, but would love to hear any good manager names that you have to share.

Hello! Does anyone have any reliable property management recommendations for 30-100 unit multifamily properties in the Dallas/Denton, TX area?

Hello! Does anyone have any reliable property management recommendations for 40-130 unit multifamily properties in the Indianapolis, IN area?

Thanks, Brian! Yes, we're working on expanding our key principal base. We have several contacts that are currently locked in their own deals, so timing of our deal has been a factor here. And, yes, we would definitely offer an attractive piece of the deal for guarantorship help, as that would be an expected fee for their help and assumed risk. Appreciate the advice!

Thank you, Greg! Just contacted my lender inquiring about that. We'll see how it goes. If you know of any other ways to establish relationships with key principals, any advice will be much appreciated.

Thank you, again!

Hello! My real estate partners and I are breaking into the larger multifamily space after transitioning from small multifamily deals. We're currently in best and final for a sweet 100 unit real estate syndication acquisition deal in Texas but have run into a road block with bridge-> agency debt financing as our net worth is just shy of the requirements to secure the bridge loan. In cases like this, what creative financing options are available to meet this gap amd structure the deal? Hard money? Partnership for guarantorship? What else? I'd appreciate any feedback from experienced investors. Thank you!

Hello all! My partners and I are breaking into the larger mulifamily space after investing in several smaller multfamily deals over the past few years. Currently, we are in best and final for a 100 unit acquistion in San Antonio. We found out today that we are currently just shy of the net worth requirement for the loan, so we are looking for a partner help fill that net worth gap. If you're interested, contact me at [email protected]. Thanks! Due date for best and final submissions is October 28th.

San Antonio multifmaily purchasing experience is preferred by the seller.

If anyone else is experienced with this process and has any other creative financing ideas, please let me know.  It'll be great to establish partnerships for this deal and for future acquisitions.

Thank you!