All Forum Posts by: John Fabros

For my 3-unit I currently use Rental Partners and Centerbeam Construction which are run by the same person. Fee structure for property management is pretty standard (1 mos rent, fixed lease renewal fee), though a flat fee of $99 for over $1,000 rent is nice. Only had them about 2 years now but satisfied.

I'm interested, please email me with more info and the arrangement you have in mind.

Looking for cash flowing off-market 2-4 unit residential or small (<$500k) mixed-use CRO properties  in the Jacksonville metro area. Open to properties needing light reno. Solid financials but would prefer leveraged returns. 

Would like more info please

This is very interesting to me. Looking to expand my horizons beyond buy and holds...

How do you find these off-MLS multi-family brokerages? Networking?

When I was living in Jax a couple years ago, Springfield seemed a long way off from appreciating like Riverside/Avondale had with Murray Hill looking like the most likely next growth neighborhood. How do things look these days? Looking at a CRO mixed-use property with fairly weak current cash flow on paper, but a moderate price cut and a positive outlook on rent and lease growth would  make it a lot more appealing. This would be my first foray into non-residential investment and I'm anxious that I may be trying to swallow too big a fish. 

Wow looks fantastic and inspiring to boot. You absolutely earned all the positive comments on this thread.

What's the multifamily market like in the area? Listings are pretty sparse on MRIS and LoopNet. Looking for a market driving distance to DC to invest in.