All Forum Posts by: Jide Alufa

😂 Hey @Jonathan Child , from all my study, people advocate getting a c class property you can value add, are you saying this isn’t a good idea? What has been your experience

@Bjorik Mutize That makes total sense. Do you own MFH units?

Thanks @Account Closed i want to build at least a $7k/mo passive cash flow. so thinking MFH is the fastest and best way to do that. 

@Account Closed Thanks for your response. my question to that would be,how did you determine which market was right for MF vs SFH investing?

Hey, @Justin Kane you're correct that the more doors the more money. but due to having many doors, there are general expenses that increase there by decreasing cash flow. for instance. 

Do you find that expenses are usually 50-60 of income?

Hey, im looking to start investing in multifamily and buy and hold. I've wholesaled for a few years and have been part of a 33 unit acquisition that didn't pan out in the end. My mentor says you can get more cash flow and liquidity with SFH vs Multifamily, since brokers seem to want a certain cap rate on sales accross a geographic area vs when working with SFH sellers, they're more flexible and motivated based on individual needs.

What are your thoughts on buying SFH vs Multifamily?

I want to get the most cash flow possible to quit my 9-5