All Forum Posts by: Kranthi Dudam

Thank you @Nina Hayden

@Paul Moore - great to hear from you! 

I'll call you and discuss about my near investments.Thank you and as always, really value your opinion & guidance.

Currently Class A Office spaces and Medium size (40-60 units) Multifamilies, not in Texas.

Thank you @Charles Kao for your insight. Would you happen to know any good GPs that specialize in Austin market?

Hello guys,

We are investors based in DC Metro and primarily focus on Multifamily, Self Storage & MHP. We are seriously considering Austin market and would like to invest in the very near term. To maximize the economies of scale, we would prefer a medium to large size deal, rather than focusing on single family homes.

- What would be the most ideal areas to invest in & around Austin for Commercial real estate? With my limited research looks like most of the growth is towards North & Northwest. 

- What kind of cap rate can we expect for B/B- apartment complexes vs Self Storage and Mobile home parks?

- Any potential for buying a MF approved land and doing a ground up construction?

I would really appreciate any leads or guidance from local experts. We would really love to collaborate too.

Thank you,

Kranthi  

 @Aaron Gordy - I'm an investor based in Washington DC area. I have few commercial & MF properties in DC and Phoenix. Can you please send me some real numbers with listings for Austin, San Antonio please?

Welcome to BP! I have a similar question. I'm an investor based in DC Metro. I'm looking at investing in multifamily apartments in Phoenix metro area. 

What do you guys think will be the impact of our new President's immigration stance on the housing values, vacancies, apartment rents etc...especially in the Phoenix area considering majority of renters are Hispanics. Do you for see  similar situation/impact that was under ex-sheriff Arpaio and SB1070 ?

Thank you all for your suggestions. 

William Jenkins - Can you please PM me your friend contact information.

Hello all,

I'm new to BiggerPockets and I'm planning to get into RE investing.
I have read through some of the threads and resources and the information provided by you guys is really valuable.

I have an IT company based in DC metro area.
Right now, we are leasing our space and we pay about $80K per annum for the lease.
Rather than leasing the property, I'm planning to buy a commercial space (preferably Class A building) for my business.

Could you please clarify the following questions - 
1) Should I buy the a commercial property (Around $1.5Million with 10% down) or keep leasing?
2) If I decide to buy, I want to put down 10% down payment and SBA loan to finance the rest 90%. Any better options for financing?
3) Should I buy the property with the same company as company asset OR should I be forming a new company and hold the property in it's name.

Say, if my IT company is ABC, Inc., should I form a new company as XYZ holdings LLC and buy the property with XYZ holdings LLC and let ABC, Inc. pay the lease for it?

4) If I go with the above route, will banks finance the XYZ Holdings company?
My IT company is well established and my local bank has already agreed to finance the property.
  

5) I have been advised to hold the company real estate assets through another company, but not really sure about the pros and cons. 
Eventually I'm planning to get into residential and commercial RE estate investing and was thinking to keep all my investment properties under XYZ Holdings LLC and I was thinking this Commercial property would be a good addition to start my XYZ Holdings LLC. Do you guys see any downsides of doing so?

Thanks in advance,

Kranthi

 Hello Sean,

Can you please provide the contact info of her. I'm planning to get into RE investing and would like to consult with her.

Thanks in advance.