Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Kyle Mitchell

Kyle Mitchell has started 118 posts and replied 356 times.

Post: Assisted Living/Gene Guarino

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

Hi Calvin, I decided against doing RAL.  Very labor intensive and also restricted where I live.  Best of luck.

Post: Still buying or holding off for now?

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

@Greg Dickerson Thoughts on raising capital?  Will it be more difficult?

Post: Still buying or holding off for now?

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

With all of that has gone on in the last 3 weeks, I am curious to know who is still pushing forward and continuing to look for deals and will still buy and how many of those that are going to sit back and wait for things to unfold.  And either way, why?  I feel like it's still ok to buy but need to be much more conservative on your underwriting, especially in Years 1 and 2.  Will capital be tougher to raise?

Post: Los Angeles Investor Meet-Up

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

@Corry Cuington We have a group called multifamilymasters that has about 8 different locations in Southern California and have several in the LA area.  You can send me a PM and I can send you the links, it's a great group.

Post: Anyone use David Toupin’s Analyzer??🖐

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

HI @Jon Guy.  I have used it for the past year and it worked great for us.  He has great training videos on how to use the tool and he is always updating it to make it better.  I would recommend this tool.

Post: Phoenix - real estate meetups

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

@Slade DiChiaro I host one every 4th Wednesday of the month in Scottsdale at the Masonic Lodge, our next one is this Wednesday.  Here is the link, hope to see you there!

https://www.biggerpockets.com/forums/521/topics/783611-multifamilymasters-phoenix-chapter

Post: Find the deal the money will come!!! Myth or Reality??

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

@Leslie Awasom To me this is a myth and there are many factors involved.  If you are an established investor with a great track record then yes, find a deal and the money will come.  But if you are just starting out or have a limited track record/team by your side then the money is tougher to come by (depending on your network).  You should always be raising money (always be closing) even when you do not have a deal.  Build up your investor database so you don't have to worry about this when you do have a deal.  Or partner with proven investors and you will attract capital much easier.

Post: Networking with brokers?

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

@Bellman Tumasang There should be no reason for them not to add you to their list as it builds and expands their network.  The key is not being on their list, the key is to be one of their first phone calls when they get a listing or an off market deal.  I do several things to try and build relationships with brokers.

-Call them weekly or bi-weekly to check in (if they do not answer I leave a message and follow up with an email)

-I always get back to them on any deals they send me even if I plan on not making an offer, feedback is critical and if you want them to get back to you on deals then you need to get back to them on the deals they send you

-I meet with brokers face to face in my markets every other week (I do not live in the market I invest in), whether it is touring a property or just having a quick coffee or stopping by their offices to say hi

-Host social gatherings and invite brokers to meet with local investors and buy them drinks.  This works well because you introduce them to potential clients and have brokers come to you vs meeting them individually

Post: Apartment Syndication start up Advice

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

@Rob Roham Shoot me a PM and we can setup a call, happy to help where I can.  I think scheduling a call would be best.

Post: Multifamily Masters - Phoenix Chapter

Kyle MitchellPosted
  • Multifamily Syndicator
  • Greater Los Angeles Area
  • Posts 399
  • Votes 256

Are you new to Real Estate investing but don’t know how to start? Perhaps you an experienced investor with properties but you aren’t getting the returns you desire. Are you interested in cash flow, value-add properties, and opportunities outside of CA? Do you want the financial power of multifamily real estate working for you?

If so come join us. We invest in apartments in cash flow markets that simply make sense (or dollars!). Our members have closed properties in markets such as AZ, TX, FL, GA, IN, IL, OH, MD, MO, ID, UT, & TN. Apartment investing is a team sport. So come join the best team around, the Multifamily Masters.

This group is for anyone interested in investing in multifamily apartments. Our group started in Southern California and now we hold monthly meetups across all across the nation. Locations include:

Baltimore, MD
Camarillo, CA
Downtown Los Angeles, CA
Long Beach, CA
Marina Del Rey, CA
Pasadena, CA
Manhattan Beach, CA
West Los Angeles, CA

Day and times vary by location. For the most up to date schedule and venue please visit the events page.

Hope to see you all there!

FB: https://www.facebook.com/groups/mfmasters

URL: http://www.multifamilymasters.com

LinkedIn: https://www.linkedin.com/groups/12112739