All Forum Posts by: Michael S.

I've been investing in a few deals on RealtyMogul and CrowdStreet over the past 2 years (have not seen exits yet). Do people have good recommendations on developers on those two platforms? I see a lot of them come back for repeat fundraising. Have only invested in immediate cashflowing deals so far. Also wanted to use this to compare future deals listed on the two platforms. 

Deals done so far: 

Spokane multifamily

Laurel,MD multifamily

Indianapolis multifamily

Sacramento low income retail

San Antonio multifamily

have a few properties in update state NY, I'm surprised to see NY as landlord friendly, any thoughts?

Evictions are so hard to come by these days I would go with the eviction option (for all the small landlords who never had a chance to get here). You won a hard-fought well-deserved court decision. I know a lot of landlords who are not as lucky in seeking justice. Rental assistance is unlikely to meet the full owed amount and may not last that long. The current tenant has not prioritized paying rent so there's no guarantee she'll pay in the future. 

After eviction you can bring in an honorable tenant or sell for a profit which should bring some joy to your family after a year of suffering with this tenant. 

Good Luck!

I have two student housing units with Hasbrouck https://renthasbrouck.com/

Pretty good so far, they do quarterly inspections and never had a complaint from tenants.

If this happens there will prob be a two tier market like other countries. You have the ones that the government took over that barely does the job and private sector ones that are a lot nicer. Basically like the public private healthcare options in European countries

Rochester, NY

i like the macro environment in SA but dont have too much local context (I live in CA) so I went with LP investment in a cooper street capital in Amber Hill complex (near USAA headquarters). Hopefully can do direct investments once im more familiar with the market. 

Anyone with experience/thoughts on henrietta/west henrietta? have been investing in the east side but want to focus on area around UofR / RIT in the future.