All Forum Posts by: Lukas James

Hey everyone,

Being that I have other ambitions and income streams, the goal of mine is to use my capital to invest in multi-family real estate, but with as hands off as possible. What are the ways I can do this? Thanks!

Hi,

New to the multifamily scene. I want to know more about the individual benefits and drawbacks of the different multifamily strategies (syndication, going solo on a deal, etc..) Drop all your knowledge here! Thanks.

Heard the concept of owning your first home for tax benefits and others. I do not have motivation to own a home, especially now as I am eager to invest my capital into investments that will grow most effectively, such as apartment buildings. So this idea of "owning a home before anything else" does not fascinate me. Just wanted to collect opinions & advice from you people, especially in the Multi-Family community on this. Thanks!

@Dan Sheeks Hey Dan,

I am interested in talking to you directly. I just read your article and found some good value in that! Would love to get on a call to discuss my particular situation, but if you could for now, read my bio to know a little more about me. Hope to talk soon and let me know when you are available! Cheers.

@Jeffrey Donis Yes! Let's do it as soon as you're available. Let me know!

By the way, you gave some great advice and can't wait to dive deeper with you my friend. 

@Percy N. Hi,

Thanks for your response. We will be patient and do just what you've said, walk through 100 properties and run the numbers before we consider investing. About the mentor/partner, how do you recommend we go about finding one locally?

Also, 16 units+ apartment buildings is ideal from what we've learned, and we should have the down payment, especially if we have other investors in on the deal. We have a lot to learn, which is why we have started learning a year before we plan to consider buying. As for role of partnership, what are you referring to? Thanks for your time!
 

Hi,

I am 19 years old and am getting ready to reap the rewards of an investment I made with my business partner/bestfriend. I will have a lot of cash to invest. Although, I have really no real history of significant income. Do I need a few years of income to show, in order to get a loan & buy apartment buildings? If so, I may have to wait to buy.. But I’ve also heard around that you can use the projected income of the building I would buy to qualify for a loan. Any knowledge is great.. thanks so much!