All Forum Posts by: Marc Globensky

Wow... Where about you buying and what's your strategy for purchasing? My fiance and I were thinking of purchasing homes under 100k with dscr/portfolio loans and personal loans....

Hey all,

I'm posting to give you a bit about me here.

My fiance and I (wife in June this year.) Are looking to expand from our 7 unit portfolio to 18 units by end of 2024. We love in Phoenix, AZ but own in Indianapolis, IN and in Killeen, TX... All our homes are in VA or FHA loans at the moment. We are looking to leave this house hack model behind and get into cash down (50k or less), partnerships, and seller financing deals.

My fiance is new to investing and doesn't have a whole lot of experience.

But me on the other hand, I have been managing multifamily, sfh, and commercial spaces (malls, class C-A office/retail, and light industrial/flex space). I've also flipped 14 homes and built a portfolio of over 300 units and 152 commercial spaces for an ex-wifes trust for her grand parents (clearly no longer part of that). I also built a team while in college to build an apartment complex out of retired military connexs. It was supposed to be a flex space with 13 commercial units on bottom floor and 250 units of of apartments on second floor with a massive community and flower pot rentals on top floor for sustainability. I had quotes ranging 155 to 350 sqft it was supposed to be around 75k sqft in total livable sqft. We had raised 55m for this project. Put 3 different parcels of land under contract in incredibly valuable areas but all three times we were left at the table by our money partners. They simply didn't believe it could have been done... Sadly this was around 2019 if they had invested in the property contractors quoted us 6 months construction we budgeted 2 years. The cities wanted them and so did the people (according to our market surveys). If it was here today our budgeted rental rates would be triple what we put in our projections. The value of the property would also have been 400% more then what we thought it would be worth.... All this to say their loss... Lol

Any way, that's about us. We aren't trying to grow quickly so we actually take out time going through the numbers. Also we both work full time jobs and I'm in school for law school with a masters of real estate development too.

DM me if you are curious to learn more about me. Also if you have deals and you want to add us to your distro list: lenders, contractors, wholesalers, realtors alike (excluding Phoenix metro area) feel free to ask for my email.

We purchase anywhere that is safe to walk a dog around and isn't millions of dollars for rentals that are meant for tenants that have minimum wage jobs.

I'd love to get to know more about all of you and expand my network!!!

My dream is to make that apartment complex come to life before I die.

Hey all,

fun topic of discussion...

if you won't the Powerball today. How would you spend the money?

I would personally donate 25% of the net to God, 25% to charities/family, and use the first mill to pay off all debts then go buy/build my dream apartment complex. The rest would then go to an advisor/trust group I created with my spouse to invest in a roach portfolio of equities real estate and insurance products.

Hey everyone,

I'm an investor in real estate and some how at a loss for what to do with 20k... Lol this is more or less my emergency savings I've spent last 2 years saving and working 60 plus hours to get put up. I've recently had to pay for a prenup and minor duct work repairs and electrical repairs for one of my seven doors and planned to put that all on business credit cards to focus on building my business credit... That and the cash flows more than cover the expense. I want to put the money in a 12 months CD or stock portfolio of some kind but don't know if I want to deal with the net gain on that next year if I end up liquidating it before end of year also don't want to deal with a capital loss. Also important that I add I just got a job offer in commercial property management for a position 68k a year and I'm starting college online using my gi bill to cover all tuition and fees plus will be making 750 month just for being a student... Money is only an issue for the month of may since I just got off active army orders and am in-between active army and waiting on my start date for the new role.

what would you do? I'm curious to hear your thoughts in my shoes... I am thinking of looking into ai stocks but am also considering not even touching equities because of where this economy may go....

Hey Investors,

What places do you find the best bang for your buck in real estate investing?

I personally like to be around non training military installations...

Hey all,

What would you rather have your net worth in real estate or stocks?

Wow what a great story I did something less extensive but similar on my first flip with 4 personal credit cards for two months and a hard money loan.

Hey everyone, 

I'm interested in hearing some crazy awesome ways you've finances a real estate deal. Don't worry I'll start.

Back in Aug of 2019 I purchased a flip with 55k in personal credit cards and hardmony and made 10k after all the p and I payments from carrying both!!! Made it in 68 days!!! Best deal I've ever done!

<<<<ATTENION HOME SELLERS>>>>I hope everyone's day is going great. I'm going to start taking on Buyer and Listing clients in the Phoenix metro area again. Given our current economy and mortgage rates there are few things I'd like to let everyone know that I offer:

SELLERS: Three things sell your home quicker: 1) Right price, 2) Desirable location, 3) An attractive aesthetic. Full disclosure: If a listing agent tells you they have this amazing marketing plan to get your home on an excessive number of sites they are lying to you. When a home is listed on the Multiple Listing Service it automatically gets posted onto the major websites for free. No extra costs. So, an agent like me that has a very large network and is constantly reaching out to potential buyers will sell your home faster. 

<<<WHY LIST WITH ME???>>>For starters we won't lie to you!!! We hate shady business practices and people that conduct their business this way. We're very proactive!!! So many agents are lazy, they just list your home and never talk to you.... We hate that!!!! We will call or text every other day even if the only thing that happened was a tumble weed passing your patio... 

<<<BUT HERE'S WHERE MY TEAM AND I REALLY STAND OUT>>>

- When we list homes, we list them in a fashion to generate interest by providing a competitive price in order to start a bidding war.

- We negotiate any seller concessions into the purchase price and if we can't accomplish this, we give you 50% of our listing commission.

- We also work with investors very well because everyone on the team invests.