All Forum Posts by: Matt Nettles

What resources are there besides CoStar and listsource to purchase lists of apartment building owners?

CoStar is outrageously expensive

I’ve tried list source but it gave me majority 2-4 unit buildings in the cities/counties I selected.

I am looking for 5+ unit lists

@Narayan Gaonkar this particular property is in Atlanta GA

@Narayan Gaonkar this particular property is in Atlanta GA

I am still somewhat new to the MF world..

I’ve been presented an opportunity to purchase a built in 2000 well established 28 unit complex with 100% occupancy, waiting list, the whole 9 yards... however there is a small value add with rents being below market.

I ask because since I began to learn the ropes of MF, I’ve seen nothing but value add to be the best option, that’s what I seem to understand the most, and this doesn’t seem to be a great value add deal.

Wanted to get some expert or more knowledgeable

Opinions on the potential and maybe pros/cons to both strategies

Any help would be greatly appreciated

Does anyone know the cost of Michael Blanks mentoring program? I have scheduled a call but it didn’t say anything about pricing.

I know he has pricing for his ultimate guide course and his deal maker package but nothing on the mentoring.

Just trying to get an idea of what it will cost

Any help would be greatly appreciated

Is multi family the closest to “recession proof” of the asset classes? Why or why not?

Has anyone tried out Brad Sumroks Coaching he offers? I noticed he had a few different options to choose from. What were your experiences with using his program?

Hey everyone,

Can anyone recommend a MF mentor/coach that I could potentially bring value to in whatever way in return for their guidance?

If not, can anyone recommend a paid mentor/coach with credibility that I could lean on?

I ask this bc I watch YouTube and podcasts religiously but am aware that the time factor would be benefitted tremendously If there was something there to help out.

I would appreciate your feedback

Thanks!

@Tj Hines fantastic explanation TJ. Always grateful for you sharing your knowledge. Let me ask you another newbie question, what are the advantages of having interest only payments on a multi family deal? I’ve also heard that talked about a good bit about how the early years of the loan is interest only. I’m not sure I understand what makes that a good/bad thing

@Daniel Reyes great response Daniel. Definitely clarified some things for me. Thanks so much