All Forum Posts by: Paul Khazansky

Also consider including ad counter on your CL page. This should help you figure out just how many eyes look at the property, which you can then use to calculate the 'follow-up' rate, when you actually get an email from a person interested in taking a look at the property. If 300 people look at it, and only 2 people email you, you know there's something wrong with price level/pictures/etc.

Greeting from a fellow Marylander, Gabriel! Set up key words for areas of interest, such as 'passive income', 'Maryland', etc. I'm also all about passive income, and this site certainly supplemented my knowledge on the subject.

HAP is being renewed each November, and I'm sure you can structure the sale and purchase agreement contingent on the program being renewed next month.

The real concern here is two-fold: terrible schools and high crime rates. You really need to know the area to believe that in the process of being gentrified, otherwise it's an easy ''no''.

Hey @Brian Burke ,

Well done! Houston is a great market to be in. Do you also get the benefit of carried interest, or is it strictly 70%/30% above 8% preferred, plus asset management fees? Thanks.

-P

Hey Becky,

Welcome to BP! I think your best bet is to join an established real estate investment company and learn as much as you can. This portal is also a good way to get up to speed on industry. Good luck!

Ray Alcorn's '"The Definitive Guide to Apartments Investing" is a great start, but you still need to have capital to invest. Cant leverage this thing 100%. aa

First of all, well done. Sounds like $25k per door in a solid market like Houston with good financing terms is a good deal (assuming you correctly assessed deferred maintenance).

Wanted to ask about management fees -- isn't 10% plus one apartment a bit steep? I get that it's a fairly small complex, but sounds expensive.

I'm considering joining one or two professional associations for multifamily investors/owners. The primary purpose here is to network, as well as benefit from seminars that help investors feel the pulse of the multifamily market. Any suggestions are welcome; thanks in advance!

hey Ethan Zweig, welcome to the forum. The forums can be quite useful if you customize the daily feed to areas of your interest. Lots of helpful info from people who don't mind sharing their experiences/insight. I haven't been able to locate a Baltimore REIT with a focus on multifamily as most clubs tend to focus on single family. Good luck with the forum and your ventures!

See the thread below:
http://www.biggerpockets.com/forums/51/topics/75753-self-directed-ira-for-dummie