All Forum Posts by: Paul Moore

I have a multifamily investment fund and we are focused on the Carolinas.  Would love to connect with any of you and collaborate on deals.   I have been involved in rehabs, subdivision development, hotels and residential for 15 years, and I am convinced that commercial multifamily is the safest/best investment on the planet.  I recently wrote a book about multifamily called The Perfect Investment - Create Enduring Wealth from the Historic Shift to Multifamily Housing. On Amazon. 

Hi @David Taylor.  Welcome.  BP has the best info available on real estate investing.  Check out the stuff from Michael Blank on multifamily.  

There are also many great podcasts out there, like Brian Hamrick's and Joe Fairless's.  

I have been in residential real estate and flipping for 15 years, and I have completely switched to multifamily in the past several years. I recently published a book on multifamily investing called The Perfect Investment.  It's available on Amazon.  It has a lot of good data and stats about the historic shift to multifamily. 

@Jim Robertson.  Yes, it depends on the size.  If it is above 100 units, I could make a recommendation.  Should be about 4-5% at that level.  

Welcome @Antonius Childress!  Question... Do you have cash to buy this property?  Or do you already have buyers with cash or certified funds available to buy it from you?   I love your enthusiasm and optimism!

Welcome aboard, @Steven W.!  You are in a great market.  My company is putting together a fund to invest in Charlotte and similar growing areas.  

Hi @James Slaughter.  I would be interested to learn more about the BP meeting at The Brass Tap.  Is it well attended?  Are there other Charlotte online groups on Bigger Pockets?  I have recently become active here.  Thank you. 

Hi @Chris Hill,

My company is looking to purchase Class B, multifamily assets in the Charlotte region.  We are putting together a fund and hope to be seeking out assets in the first quarter of 2017.  

The book is The Perfect Investment.  Create Enduring Wealth from the Historic Shift to Multifamily Housing. It is available on Amazon.  

I agree with @Eric P.  Get into this one with 3.5%, and if all goes well, save your other 15%+ to buy your next property.  Then you will be on a roll! 

Hi @Glenn Mayo.   I agree.  I would track down realtors who work with properties that need repairs and I would try to buy one of those.  Have the agent go through expired listings (or find them yourself) and you can assume that if it was listed for a long time and didn't sell, that you could possibly get it for less.  

Congratulations on getting in the game, @Kyle O'Connor!  You won't regret it.  Michael Blank has a lot of good info on getting your first deal, which you've already done.