All Forum Posts by: Philip Njapa

I have an extended family connection who wants to partner up with me to buy real estate in the states as a limited partner (capital provider). He has strong liquidity and I'm licensed for sales brokerage and I work full time in the Capital Markets space of CRE. Does anyone have any advice or references to setup the structure of the business so that we are compliant and that I can qualify for conventional financing while he puts up the equity. Also I'd appreciate any insight on building a team as well. Thanks!

Hello all, I’m reaching out because I have an extended family connection from a different country who reached out to me to start his commercial real estate journey. He has up to $4mm in cash for an initial investment. He plans to do more with me and bigger pockets (no pun intended) if the deal goes well. Can someone recommend any advice on anything (setting up partnership structure, accounting/ setting up a bank account , lending with foreign investors, sourcing deals etc…). For background I work in Capital Markets at a commercial real estate mortgage bank and I am a fully licensed real estate sales broker in NC. Thanks!

Hi Bigger Pockets,

My family is looking for a property manager to manage our canal front house with two private boatslips on the dock in Carolina Beach, NC. It is a 3 bedroom, 2 bathroom house that we bought pre-pandemic in 2019. Without accounting for generous renovations, the property value has more than doubled since then, but the house has never cash flowed.

We feel that the existing property management has neglected the place and has not optimized or marketed the property for maximum cash flow. Right now, the property is marketed only as a short-term rental, but we want to maximize returns, which means we are open to off-season medium-term rental and then short-term rental for the on-season.

Additionally, the existing property management has advertised that no boats or water vehicles are allowed to be docked at the property. We want the future property manager to allow water vehicles at an additional cost to the tenant or potentially rent the dock to non-homeowner-occupied tenants.

We are looking for a property manager who has experience with canal front properties, short-term rentals, and long-term rentals in Carolina Beach or the surrounding area, such as Wilmington, NC. We also want a property manager who is proactive and will work with us to maximize our rental income.

If you are interested in managing our property or have anyone who you'd like to refer, please send us a message with your qualifications and experience. We look forward to hearing from you!

Hi I'm a first time home buyer. I found a property in Charlotte that I'm interested in. The property is being sold as is, and I want to make sure that I'm working with someone who has the experience. I'm also a provisional licensed broker in NC, but I work in CMBS Trading for a mortgage bank, so I've never gone through a traditional sales transaction and would be willing to split the commission. I'd appreciate some references, thank you!

Hi I'm 24 and a first time home buyer. I found a property in Charlotte that I'm interested in. The property is being sold as is, and I want to make sure that I'm working with someone who has the experience. I'm also a provisional licensed broker in NC, but I work in CMBS Trading for a mortgage bank, so I've never gone through a traditional sales transaction. I'd appreciate some references, thank you!

@Kody Bernier Hi, I'm also fairly new to investing. I'm a licensed broker but work in CMBS trading for a CRE firm. I'd love to attend the meet up. I was wondering if you would be willing to share the meet up link