All Forum Posts by: Danny Randazzo

@Robert Paquette it’s all about finding a solid deal. Typically the larger or more units you can acquire the better the deal can perform because you have scalability to run the property like a business

@Dan Rowley I'm not aware of any specific company but I'm sure they exist. That is an interesting investment opportunity when they are available however I think the downside is still in the small sized scale of the SFR or townhome. Getting more units provides more scale

@David Braun typically on deals greater than a few million in purchase price non refundable EMD is common. A seller will take a buyer who has non refundable EMD more seriously so it would be very difficult for you to be awarded a deal without non refundable EMD

@Charles Seaman I agree that the ownership or compensation can vary widely. Anyone looking for a KP should talk to several people and figure out what works with an individual deal

@Jesus Orbea you should speak with a local owner and property manager in the area to get their input

@Walter Herrera you can absolutely do both if you have the capital to complete them. If you don’t have the capital and you have good deals then you should be able to find a partner to help. You will also need to get your lender or lenders on board with one or both projects. Always speak with 5-10 local community banks or credit unions to see who will be the best fit for you to work with.

@Dan Rowley what is your question?

@Ray T. did you make it to the last meet up?

@Joseph Davis you should be able to estimate the t12 to determine an income approach value and then do a sales comparable value to see where it should be priced

@Patrick M. You should discuss with your local network because most times any new partner will be someone local that you’ve known for at least a couple years and ideally longer. There are great podcast episodes on BP and from other hosts where guests go into detail about how they found and partnered with others