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All Forum Posts by: Sam Sala

Sam Sala has started 15 posts and replied 109 times.

Post: Flex space NJ NY PA CT

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25
Quote from @Ronald Rohde:

What's your experience in development? There may be high demand, but its a very complex and expensive process to do in a jurisdiction up there. Why not invest in an existing building in a secondary market?


 Hi Ron,

I am just starting out, would you be so kind to elaborate some more?

Post: Flex space NJ NY PA CT

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25

I want to invest in flex space but I am located in NY where prices are just outrageous. Anyone here looking for a partner? I'd be happy to meet and make things happen. I was thinking about NJ or PA since NY is ridiculous.

The idea is to find land and build flex space which is in very high demand nowadays.

Looking forward to hearing back from you guys.

Regards

Post: Curious about syndication?

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25
Quote from @Paul Moore:

Hi @Christine Bellish. I’m glad to hear about your experience with Kenny Wolfe.  I would love to hear about some of the positives and of course any of the negatives you’ve experienced investing with Wolfe.  Would you be willing to PM me and let me know? 

My firm has a fund that invests and lots of different experienced operators and Kenny is on our list for do diligence right now. They seem like a fantastic operator.


Hi Paul,

Curious to know your findings on wolfe investments and did your fund end up investing with them?

Thank you

Post: Syndications for "Non-Accredited" Investors?

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25

Any recommendations of syndications for non accredited with a solid track record?

Post: Lenders in Kansas City, Missouri and HELOC options

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25
Quote from @James Johnston:
Hello, I’m looking to purchase my first rental property/house hack in Kansas City, Missouri. I own my current home outright, and was hoping to find someone in the area that could offer some guidance in navigating the financing of deal, hopefully using a HELOC. Preferably someone who is an investor as well. Just not sure want banks to talk to about getting this type of financing, and wanted to find out more about what my options are and what I should be looking for with current interests rates.

 Hey,

Which lenders do you recommend for KC ?

Post: Buying my first Rental in KS

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25
Quote from @Remi Olawuyi:

Hello All, 

I am new here and I am about to buy my first multiunit rental in Kansas city, I will appreciate if there is anyone I can talk to before making this deal because it is out state.

Your help and assistance will be greatly appreciated and i am also in need of a good lender to assist with the finance if i decide to go through with this multiunit purchase.


 how did it go? did you pull the trigger?

Post: Multi-Family Investment Groups in NY

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25

I am interested, located in Brooklyn

Post: Looking for multifamily in the Midwest

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25
Quote from @Marwan Rollison:

Hello,

You can try CPA by Peter Harris. Commercial Property Advisory they are excellent to get you started especially if you have some cash saved up. 

Hey he wants 50% which I think is too high

Post: Looking for multifamily in the Midwest

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25

I'm looking to buy a value add multifamily property in the Midwest. I was wanting to get your input on the best ways to find one and put a team together out there to rehab and manage. I'd love to hear your stories and experiences. I was also wondering if anyone offers a service to help with the whole process. I am located in NY and not interested in touching anything here. 

I was looking at different training or mentorship programs that might offer such services. Anything like this exist out there? 

Your input and suggestions are greatly appreciated. 

Thanks

Post: How to find off market apartments (multi family)

Sam SalaPosted
  • Rental Property Investor
  • Brooklyn, NY
  • Posts 113
  • Votes 25
Quote from @Nathan McIntire:

@Nathan Lilly Try to build relationships with commercial brokers, property managers and lenders.They can potentially lead you to some great deals. Its important to build relationships beyond the deal. Have a conversation. Take them out to lunch. Ask them about their new properties, new deals they are working on and what they have coming down the pipeline. Real estate is a relationship business. 


 Hey Nathan,

How can one build those relationships if you are trying to buy out of state, for example I am in NY and I want to invest in FL.

Thanks