All Forum Posts by: Scott Morongell

@Hoa Nguyen I agree with Abel on splitting it into 2 different deals with 2 different operators. Can you fill us in on what decision you made?

@Adriel Liwag Congrats! Keep up the success man.

@Oye Dosumu cap rates are very compressed in Boston and it's tough to make a deal pencil. I do not invest there but like the market. You will have to find a mom and pop small owner who is looking to get out of something and capitalize on the opportunity. 

Why not buy something in Houston if you know the market well and hire a PM?

@James Canoy Yes. It just add another level of professionalism. Can also be an asset if you are using Ad's.

@Pablo Flores to find property management companies go on apartmentsdotcom. Dial in the criteria of your search to match what you want to be managed. On the right hand side of the listings most will have the property management company. Make a list and start calling them.

@Joshua R. send me a dm and we can talk further. Lots goes into picking the right market for YOU. I am currently in San Antonio and NC

@Michael H. prepping and have switched up our underwriting to longer holds.

@David Decker Congrats

@David Baier thanks!

@Account Closed I agree. Lots of worrying out there. That being said, I am still cautious and have changed up my underwriting and will stress test every deal to make sure we have ourselves covered. Real estate is very local and if you buy right and in good locations you can thrive during a recession.