All Forum Posts by: Shehzad S.

You should definitely have boots on ground to get renovations done. If not find something that somewhat ready to go and all it needs is paint and mowing the yard. I would partner up with someone locally. Everything is doable. Questions is @ what 💲?

I renovate properties in my local market that I can drive to daily. I buy stable properties that are more then 45 mins drive from me.

I am turning and burning. Ready to double down and buy more deals. Stick with your fundamentals. Have a precise criteria and a business plan. As long as you are in it long term you will be fine.

Shehzad

I would find a 10 million dollar multifamily deal in my area that fits my investment criteria. Invest my 1 million. Find family and friends $ to cover the gap. Finance 7.5 million. Own 70% of the deal. Refi cash out in 2-5 years depending on where the market goes from here. 😬

Good old pre covid era is behind us and market has turned upside down. I am seeing deals go for way above whisper price. Forget the cap rates and everyone including all the big money is betting huge on inflation. Last couple years I raised rents on my portfolio by almost 25% without going too deep into rehabs. Now that the covid $$$ are finally showing the affect of inflation I expect the rents to go up drastically as $ is diluted. I am not focusing so much on cap rates on acquisitions as I am on other metrics.

good luck and happy investing 😬

All of the above and a garage like Jay Leno’s 😬@Simon Castillo

100% multifamily

@ 600 heading to 1000 in next 6 months

@Avery Carl

Take 200k and buy 1 million in MF all day any day

@Pete Perez

To have a garage like Jay Leno’s 😬@Jasmine Russell

I am not an attorney and neither is the PM. Talk to an attorney. @Nadir M.

If I were in this situation I would go ahead and send the final notice and proceed with filing eviction. @Nadir M.