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All Forum Posts by: Adam Gregory

Adam Gregory has started 2 posts and replied 4 times.

Post: Direct Mail to multifamily sellers

Adam GregoryPosted
  • Investor
  • Saint Petersburg, FL
  • Posts 4
  • Votes 1

How has technology shaped and influenced marketing to this niche?

Post: How to Fund 60 unit apartment acquisition with Zero funds

Adam GregoryPosted
  • Investor
  • Saint Petersburg, FL
  • Posts 4
  • Votes 1

@Shane Connor I never moved on the project. Couldn't convince the right people of the value. Ironically it went under contract a few weeks ago.

Post: How to Fund 60 unit apartment acquisition with Zero funds

Adam GregoryPosted
  • Investor
  • Saint Petersburg, FL
  • Posts 4
  • Votes 1

@Jeff Greenberg I do not have an executed LOI and yes; there is more money chasing deals than deals chasing money. So I am bringing something of value. @Jay Hinrichs what I lack in experience and capital I more than make up for in tenancity, grit, and street smarts. I love this deal ( most important part ), I know the area, the numbers, and the trajectory of the market. I could be wrong here but as a licensed agent, former mortgage broker, wholesaler, and someone that has inspected 500+ houses...I understand commercial is a different animal but the math and the financials are the key. 

Post: How to Fund 60 unit apartment acquisition with Zero funds

Adam GregoryPosted
  • Investor
  • Saint Petersburg, FL
  • Posts 4
  • Votes 1

I'm analyzing a 60 unit building in Tampa and the financials look solid. 42% expenses, 8% cap rate, 14% cash on cash. 

Problem is I need a money partner but feel like anyone with $400k+ to put into this deal has the ability to push me out of the picture and do it themselves. How do I handle bringing in possible partners without loosing the deal