All Forum Posts by: Troy Marschall

Thank you to everyone who responded. Your responses definitely answered the questions that I had.

@Matthew Paul, I have actually yet to travel farther out of the city besides to the airport. I'll definitely start exploring.

@Matthew Paul I went to Ole Miss just south of Memphis (didn't think it could get much worse). I recently moved to Baltimore for a job, boy was I wrong. @Dean Letfus I would say both markets are pretty comparable in the types of neighborhoods etc...

When raising money within a syndication structure I have my short-list of accredited investors, but my issue is I have a long-list of non-accredited investors. How can I get the non-accredited investors involved in deals, and can it still be done through a syndication?

Hey @Brian Marshall, 

I live in Fells Point, Baltimore. My specialty is more multifamily rentals, but this picture represents a buyers market. The supply is high, and demand is low. Your location is also on the north side of Patterson Park. In the immediate area in ranked order you have 1. Canton 2. Fells 3. FedHill 4. Locus Point 5. Patterson Park. That far north of the harbor really is not desirable considering that crime spikes exponentially around the park. Closer to the water, the better and there are plenty of options to buy down there. In closing I would look to try to rent or lower your asking price. That is my opinion.

V/R - Troy

Hey @Jesse Kerr,

I always recommend having a primary lender. Think of it as a 'go to' lender, but it is good business to shop around and continually make connections with others in the industry. You never know what kind a deal you may be able to strike in which your primary may not be able to offer.

V/R - Troy

@Justin Lewis,

I believe knowing the facts and as many of them as you can on a Macro level of a market. Such as, what is driving the economic growth - which businesses are moving to town, where are apts being build within the market, which part of town is growing the fastest. I also believe that you have to trust yourself and come to your own conclusion based off of research that you have read. This is how you beat others to a market (I think).

- V/R Troy