All Forum Posts by: Vishnusai Yoganand

Hello,

What parameters should I consider while investing in properties that show construction date to be between prior to 1950? I am worried about unforseen CapEx (2-3 year down the line) which would eat up the cash-flow that would have been accumulated.

Here is an example property based out Milwaukee, WI. The property seems to be in C+ neighborhood with need for rehab post-buying. What parameters would be helpful for me to consider while analyzing this property?
https://www.zillow.com/homedet...

About me:
I am based out of Seattle and new to real estate investing and researching potential markets for investing. My niche is small Multi-family and the strategy I want to go ahead with is BRRRR.

Thank you very much for all your opinions and suggestions. Looks  like I need to do a bit more of analysis at this time. I'll reach out to you if I need any help!

Thank you all for your replies and suggestions!

I did further bit of research and thinking.

My plan for this year : One multifamily property + One syndication

Multifamily property
My first priority:
Niche: Buy a Duplex/Triplex by my own

Strategy: Buy and Hold

Goal: Want to see good balance between Cash flow and appreciation. Cap-rate > ~4.5%

Market: I think this is the trickier part. Seattle market seems inflated now. This makes me consider out-of-state investing
The places that I am considering (but need to take a deep-dive):

1. Austin,TX

2. Orlando, FL

3. Tampa. FL

4. Other places: Houston, Spartan, other mid-west states (like Michigan, Wisconsin, etc)

The parameters that I need info regarding these states:
1. Which phase of recession cycle are these states in? (recovery, supply < demand, hyper-supply, recession)

2. The net-migration rate

3. Net-absorption rate

4. Percentage change in 6-figure jobs over the last few years

5. Safe areas to invest

6. Occupancy rate

My Second priority:

Same as 1, but invest with a partner if I cannot find a property that fits into my budget
Property Niche: Fourplex or more

Strategy: Buy and hold

Syndication

Market: No preference yet. Open to in-state as well as out-of-state.
Niche: Large apartment complexes

Other resources that I need help with: Where to find leads? I do not know the different types of MLS yet.

Hello,

I started out on my real estate investment journey on biggerpockets from last week. After spending a couple of days, I had a few questions that I had to get an clarity as to which niche I should be choosing to invest in.

The strategy that I have decided on is either buy and hold or syndication.

The niches that I am interested in (in-order of priority):

1. Multifamily properties

2. Small apartment complex

3. Large apartment complexes (syndication)

The money that I am planning to put down: $100-150k

I need help to decide which niche I should consider focusing on for now to maximize my RTP (cash-flow) with also good property appreciation. I have been hearing and reading a lot that the market is inflated right now and getting a property with good property is rare. I was more so looking at a cash-flow of $200/mo/unit (minimum). Is that possible with any of the niches right now? Which niche would reward me with better cash-flow?

I am based out of Seattle and would like to invest ideally in a property near me. But I am open to out-of-state investing as well

Would appreciate your insights,

Thanks,

Vishnu

Hello!

I am a techie currently based out of Seattle. I am new into investing. I got referred to this wonderful website and community yesterday through a real estate group at my company. Looking forward to learning and collaborating with you all!