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All Forum Posts by: Charles Peralta

Charles Peralta has started 8 posts and replied 42 times.

Post: FORT MYERS MEET UP!!! 4/16

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13

Looking forward to meeting everyone! Thanks for putting this together

Post: Best Way To Get Into the Multi-family Investment Space

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13
Originally posted by @Michael Bishop:

@Charles Peralta there a plenty of ways to get involved, but here are a few that I imagine could be befitting to your situation:

1. Find off market deals and bring them to major MF syndication players.

2. Learn to conservatively underwrite deals and offer your services to major MF syndication players.

3. Raise equity to help fund an established syndicators deal(s).

All of these options will help build your credibility, show that you have experience in the niche (for when you want to branch off on your own), and provide you with the opportunity to learn from a team with a proven track record.

Hi Michael,

Thanks for the reply. That is some great advice that i'm going to keep in mind going forward! Have you used these methods before? And if yes, what are some tips for executing them? Thanks in advance! 

Post: Best Way To Get Into the Multi-family Investment Space

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13
Originally posted by @Jared Bouzek:

Hey @Charles Peralta. Good to see you on here again. I know a guy here locally who does some syndicating in large apartments. I can maybe do an intro for you a little bit closer to when you head this way if you would like.

 Hi Jared, happy to hear from you and that would be awesome! I would love to hear about his experience in the market and how I may be of value to him. I'll definitely message you once I'm closer to getting out there, thank you!

Post: Best Way To Get Into the Multi-family Investment Space

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13
Originally posted by @Ian Walsh:

It all depends on how big of a multi family you are looking at getting into.

 My goal is to be one of the top players in this space!

Post: Best Way To Get Into the Multi-family Investment Space

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13
Originally posted by @Chris Lopez:

@Charles Peralta thanks for the compliment!

What's your timeline again for heading out to Denver?

Of course! And I'll be there no later than the end of Summer next year. I'm finishing up my finance degree right now and will be moving out once I'm all done.

Post: Best Way To Get Into the Multi-family Investment Space

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13
Originally posted by @Chris Lopez:

@Charles Peralta It's easy to become a commercial broker. Having success is a different story. From my limited experience in that world, focus on two things:

1) Having a minimum of 1 years living expenses set aside and plan on living like you're back in college for the first couple of years. As a broker, you're a 1099 contractor. Make 300+ phone calls per week for a year and you'll start seeing results. 

2) Start networking so you can get in with a good commercial broker. I'd start cold calling them to see who you can through to. They'll beat you up, but respect you.

Thank you for the advice! I'll definitely keep that in mind going forward and hopefully hit the ground running.

I also like what you've been doing with your YouTube videos, thanks for putting those out there! I hope someday we can connect and make some deals happen!

Post: Best Way To Get Into the Multi-family Investment Space

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13
Originally posted by @Craig Curelop:

@Charles Peralta - Look into house hacking. Great way to purchase a 2-4 unit property. Live in one unit and rent out the other. That's a very common term here on BiggerPockets. There are hundreds (if not thousands) of forum posts, blog articles, webinars, podcasts, etc. all on this concept. Familiarize yourself over the next couple of months and get it done! 

Looking forward to having you in Denver! 

Thank you for the warm welcome! I've had the pleasure of listening to multiple BP podcasts that have featured this idea and it's definitely something I'd like to deploy for my personal living. My question was guiding a little more towards commercial apartment buildings and how to get started there. 

Post: Best Way To Get Into the Multi-family Investment Space

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13
Originally posted by @Matt M.:

Small MF or Med-Large(Over 5 units)?

 I would like to focus on medium to large 5+ units apartment buildings. Whether syndicating or working as a broker and eventually earning enough and making enough connections to syndicate. 

Post: Best Way To Get Into the Multi-family Investment Space

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13

Good morning everyone!

My name is Charles Peralta and I want to break into the multi-family investment space. 

I'm currently working in the mortgage industry and will be making a move to Denver, Co next year. I wanted to see how others got started in this industry and any tips for someone who's looking to get started. I have a finance degree and dedicate serious time and effort to my sales training. With that being said, I have a lot to learn and would love to see what are some good ways to get started. Thank you in advance :)

Post: Looking to connect with LO's and Brokers in the Denver Metro Area

Charles PeraltaPosted
  • Rental Property Investor
  • San Francisco Bay Area, CA
  • Posts 47
  • Votes 13

@Stuart Crowell I'm at @TheMileHighMortgageGuy, you actually followed me back already!