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All Forum Posts by: William A Colas

William A Colas has started 1 posts and replied 5 times.

Quote from @Bud Gaffney:

Fair points! So you're forbidden to do any deals on your own?

Forbidden is strong definitive word. 

I would say that our interest lies in growing and making money together rather than alone.   Doing it alone is no fun. 
Quote from @Shafi Noss:

I could recommend a couple of people to do consulting. 


 That could be interesting.  Thanks.

Quote from @Bud Gaffney:

Can you go in alone? Why 3 partners? 


 Because this is the business we've built together, we enjoy working together, we each have roles that reduce the work load on the group and personally I like that the risk is spread out.

Hey guys, been lurking on BP for a couple years. My partners and I (3 of us) are based in Miami FL (not the easiest market at the moment) we are all realtors / brokers and investors, each have 20+ years of experience down here, have done multiple ground up single Family and duplex builds and currently have a portfolio of single fam and duplex properties. We want to make the jump to our first true multi fam property 20+ units. Can be local or not... Logically we keep telling ourselves, we have the experience to easily make the transition but mentally there's a big difference when dealing with 100's of thousands of dollars on a single fam / duplex and millions of dollars on a 20+ unit property. We are having a hard time coming to a consensus of how to identify, underwrite, and basically take the jump. ( we don't want to screw it up lol) I've searched this topic on the forums but figured someone could give some insights given our situation. We started looking at coaching programs and some of these things just seem ridiculous at 20-40 grand, and some seem more like life coaching programs as opposed to real estate programs. we don't want to syndicate we really would just like to find someone that we can bounce deals / ideas off of and have them assist in underwriting and giving us a better sense of security that we are doing the right thing. Any thoughts or advice on a program that could work for us?