All Forum Posts by: William Costello

@Angel Moreno taxes can be difficult in Illinois compared to the price and what you are getting out of it. If you can do a value add and increase value and raise rents it could payoff. 

@David Mulholland congratulations to your daughter, from what I heard Des Moines area is a nice town. Are you looking more for student rentals or professionals? 

@Derek Johnson congratulations on taking the step into real estate investing. Like what Scott mentioned measuring cash on cash is a great way to analyze the deal. Also what is your goal with this property. Are you looking for a long term hold? Also having comps in the area to make sure your rent is competitive enough for the duplex to be rented. Best of luck

Demand has surpassed supply for some time in the real estate market in both the single and multifamily sectors. Even in a city like New York City which has a wide variety of space to live renters are having a tough time finding supply available without paying an arm and a leg. The US Census Bureau's latest data shows the pace of new home sales fell by 16.6% in April form the before at a seasonally adjusted rate of 591,000. Analysts surveyed be Refinitiv anticipated dip of 1.7%. Definitely the pandemic and the working from home shift helped the real estate boom particularly in the sunbelt. Because of the warmer weather, less taxes and freedom to work wherever. This trend has continued in tertiary markets and adjacent markets to bigger metroplexes. 

@Noah Lomax congratulations on the closing, Wicker Park is a great area in Chicago

@Brian Kebel you do have several options based on your risk tolerance and goals that you want to accomplish. You can access equity through a hard money loan up to 75%. Best of luck! 

@Michael Louis Michael Blank has a great program for people starting in syndication space, also meet ups in your area as well that can be found on LinkedIn. Are you interested in being an LP or GP? Good luck

@Giovanni Cortes I would suggest getting legal help reaching out to an attorney and have them review the contracts and documents. Good luck!

Hi @Neech Yates great way to build relationships and network. Are you looking into syndication as an LP or GP? LinkedIn would be a great resource. I know Indianapolis has a meet up every month.