Are your thoughts based on experience and research in this area or based on a gut reaction?

This is such a great community and we value all the comments!

Hi all,I am newbie in RE investment and closing a 6 unit multifamily this Friday.

I'm offended that nobody included me in in this conversation.

It's hard to find a cash flowing rental in this area, but paying all cash certainly helps!

Granted, this was my personal 90 second due diligence, but the initial sniff seems like they are a legit company doing real deals, and if I were actively looking for new syndication investments, it would prompt me to want to learn more.Only thing that would keep me a bit skeptical on a call is their 2016 founding. 

Bloomberg just published this article which should be concerning for any landlords accepting Section 8 vouchers.

In short, this would be an entirely appreciation-based investment.Given the state of the economy today, with high interest rates and the seller-buyer lock out effect, I want to discuss the pros and cons of this investment at length, specifically in the context of all the other properties / neighborhoods that I have been evaluating. 

I currently split my time between the UK and Costa Rica, so I’m fully remote in this business.I’d love to hear from experienced co-hosts—how did you find your first properties?

I plan on holding this property for 30 years (I'm 34) and will live in it for at least 5.