💼🤝How do you ensure strong communication in your partnerships?

Hi BP Family "I’m working on a 15-unit multi-family deal with strong rental & value-add potential.

If you have any tips, resources, or advice for someone just starting out, I’d greatly appreciate your insights.Some specific things I’m working on right now:Building a strong buyers list.Identifying motivated sellers and honing my outreach.Learning the ins and outs of structuring win-win deals.I’m open to partnering, collaborating, or just grabbing coffee to exchange ideas.

Building strong relationships with lenders is critical and the easiest way to do that is to be easy to work with. 

For example, should we focus on acquiring one high-quality property in a strong market, or would it make more sense to spread the investment across multiple lower-cost units in emerging areas?

A cash-out refinance or home equity line of credit (HELOC) can be powerful tools to keep your momentum going.Focus on Stability:Look for investments in areas with strong job markets, population growth, and consistent rental demand.

Detroit’s come a long way, and it’s only getting better.Here’s why:•Rental demand is strong.

If you are looking at FHA because of credit score, then I would work on credit scores to qualify for conventional financing or see if you can get a very strong coborrower with high scores.  

Successful coliving properties focus on creating strong, household-led communities.

Novices can prosper in distressed properties given a strong support network of brokers, contractors, and financial advisors.