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15 January 2025 | 15 replies
Obviously you want to lower expenses while maximizing revenue.
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21 January 2025 | 6 replies
Congrats on the pending closing!
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30 January 2025 | 10 replies
Are you pretty close to the blue line?
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23 January 2025 | 6 replies
This likely will result in a lower unit value than if value was derived from comps (especially seeing commercial MF values have fallen in recent times).Good luck
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29 January 2025 | 28 replies
There will likely be dozens of follow-up calls so don't be discouraged if you can't close someone upon first contact.All the best!
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20 January 2025 | 3 replies
Business owners won't want to get tied up in litigation and if there is a good chance they will lose, it is easier to simply follow the contract.How would that work with a lower-end tenant?
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15 January 2025 | 8 replies
Hello, We have a triplex in a lower-income neighborhood in the Tampa Bay area.
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29 January 2025 | 32 replies
Build a solid foundation before taking a step up - each and every step of the way.There’s a way to scale recklessly and there is a way to scale safely.When OPM is involved safe is way better than reckless.Despite a life long career in RE, I scaled as followsBought a few duplexes for my own accountBought a fourplex for my own accountBought 12 units as a JV with some friendsSyndicated 43 unitsSyndicated 30 unitsBought another 12 units as a JVSyndicated 281 unitsThis was over a 3 or 4 year period.and so forth - now I am GP in close to 1000 units with $125M AUM.Even with all that, my sweet spot is 30 to 50 unit properties - they work best for my partners and I and more importantly our investors.
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2 February 2025 | 20 replies
There is low inventory, lower sales volume, and high interest rates, and as a result many people are sitting on the sidelines, either intentionally or forced.
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18 January 2025 | 2 replies
If all of them have a garage and yours does not that will either put you at a lower ARV then what you thought, or a longer time on market.