Statistically, I would bet that many of these properties could be at risk from a similar event before the reconstruction could even be completed.What is the new premium on a $5-10-20M insurance policy and how could it ever be recuperated during the life of the policy or length of the average 30 year loan? 

Link to article about Falls Event center founder that recently went under & is facing major legal issues.

There are some great meetups in Northern New Jersey that you can find in the Meetups and Events section here.

Most affordable developers will pay more for a given piece of property but will want to lock it up for two years under a financing contingency so that they can go through two rounds in the event their project doesn’t get awarded on their first round.  

I’ve met most of my partners through in-person events because it’s easier to get a feel for someone’s personality and long-term vision.

Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.

Check out the events and meetups section for meet ups in your area, they are a great way to connect with local investors. 

I would add to this account every month, allowing me to pull from it whenever there was a large repair or capex event. 

If the tenant is truly struggling due to a life event, the sooner we can work together to get her somewhere she can afford (and not have an eviction or negative credit report on record), the better for all.

I’m Keagan, a realtor and investor based in Indianapolis, and I’ve worked with several clients on value-add multifamily deals and have done a couple myself.For finding off-market opportunities, I’d recommend:County Tax Delinquent Lists – Great for uncovering distressed properties.Direct Mail Campaigns – Target out-of-state owners.Local Networking Events – Connect with wholesalers who specialize in multifamily.I’d be happy to introduce you to lenders and share leads if Indy is on your radar.