Mario Morales
"Multi-family" agents-how to pick one's
17 January 2025 | 6 replies
I don't sell single-family homes or any other types of property, though I do own other commercial real estate.If you're looking to invest in multi-family properties, it's crucial to work with an agent who specializes in that market.
John Keane
Where to find gap funds?
16 January 2025 | 13 replies
The fresh perspective from someone outside of my network is crucial, that way my expectations can be closer to reality if I decide to reach out to new contacts for this opportunity.
Chris Magistrado
Defining Crystal Clear Criteria (CCC) for Large Multifamily Investments
9 January 2025 | 0 replies
Target ReturnsWhile target returns are crucial, these should be discussed only with investors—not brokers or others helping you find deals.Sample Investment CriteriaHere’s an example of well-defined CCC:Location: Primary and secondary cities in the Southeast with population growth.Type & Class: Class C garden-style or walk-up workforce housing with repositioning opportunities.Age: 1980s construction or newer (case-by-case for older).Price: $5M–$12M, requiring $1.5M–$3M in funds.Size: 100+ units.Cap Rates: Market rates.Roof Type: Pitched roofs preferred.Value-Add: Opportunities for improvements or better management.Why This MattersBy creating crystal clear criteria, you:Avoid wasting time on deals that don’t align with your goals.Build trust with brokers and partners by demonstrating a focused investment strategy.Increase your chances of finding deals that meet your financial and operational objectives.I'll be posting each chapter as I go through them so you can follow along from my notes and we can discuss different strategies.
Hunter Hanlon Taylor
ISO contractors for an STR near Columbus, Ohio
6 January 2025 | 4 replies
I just bought it in the fall and am trying to complete a bunch of modifications during off-season (e.g. metal roof, certain safety features, treating the deck, possibly updating the fire pit area, etc).
William Taylor
[Calc Review] Help me analyze this duplex in Michigan - are these numbers correct?
12 January 2025 | 12 replies
Appreciation, in particular, is crucial, while cash flow acts as the fuel to keep the property sustainable.Your Scenario with 2% Home AppreciationHere’s how the deal looks using your assumptions:Year 1 Analysis Cash Flow: -$1,123 Initial Equity: $51,000 (assuming a $249k purchase on a $300k market value as per your report).
Steven Moutray
New to REI, Building foundation
16 January 2025 | 3 replies
.## Financing OptionsFor Hard Money and Private Lender financing, it's crucial to build relationships with local lenders.
Ben Hedvat
Townhouse fix & flip Harlem investment
16 January 2025 | 0 replies
This single-family residence spans approximately 4,250 square feet and features 5 bedrooms and 5 bathrooms.
Ben Hedvat
Townhouse fix & flip Harlem investment
16 January 2025 | 0 replies
Constructed in 1910, this property features a total of 2,793 square feet of living space.
Kin Lay
How to transfer my share of the house to my brother?
14 January 2025 | 5 replies
It’s crucial to consult a real estate attorney and tax advisor to structure the transfer in a way that minimizes tax consequences and aligns with your objectives.
Vinay M.
What's it been like investing in Columbus? Where should I invest?
19 January 2025 | 10 replies
It's crucial to have a team that can provide both on and off-market opportunities, as Columbus can get a bit competitive.