I would love any recommendations for real estate agents with this focus in Detroit or Indianapolis as well as any questions I should ask them during the interview process.Thanks,Leigh

Hi BP Friends,While my personal investments are currently limited to single family houses, a classmate of mine from Harvard is currently running a booming business called Hasta Capital that invests in and develops large-scale multi-family properties in the US and Latin America.I wanted to share a video interview where he discusses investment strategies, historical and future-looking market conditions, recommended debt ratios and more.   

We interviewed our prospective tenants 18 months ago and we still have our original tenants.

Not only begin to streamline your criteria, begin interviewing agents now and explain your goals.Also start preparing your financial situation for your new deal.

As a point of reference, Fannie Mae and Freddie Mac (if you recognize them) say that 75% of that property value is the limit of debt for that property. 

I think if you can find 80% ARV, that is good in coastal So Cal market (likely will require cash offer) but 80% of ARV will not allow a full extract of investment.  2) it is not the end of the world to not be able to extract out the full investment as long as it is in the plan and recognized.  

I interviewed a successful investor just the other day who said a bookkeeper was his first and best hire.

Another route would be to interview for PM firms now and ask who they use to handle evictions as a part of the vetting process and what should happen next. 

Conventional lenders won't recognize the post-closing liens as part of the payoff they need to fund for some reason.Using a different company (that you own) lend to you at 100% financing. 

I recognize the value of building a strong network and believe that partnerships are instrumental in achieving success in this field.I am reaching out to seasoned professionals like yourself with the hope of gaining insights, guidance, and potentially forming partnerships that could be mutually beneficial.