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13 May 2024 | 6 replies
Rather than go into all the specifics I would suggest you read some underwriting books to understand how to analyze these larger deals.A few that come to mind are:- Multifamily Millionaire Vol 1&2 (Bigger Pockets) Multifamily Millionaire Book Bundle – BiggerPockets Bookstore- Hands Off Investor by Brian Burke- Definitive Guide to Underwriting Multfamily by Robert BeardsleyThere are many others out there, but I would suggest starting with those.
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14 May 2024 | 14 replies
When you are using OPM I think you should always have a specific deal before you open an account or transfer any money.
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13 May 2024 | 4 replies
Talk to a local realtor about rental trends.Consider the specific homes you've found.
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13 May 2024 | 8 replies
@Marshall Hooper FB is just another mean to reach a specific destination (aka audience).
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13 May 2024 | 7 replies
What are the specifics of your financial position and experience?
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11 May 2024 | 1 reply
We have noticed that no landlords comply with any of the student rental rules and regulations in Syracuse, NY but do not want to put ourselves in a situation in the future.
14 May 2024 | 22 replies
This topic can be very specific to each person's situation.
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14 May 2024 | 12 replies
The income is the same, the difference is how hard you work to achieve it.Parting thought, I also purposefully lag the top of the rental market in my personal portfolio...if a property I have owned for 4 years was rented at $900 and has a good resident then even though the value of that property may be $1250 I am still going to put this specific resident at $1050 so both the resident and my portfolio are winners each year and we have incentive to keep it that way.
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12 May 2024 | 5 replies
I know your post was about direct to seller, but in the multifamily space, if you're looking to purchase bigger deals, anything 100+ units, it's more challenging direct to seller.I would start with sites like Crexi to aggregate data in a specific market, and target what you're trying to buy. # units, time left on debt, how many years held, whatever you're focusing on.We've also had some success using wholesalers to bring us deals.
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12 May 2024 | 3 replies
Which specific area you thoughts are inclined .. simply saying define your Buy Box 3.