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9 August 2015 | 16 replies
I was a commercial broker for Marcus & Millichap and currently own 92 unit and have contracts on 217 units.1) I would also start by calling a commercial broker or property manager and asking about about the market in which you want to invest. 2) Get as many financials and broker packages you can so you can start evaluating properties so you get an idea of what the properties on the market are trading for. 3) Create a criteria of properties you want to acquire and send that off the brokers.Read as many books about it as you can and speak to industry professionals.
25 August 2015 | 16 replies
I like to trade a percentage of my paper for shiny rocks, especially when the rocks are at 5 yr lows.
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13 May 2020 | 32 replies
How long have you projected you're going to be holding this for (including time to rehab) $750K properties don't trade quickly.
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17 June 2020 | 10 replies
However, when you trade the simplicity of having only one unit for the economics of having two, you are beginning down the road of long-term stability.If you have one unit, and the unit is vacant, guess what your vacancy rate is that month?
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27 June 2020 | 5 replies
Because this is a multifamily asset and not a true commercial property, any big swings in RE Tax assessment are going to really affect your NOI.
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7 July 2020 | 5 replies
Solely from my perspective, I wouldn't want to try to retire early with a biggish chunk of funding in the stock market and then get caught in a down swing when I needed to pull out the funding.
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25 May 2022 | 4 replies
I would 100% recommend having a good contactor for repairs or someone to swing by if needed.
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11 April 2023 | 61 replies
Major sectors in the area include healthcare, education, government, and trades/transportation/utilities.💰 5.
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29 November 2022 | 13 replies
There are tricks to the trade that can boost ltr income as well.
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12 October 2023 | 20 replies
If you consider the market you are in, it’s housing stock, economics etc… and are able during this time to get something 30-40% below what was trading just 20 months ago, that’s a great investment.