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.
Robert Bishop
I am 16 trying to get into real estate and have 200k
10 January 2025 | 28 replies
Quote from @Robert Bishop: Quote from @Jonathan Greene: You are off to a great start, but a post like this is just a bat signal for anyone and everyone to pitch you something because you have saved so much at such a young age.
Rachel Hadass
Looking to connect with other mamas balancing jobs, kids and real estate!
5 January 2025 | 31 replies
Hi Rachel and all, I’m late to the post but boy was it invigorating to hear from women in my boat.I currently one 2 properties, 3 doors.
Jesse Rodriguez
Miami Short Term Rental
7 January 2025 | 0 replies
Net Income post-mortgage: $75K/year.
Daniel Hartz
Trying to refi out of a bridge loan on a SFR with tenant
15 January 2025 | 10 replies
@Daniel Hartz...it would have been easier for suggestions if you have posted the address so some of us could see if there's more equity than what is being stated.
Mike Levene
House Hacking In Expensive Markets
16 January 2025 | 23 replies
All of this from an investment of next to nothing.Take what you will from this post, if anything.
Alyssa Dinson
What has been your experience with out of state investing?
16 January 2025 | 78 replies
I like your post.
Stacey Olson
Looking for a Stellar Property Manager in Cullman, AL
9 January 2025 | 4 replies
@Stacey OlsonRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
Justin Crump
Realtor.com by Julie Taylor Market Trends for 2025
5 January 2025 | 4 replies
I haven't posted in a while, and most I talk to have stated the slack in the market and slowed down with others who have backed off on buying/investing.
Helena Goyvaerts
BRRRR - Experiences with the refinancing part for non US-citizens?
6 January 2025 | 10 replies
Hopefully, some of the lenders posting here can address that challenge...