Quote from @Brandon Croucier: Quote from @Chris Seveney: They are more than a one man show - they are doing $10-12MM a year in lending (also have other parts of business) and have the people and systems in place includin g all above except the deal flow.How does one profitably run a PML company with numerous people only funding 10-12M a year?

I’ve been a real estate broker specializing in multi-family properties in the Cincinnati, OH market for over 20 years.While I’m not sure where you’re located, in Hamilton County, OH, where I work, the county auditor’s website provides land usage codes for all properties.

Start by joining local real estate groups, narrowing your approach to strategies like house hacking or multi-family investing, and building a team of professionals like agents and lenders.

How many HVAC systems?  

One of the first deals I had (multi in an up and coming area) my buyer was paying cash and the deal was solid.  

We share best management practices, systems & tools, and our networks.

One thing that I’m seeing it that large multi unit buildings beyond the 800k mark are all on a boiler and paying to heat the entire building ruins the numbers.

You can find solid single-family homes, small multi-families, or even short-term rental properties in high-demand areas like downtown Indy or near major universities and hospitals.Indy has strong rental demand, landlord-friendly laws, and a relatively low cost of entry compared to major coastal markets.

Zoning, buildouts, service contracts, advanced mechanical systems etc. none of which are encountered in residential.

I'd love to own a small multi in NOLA, so if you find some good pockets and info, you'll have to let me know!