Are there really multifamily buyers (principles) out there on BP?

3 Replies

I don't scan the forums as much as I used to, but I do see a few posts when they hit my keyword search, or someone will tag me, etc.

It really seems that everything I stumble on are people looking to start. Or trying to BRRR. Or looking for advice on wholesaling. And if someone has the 'real estate bug', it's likely their first stop is BP.

BUT...  Are there actual a decent number multifamily owners on this site?

I don't want to gatekeep what a 'multifamily owner' is but for the sake of this discussion I mean as an actual principle owner (not syndicator or investor in a group that all pitched in).  Someone that, on their own, looks for multifamily properties to buy using their own money (+ bank financing obviously) 

I know that "Swanny" guy (from San Diego, teacher, sold his condos, bought in Ohio or something) is a multifamily guy but he's the only one I can think of off the top of my head.  And I'll throw Kevin Wood into the mix even though he syndicates :)

So if you own some multifamily (for the hell of it lets say 25+ doors), let me know.  I'd love to be able to network with some others who are involved in this space. 

I own commercial/industrial, multifamily and self storage properties, some I own myself, some JV and some syndicated. Total over 500+ units. The best part about REI are the multiple avenues it offers.

Originally posted by @Paul Choi :

I own commercial/industrial, multifamily and self storage properties, some I own myself, some JV and some syndicated. Total over 500+ units. The best part about REI are the multiple avenues it offers.

Totally agree. Lots of ways to get involved in REI. But it seems a decent % of the focus of this site is multifamily. Yet it seems there are very few that invest in it. I'd go as far as to say 90+% (guess?) of the people on this site don't own any investments. The site makes a killing off these people

Originally posted by @Cody L. :
Originally posted by @Paul Choi:

I own commercial/industrial, multifamily and self storage properties, some I own myself, some JV and some syndicated. Total over 500+ units. The best part about REI are the multiple avenues it offers.

Totally agree. Lots of ways to get involved in REI. But it seems a decent % of the focus of this site is multifamily. Yet it seems there are very few that invest in it. I'd go as far as to say 90+% (guess?) of the people on this site don't own any investments. The site makes a killing off these people

Yes agree. Multifamily is the easier to understand and most make the transition from SFH to multifamily, which is the reason that asset class is the main topic of discussions. Commercial, industrial, self storage, etc are completely different animals and have a different set of DD and analysis involved.

I can guess that alot of the larger investors and operators don't post much on BP because most of the content (both by posters and BP content) is geared towards newbies.