Real Estate Investor · Colorado Springs, CO · Member since 2016 · 3 posts · 1 vote
Hello! My name is Sam and I am new to real estate and this forum. After unsuccessfully looking for multifamily homes near the University of West Florida I purchased an acre in an amazing location. The plan is to build 16 2/2 apartments. I realize that this is an ambitious first approach into real estate investing but I seem to like making things difficult. I am also in the military stationed in Europe so that makes everything even more challenging. Currently I am working with a local contractor who has experience building multifamily homes and has been straightforward and reliable. I hired an engineer who drew up a property plan and is meeting with the county to gain approval. Then the contractor can begin gathering estimates and getting me more accurate costs. Then I can begin the hard part, getting this thing paid for.
This being my first experience I have a lot of questions and am open to any advise from more experienced investors. Thanks for having me and I look forward to learning all that I can.
Investor / Wholesaler · Nashville, TN · Member since 2014 · 1k+ posts · 667 votes
9y
Welcome, I invest in Pensacola as well so if you ever need any recommendations on subs or have questions let me know. I mainly wholesale single family homes but I am a landlord and flipper as well. Shoot me a PM if you have any interest in getting on my buyers list.
Good luck on the apartment building and I wish you a lot of success!
Investor · Spokane, WA · Member since 2014 · 733 posts · 155 votes
9y
@Sam Bassin congrats on taking action. I am also stationed overseas in Europe. Though I don't invest in P'cola @William Allen does and id suggest giving him a call, skype, FaceTime or something to gain some knowledge. I'm getting ready to PCS to Keesler AFB in a few months after I complete OTS @Maxwell AFB. Hit me up if u have questions