Looking to Connect with Multifamily Investors, Mentors, and Potential Partners
Hey everyone,
I'm looking to get started investing in multifamily real estate and would love to connect with experienced investors who are willing to share advice, guidance, or potentially explore a partnership.
I'm a U.S. citizen currently living in Germany, so my plan is to invest remotely while traveling to the property to inspect it in person before purchasing if the deal meets my criteria.
I'm primarily interested in duplexes, triplexes, and fourplexes in solid B-class or C+ neighborhoods. My focus is on buy-and-hold rentals with professional property management, conservative underwriting, and strong cash flow. I'm targeting at least $200 per unit per month in cash flow after accounting for expenses, management, reserves, and the mortgage.
I currently have $50,000 set aside to get started, with the ability to continue saving and investing as I build my portfolio. I'm taking my time to learn how to properly analyze deals, negotiate good purchase prices, and avoid costly mistakes.
I'd especially appreciate connecting with investors who have experience with small multifamily properties, out-of-state investing, and remote property management. I'm also open to finding a mentor or potentially partnering with the right person if our goals and expectations align.
I'm here to learn, build relationships, and ultimately create a successful long-term rental portfolio. If you've been through this process or have advice for someone getting started, I'd love to hear from you.
Thanks!