All Forum Posts by: Azeez K.

@Joel Owens will PM you the criteria. 

@Karen Petty look forward to seeing you. It's cool that your son is interested in REI..looking forward to networking with you.

Thanks

 @Marvin McTaw

Long time man! Hope all is well. Man just pop and drop anytime you want mix and mingle with few investors for as long or as little as you want. Would love to hear what you have been up to lately. 

@Joel Owens Thanks as always for your guidance and valuable insight. We are looking at some strip malls as well if you have potential strip malls kindly let us know. 

@David Begley Thanks for your kind words. We look forward to catching up with you. Can't wait to hear what you have going on in the area. Look forward to catching up. 

@Thomas Whitehead - Look forward to seeing you

@Teri Khimani Where to register? Register Here

@Ludmila M. - Will certainly keep you posted. Thanks

@Account Closed

Hi @Tony Kogan

Welcome to BiggerPockets!

In case you missed we are having a Atlanta: BP Networking Open House - Multi-Family Investing scheduled on Dec 05, 2015 from 9:30 - 12:00 pm

If your schedule permits come network with fellow investors here in Atlanta. 

Below are some new member tips:

Here are some new Member Tips

Tip # 1: How to Use @Mentions on BiggerPockets

Tip # 2: Setting up Keyword Alerts

Tip # 3: 25 Tips for Real Estate Success

Tip # 4: Check out the Start Here page

Tip # 5: Check out BiggerPockets Ultimate Beginner's Guide

Tip # 6: Listen to BiggerPockets PodCastDon't know which one to listen first..listen to BiggerPockets Podcast 108: Building a 350 million Real Estate empire using the 10X rule with Grant Cardone

Tip #7: Votes

Two things you may find useful:

1. Home Value Estimator

2. Atlanta Video Market Updates

Look forward to networking with you around BP. Good Luck!

Greetings Atlanta BP Community!

We are pleased to announce Atlanta Networking Open House: Learn about Multi-Family Investing.

What is this event?

This event gives real estate professionals an opportunity for an on-site visit to a Multi-Family property and learn, share ideas around multi-family investing:

*Finding Multi-Family Properties

*Due Diligence

*Financing Your MF properties

*Buy, Rehab, Rent, Repeat – see it in action

*Discuss Local Market Trends and Insights in Multi-Family properties

*And discuss other questions that are not listed above.

What to expect?

• Network with fellow Investors and Real Estate professionals in the Atlanta area
• See units in different stages – Fully complete | Rehab Units | Gutted Units
• Walk around and ask questions about anything Multi-Family properties
• It’s simply an open house aimed at learning about MF investing
• Have Donuts and Coffee

Who is this event for?

• BP Members/Real Estate Professionals interested in learning about Real Estate with focus on MF Investing

When is the event?

December 05, 2015 – from 9:30 am to 12:00 pm

Where is this event: White Oaks Apartments (2771-2807 White Oak Drive, Decatur, GA 30032)

Where to register?

Register Here

This event is free to attend. There won’t be any gurus selling and CD’s, magazines or software. Feel free to stop by if your schedule permits.

@Matt Wood @Kiran K @Mike O'Connor @Todd Whiddon @Abhi Golhar @Anna Watkins @Rick Baggenstoss 

Hi @Shawn C.

Start with the basics i.e. Education

1. Financials: Learn financial concepts of evaluating a MF property. 

• Income Approach to Valuation
• CAP Rates
• Debt Service Coverage Ratio
• Cash on Cash Return
• IRR
• ..Others google
• Guidelines - 50% Rule

2. Reading: Book - Multi-Family Millions - David Lindahl | BP Blogs & Forms | How to buy a small Multi-Family Property

3. Evaluate MF Properties - Constantly look at MF properties in your area and evaluate the MF properties. The key is to identify what makes a good deal vs. a bad one. Gaining a sound understanding of the financial concepts will help you in this area. 

4. Network: Network with the following individuals

• Commercial Brokers - 
• Property management companies
• Multi-Family Investors in your area. Use the BiggerPockets meet section to seek investors in your area
• Mortgage Brokers specializing in MF properties. Understand the Financing options

5. Take Action - Place offers on MF properties 

In regards to tips for finding Multi-family properties:

1. Reach out to Realtors in your farming area and set-up different searches for MF properties that match your criteria.

2. Property Management companies - seek out a few property management companies/property managers in your farming area and inquire about properties or landlords wanting to off-load MF properties.

3. Network - with fellow investors, property managers, Realtors, wholesalers etc and let them know you are looking for MF property to acquire.

4. Auction - Periodically look at auction websites such as johndixon/hudson marshall as they have MF properties for Auction. You don't need to pay all cash in most instances as you can finance and close these properties in 30 days.

5. Commercial Site: Check out sites like LoopNet/cityfeet for MF Properties.

6. Commercial Broker sites- Check out commercial broker sites like BullRealty and individual broker sites as they sometimes list smaller MF properties could be duplex, triplex etc.

7. Craigslist - You can find some MF properties on Craigslist. However, I have never had luck with this approach.

8. Marketing - Send letters to MF property owners.

Good Luck and Much Success!

@Paul Smythe Georgia's Own Credit Union

Hi @Peyton H.

In regards to tips for finding Multi-family properties:

1. Reach out to Realtors in your farming area and set-up different searches for MF properties that match your criteria.

2. Property Management companies - seek out a few property management companies/property managers in your farming area and inquire about properties or landlords wanting to off-load MF properties.

3. Network - with fellow investors, property managers, Realtors, wholesalers etc and let them know you are looking for MF property to acquire. 

4. Auction - Periodically look at auction websites such as johndixon/hudson marshall as they have MF properties for Auction. You don't need to pay all cash in most instances as you can finance and close these properties in 30 days.

5. Commercial Site: Check out sites like LoopNet/cityfeet for MF Properties. 

6. Commercial Broker sites- Check out commercial broker sites like BullRealty and individual broker sites as they sometimes list smaller MF properties could be duplex, triplex etc. 

7. Craigslist - You can find some MF properties on Craigslist. However, I have never had luck with this approach.

8. Marketing - Send letters to MF property owners. 

In regards to 203K lender - PM me and I will send you contact information. In general the valuations for MF are high..majority of the properties on MLS or FMLS won't cashflow so look for value add and re-position type properties.

Hope this helps! Good Luck

Hi @Jamie Cochran 

There is a lot to consider when doing international rentals. I would start by researching for Cities on http://www.knightfrank.com/ . Ireland and Greece (Risky) seems to have some undervalued properties trending up. 

I believe the key is to have a strong local team with local insights and familiarity in the area you plan to invest. Hope this helps as a starting point. 

Good Luck