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All Forum Posts by: Amy Heitner

Amy Heitner has started 24 posts and replied 145 times.

Post: Is the Pandemic affecting your business? No trolls please

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

I really appreciate some of the comments here. Thank you @Heather O.and @Terrell Garren for your compassionate approach.

Post: What will be the impact of the Coronavirus crisis on real estate?

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

Phil Anderson, author of the book ‘The Secret Life of Real Estate and Banking,’ who's conducted rigorous historical research of the real estate cycle and its relationship to banking, concludes that, as bad as it seems now, this crisis is a 'mid-cycle' downturn.

He says, C-19 is often compared to the 1918 Spanish Flu crisis, yet that downturn was followed by the greatest bull market of all time during the 1920's.

Post: No multifamily properties in Indianapolis?

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

Hi @Gerardo Waisbaum,

The 'Emerging Trends in Real Estate' 2020 report from Urban Land Institute and Price Waterhouse Coopers has the following encouraging things to say about Indianapolis...

"This year sees an upward step for Indianapolis’s 16th place in overall prospects, up a few positions from a year ago. One local broker notes,“Indy is a vibrant place to grow industrial. There’s more spec construction in industrial than we’ve ever had; it appears the demand will support that.” Another broker concurs: “People who wouldn’t consider Indianapolis five years ago are now looking to put money in the market.” Indianapolis is rapidly reinventing its downtown, with vigorous levels of rental apartment and condo development—prompting a construction boom in downtown offices. Tech firms now lead the pack in employment growth. The emergent signs of an 18-hour city cannot be missed. Local sentiment places Indianapolis 10th in the nation for development/redevelopment opportunity. Indianapolis is one of those markets whose national investment market share since 2016 and through mid-2019 is right in line with its 0.6 percent share of national population."

Post: Your Investment Strategy For The 2020s

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

Your Investment Strategy For The 2020s

What will you shape your investment strategy for the decade ahead? 

What macro trends will you be paying attention to? 

What will be your ‘who, what and where’?

I’ve just finished reading Fundrise’s excellent end of year letter to investors for 2019 that they published on Jan 16, 2020.

Part of that letter refers to how they formulate their general strategy as to where to invest. 

They also hint at what their investment strategy will be for the 2020s.

So how can the philosophy and principles behind their investment strategy for the upcoming decade help you to shape yours?

Find out in our latest blog article, ‘What Should Determine Your Real Estate Investment Strategy For The 2020s?

Post: First deal and syndication

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

Hi @Jared Lomker,

Many that are expert apartment investors today, started out with passive investing. This gave them an introduction to the real world of investing and enabled them to build on their education in the world of multifamily investing before taking on active investing.

As a passive investor, you can legitimately ask questions of the sponsor. Depending on the amount of money you invest, the sponsor will be willing to spend some time educating you about the deal.

You can ask to see the deed, the market research, the underwriting, the appraisals, inspections, and property financials, and ask questions about each aspect of the deal.

Ideally, you will be furthering your education and getting a good return on your investment at the same time.

Wishing you all the very best!

Post: How to Raise Money for Multi-family Property Investing

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

How to Raise Money for Multi-family Property Investing

‘How will I raise the money?’ is the multi-million dollar question for investors who are looking to level up to multifamily...literally.

It's a question that experienced syndicators continue to face.

So whether you are going it alone and buying an investment apartment or you will be heading up a joint venture or syndication, how do you get the money to fund that deal? Find out now, ‘How to Raise Money for Multi-family Property Investing’.

Post: New Investor- Looking for advise on Education

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

Hey @Tatiana Litvinenko,

Great post, you sound like the kind of fair-minded investor that many syndicators would love to work with.

@Joe Fairless also gets my vote for his excellent resources including this very helpful page on his site entitled 'Resources For Passive Investors.'

Scroll down to see 'investment strategy', 'specific deal', 'team' and 'market' FAQs.

Post: How do you find the motivated sellers to market to?

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

Hi @Ben Feder,

Here is an article that might help, 

https://donedealwebsite.com/how-to-find-motivated-sellers/

All the best.

Post: Multifamily Investor Analysis Paralysis – How to Move Beyond it

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

Multifamily Investor Analysis Paralysis – How to Move Beyond it

It’s one thing to read about the principles of real estate investing in books but can you move past that and apply what you’ve been learning?

We all make mistakes and no one begins perfectly but by taking one small step at a time you can avoid costly mistakes and still maintain momentum.

An important step toward bridging the gap between theory and reality is to get your multifamily investor website up and running. Then you will have the online presence you need to be able to start making deals.

There is no easier way to do that than with Apartment Investor Pro.

Click on the link Apartment Investor Pro to get started.

Post: Financing rental properties and market crash

Amy HeitnerPosted
  • Specialist
  • Huntingdon, PA
  • Posts 149
  • Votes 141

Hi @Jonathan Perez,

I know it's not the direct answer to your question but I was interested to note the comments of David Greene on Bigger Pockets podcast episode #353...

After his guest said that he thinks the 'crash' is 2-4 years away, David said that if rates go from 4% to 6% or 7% then no one is going to want to move. But as long as interest rates stay low David doesn’t see anything changing but once rates start to change that is one of the markers he is looking for as an indicator.