All Forum Posts by: Joshua H.
Joshua H. has started 5 posts and replied 36 times.
Post: Starting a real estate private equity firm?

- Pittsburgh, PA
- Posts 37
- Votes 29
@Bellman Tumasang there is really too much to unpack here with such a broad question. I would advise reading several books on it and partnering with someone in your market in the industry. PE is not like syndication where you can just grab a bunch of people and shoot from the hip. The expectation is that you are the cutting edge of performance.
The premise is similar and you're on the right track
Post: Attn Finance Nerds: Advanced Financial Modeling Question

- Pittsburgh, PA
- Posts 37
- Votes 29
Post: Attn Finance Nerds: Advanced Financial Modeling Question

- Pittsburgh, PA
- Posts 37
- Votes 29
@Joshua Dorkin I haven't heard much discussion on this, if any, on the podcasts. I know you probably get swamped with tags. Do you happen to have any resources here??
Post: Attn Finance Nerds: Advanced Financial Modeling Question

- Pittsburgh, PA
- Posts 37
- Votes 29
Hello all,
I am very familiar with valuing real estate using comparables, DCF models, etc. I am seeking more in depth information on modeling and analyzing specific areas. Items like building permits, capital inflow, development, vacancy/eviction rates, population trends, business trends, commercial lease, time on market, supply, etc. Perhaps there's a source from REITS?
Is there anyone or any resource that someone could point me to for this kind of analysis? I'm subscribed to (what I thought was a magazine that covered more advanced topics) National Real Estate Investor, but they lack a lot of data. I'm also studying for an alternative investment accreditation (CAIA) and there is not much information.
Feel free to comment or PM me!
Post: Wait for correction?

- Pittsburgh, PA
- Posts 37
- Votes 29
@Bryan Levine I have a list of data that I plan on writing a pretty in depth blog about the Real Estate market. I do think that there is a 'contraction/correction' coming in our market. Hopefully that correction isn't flushed further due to external/foreign events (like Deutche Bank or the host of EU countries drowning in debt). We haven't had a black swan event in some time and there are a lot of moving parts to what can happen in the RE market.
With all that said, as investors we buy under 'market value' or purchase more 'distressed' properties for reasons. If you find a good enough deal it wont matter much how far down home values go. I personally am scaling back on marketing and acquisition
http://epicrealestate.com/episode28/ Also somewhere on his website is a list of all the documents you need for free.
He has pretty in depth & detailed information that I haven't really found elsewhere; like those sub2 documents. I don't recommend spending money on tutorials when you could spend that money on books BTW.
@Christian Cabrera If the market in your area is right you could've rented the home perhaps with a longer term to pay down the mortgage and find a buyer. I see that this was 3 months ago... have you taken any more steps toward investing?
Post: Section 8 housing

- Pittsburgh, PA
- Posts 37
- Votes 29
@Account Closed Yes, for the non profit that I have worked with will grant you the deposit as long as you don't hold the deposit against unpaid rent. So it is for against wear and tear, painting, repair, administration costs, re-carpeting, etc.
Post: Wholesaling with no money or experience

- Pittsburgh, PA
- Posts 37
- Votes 29
@Candace Jones You can find all these answers in Biggerpockets guide to How to Start Wholesaling
Post: Section 8 housing

- Pittsburgh, PA
- Posts 37
- Votes 29
@Account Closed No I do not believe that they do. Though there is a condition that you are not allowed to hold the security deposit against them if they do not pay rent... But I'm sure there are probably things to charge off in that instance.
America :)