All Forum Posts by: Jeffrey Donis

Hey Carla!

Welcome to BP! I am in the NC market so I am not to familiar with the DFW market, however NC is a growing market and is very landlord friendly! Let me know if you have any questions or concerns when it comes to this market :) - looking forward to connecting! 

Thanks.

Jeffrey Donis

Couldn't agree more! 

I hadn't heard of Hal Elrod- I will make sure to check him out!

 Thinkmultifamily is a program that is based out ot TX but they work with people nationwide. I am in NC for example. Full disclosure, I am new to the group, however I have loved it since I joined. I have learned a lot already, been able to get in touch with multiple people in the group and the majority are actively doing deals (and as I am sure you know, the more people who are in the business that you surround yourself with the more you can learn and grow in that direction). They are willing to help out in any way they can- and the leaders of the program are extremely responsive, nice, helpful, and successful. If you are serious about it check it out! It does cost to get FYI however almost all do. 

Let me know if you have any questions or concerns! PM me if you have any more questions.

Thanks!

 Of course! 

If you would like to discuss further, let me know! I am always open to helping out in any way I can. 

Wish you the best! 

Jeffrey

Hey! 

Systems and lead generation are two separate things- texting, driving for dollars, and cold calling are great ways to generate leads. Podio is a great app to keep track of these leads and to set up your systems in. 

The most effective way to set this up is to. set a marketing strategy that consistently brings in leads and using your Podio or CRM (Customer Relationship Management System) to keep track+ follow up with those leads to nurture them and hopefully convert them. 

Hope this helps!

I have not looked into Michael Blank's course- however I am in the Thinkmultifamily group and have enjoyed it a lot. 

It is led by Mark Kenney and Tamiel Kenney out of TX and all of the members are very welcoming. The group is very collaborative which is a major plus for us.

Definitely check them out and PM me if you have any questions/concerns!

Hey Anthony!

Just to give you some background information on me- I started in the SFR space as well- I was wholesaling, fix and flipping, and obtaining rentals through creative financing. We decided that multifamily fit our "why" in that we wanted to achieve financial freedom sooner rather than later. The economies of scale, as mentioned in previous response, in the MF space is a lot greater when compared to the SFR. For us it came down to the purpose of what we were doing and how we can achieve that purpose the quickest and in the most efficient way.

Hope this helps!

Let me know if there is anything I can do to help- PM me if you have any questions.

Thanks!

Jeffrey Donis

 Of course! Best of luck!

I have used Docusign as well as rightsignature- both have worked well!

Originally posted by @Kenneth Jackson:

Originally posted by @Jeffrey Donis:

Originally posted by @Justin Goodin:

Hey everyone,

I thought this was an interesting picture that supposedly shows the top cities that will have the most rent growth this year. Not surprised to see Indianapolis in the top 5. Indy has seen very steady rent growth year over year for a long time. Cap rates are compressing each year and I think we will gain a lot more attention in the coming years with how stable our market has been. 

Do you agree with all of the cities on this list? Are there any cities on this list that your company is targeting?

Winston-Salem is a market I am very familiar with (NC) and I agree 100%! It has been growing steadily over the past few years which is why so many investors are keen on investing there. 

Great post!

 What is driving this in the Winston-Salem market? I would understand Greensboro but found WS interesting to be on this list

Yes Greensboro is also a rising city- The Triad area has been noted as one of the top increasing rental markets, Winston seeing increases in it's job market and population consistently over the last few years, and it is a very affordable place to live. 

These are all reasons why- although it is somewhat surprising I agree. I think that NC in general is growing at a fast rate due to places up north becoming less desirable to consumers.