All Forum Posts by: Jennifer Beadles

Looking to up your real estate investing game and venture into apartments?

Have you always wondered how investors are acquiring 100+ unit properties?

Did you know that on some apartments, you can put 20% down, finance in the renovations, and often get a non-recourse loan?

Did you know that in some areas, apartment units are going for between $30,000 - $60,000 a unit?

This month is all about apartment complexes, and we'll cover everything from 5 units to 100+.

Elisa Zhang has been investing since 2009, she owns 24 units in King & Pierce Counties, and has passively invested in over 600 units and has syndicated over 200 units.

Elisa is going to share on how she finds & analyzes apartment complexes locally, and out of state.

Joe Whitesel, President & Founder of Northwest Commercial lending is going to share about he can finance your commercial loans. He can handle anything from $150,000 to $10 million +.

We'll also be sharing a few recent apartment acquisitions from group members so that you can get an idea what kinds of deals are out there.

Feel free to bring your friends, significant other and co-workers!

• What to bring
Bring business cards, and get ready to network with other awesome investors. If you want to take notes (we have a TON of info for you) be sure to bring a pen and paper.

• Important to know
Please come hungry! Diamond Knot Brewpub has amazing food & drinks, and we do have a minimum food order we have to meet to use their space :)

Great opportunity to purchase a remodeled cash flowing duplex with the ability to develop into a multi-unit/mixed use property in old town business district 3 zoning. 

Located directly across from the centennial trail in desirable Arlington WA, and within walking distance to shopping and restaurants, this property is a great rental with tenants in place and room to add value. 

Both units are 2 beds 1 bath with laundry in units, and have brand new carpet and new interior paint. There are two detached outbuildings, could be rented out separate.

The duplex sits on 4 lots, and per the City of Arlington mixed use with retail and apartments above is allowed, or you could likely build up to 6 townhouse style units. Sewer is on both streets, lots are flat, would be an easy build. 

MLS: 1331567

Agents Invest Listing Broker 5873

For more information call email [email protected]

@Leon Li Here's the updated link https://www.meetup.com/Addicted-to-ROI/events/251765927/

@Jose Castillo Yes, you just have to upload the data to the system and call away :)

Due to popular demand on this topic, we are dedicating an entire meet up to discuss the supported living program.

Brian Smith, COO of the Volunteers of America will be speaking at this meet up, and sharing from the provider's perspective about the supported living program.

The benefits to the landlord include: Long term tenants that stay between 10 - 15 years, all utilities are paid for (even with multi-units) in the program, turn over expenses are eliminated due to the long term tenants, and vacancies are covered by the provider. Each tenant also receives up to $12,000 in property modification funds should the property require ramps, hard surface flooring, grab bars, etc. In some cases, having supported living tenants increases your cash flow by 30% or more!

You'll have the opportunity to ask Brian questions, and learn more about their housing needs.

There is a growing demand for additional housing units for these tenants, and if you own properties, this is a meet up you need to attend!

To register, please RSVP on Meet Up using this link.

If you are a savvy real estate investor who is looking for the next hot area to invest in, this event is for you. Not only will you get to spend a weekend with other experienced local and out of state investors, but you will experience first hand all that Oklahoma City has to offer.

We've gathered the most experienced speakers on multiple topics who will be sharing their valuable insight for a portion of the day, and we'll also will go look at properties and explore the Oklahoma City market.

Learn from local real estate investors who are having great success in Oklahoma City!

Builder/developer with over 35 years of experience in OKC market. Has built over 40 homes per year for the last 20 years and currently owns & is working on 7 developments, some with over 100 homes in the development.

Home investor/general contractor who bought, rehabbed, and sold 35 properties last year alone.

General contractor who started his career as a home builder, now currently rehabs 60-75 properties per year plus owns a restoration company for homes that have been through storms, floods, & fires.

Title company representative who closes over 250 deals/year for investors

Real estate investor & syndicator from Dallas, TX who owns 480 units in multiple states

Additional topics include:

How to use the BRRR Strategy in Oklahoma City

Completing out of state renovations, meet the local contractors

Achieving double digit returns with no work involved

Finding off market deals in a hot market

Generating passive income through apartment complexes

How to analyze an apartment deal

What makes a good market

Real estate syndication, what to know & how to invest in them

This event will be an immersive and invaluable experience taking place over two action-packed days in beautiful Oklahoma City, Oklahoma.

Collaborate & network with other experienced investors from all over the country who share your passion for passive income & investing in real estate.

Each day will be made up of engaging keynote presentations and panels from some of the brightest minds in real estate. The event is designed to take you on a step-by-step journey through every point in real estate investing — from determining your strategy, to running proformas and underwriting deals, to making offers and acquiring units.

You will receive exclusive access to off market investment opportunities during the trip, and be able to walk through several properties for sale.

As an added bonus we will have a few memorable activities planned throughout the weekend so be ready to have some fun and try something new!

6pm-8pm: Networking Happy Hour at Hotel

8am-9am: Event Check In & Breakfast at Hotel

9am-12pm: Speakers & Panels

12pm-1pm: Lunch

1pm - 5:30pm: Off Market Property Tours

6pm: Top Secret Activity

7:30pm: Dinner

8am-9am: Breakfast at Hotel

9am-12pm: Off Market Property Tours

12pm-1pm: Lunch

1pm - 3pm: Speakers & Panels

Aloft Oklahoma City Downtown

209 North Walnut Avenue

Oklahoma City, OK 73104

Phone: 405-605-2100

In the heart of the entertainment district, you’ll find Aloft Oklahoma City Downtown - Bricktown. Enjoy the close proximity to popular attractions such as the Chickasaw Bricktown Ballpark, Bricktown Canal, Cox Convention Center, and the Myriad Botanical Gardens are just minutes away from our Oklahoma City hotel.

To Register or For More Information Visit This Link. 

Hey all, Just a reminder that this event is now being hosted at Diamond Knot Brew Pub in Mountlake Terrace instead of Total Wine and More. Looking forward to seeing everyone tomorrow night!

This month our speaker is Scott Hasselbach who will be sharing how he invests in buy and hold rental properties while working at Amazon.

Scott has been investing for three years, and in that time he has acquired 21 rental units while working full time as director of Amazon Pickup.

Scott will be sharing about the systems and processes he's put in place to be able to acquire so many units in such a short period of time, with a limited amount of time to do it.

This meet up is perfect for anyone wanting to build passive income streams, get more efficient with their investing strategy, and learn how to invest while working full time.

• What to bring
Bring business cards, and get ready to network with other awesome investors. If you want to take notes (we have a TON of info for you) be sure to bring a pen and paper.

• Important to know
Diamond Knot Brew Pub is allowing us to use their banquet room with a food & beverage minimum. We encourage you to come hungry and bring a friend!

Please RSVP on our Meet Up Group Page so that we can ensure we have enough seating! https://www.meetup.com/Addicted-to-ROI/events/2499...

@Bryan Easdon pull the county or city zoning maps and give those to your agents. Most municipalities have a zoning map online, and then all the agent has to do is draw their own map in the MLS. It's super easy.

@Aditya Veluri Welcome to BP! 

The majority of my portfolio is North of Seattle (mostly Snohomish County and 2 duplexes in Skagit) and you're right, most of the time the numbers just don't make sense. It's rare, but occasionally you can find a value add play where you'd be buying into a property with much lower than market rents where you have to do a renovation in order to get higher rents, and then you can get the 1% rule. But that takes a lot of effort.

I'm focusing on Spokane, Oklahoma City and Indianapolis. 1% rule is pretty standard on most properties in these areas, and there is still room for a value add where you can get 1.5% or higher. 

Dallas is tough due to high taxes & insurance rates, Memphis has a declining population and high crime but you should really check out other midwest cities with strong population growth and low taxes/insurance/crime rates.

Hope this helps!