All Forum Posts by: Joe S.

I bought ten SFH back in 2011-12, lucky timing for me. I stopped buying when the market improved (big mistake) thinking I would wait for the next downturn - and I've been waiting ever since. Now I have finally slowed down from my real job and have been saving my money so I am working hard to acquire more properties. I have had a great experience with my SFH, great renters, always 2yr leases and very low turnover and minimal calls. That said I keep hearing and seeing everyone say that once you get to 10 houses should definitely move toward multifamily for higher returns. My concern is that I will have much more work from shorter leases, more turnover, conflict with tenants in the same location and potentially more calls from tenants. I really want to give it a try, but just not seeing it so far. Let me know your thoughts! Thx Jim

Thanks to everyone! All good advice!!

 Thanks Daniel! 

Yes, I'd be happy to talk about Owner finance documents and we do send out demand letters--what type of demands?

@Joe S.

Greg Lehrmann - Apiexchange.com

Investment Info:

Large multi-family (5+ units) buy & hold investment in Houston.

Purchase price: $10,000,000
Cash invested: $100,000

Syndicating 200+ unit Multifamily Apartment Complex. 506B rules allow up to 35 non-accredited investors. Contact me for further details

What made you interested in investing in this type of deal?

Multifamily is my sole focus

How did you find this deal and how did you negotiate it?

Skill

How did you finance this deal?

Skill

How did you add value to the deal?

Skill

What was the outcome?

Expect 12%+ annual return for the duration of hold investment

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes