All Forum Posts by: Joseph Bramante
Joseph Bramante has started 11 posts and replied 152 times.
Post: Bought 146 unit to end the year!

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Kevin Dean for our current deal under contract, we looked at 80 properties and finished in top 3 on 4 of them. It’s tough out there and you need a very sharp pencil. Right now you need to be focusing on debt and long term hedging to protect your exit on deals.
Post: Fair amount to pay for having an LLC setup?

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Lee Haenschen we use incorp.com and have about 20 LLC s with them.
Post: Rural Multifamily, who is doing it?

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Joel Florek we are developing a 168 unit $21m property in a rural market that hasn’t had new construction in 30 years. The fundamentals are solid though but always scary investing in emerging markets. Most people will challenge your decision. Not for the inexperienced or starting investor.
Post: Rural Multifamily, who is doing it?

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Joel Florek just reiterating what others are saying. Less competition and possibility to really excel in the market over less experienced operators but the exit risk is much greater. Less buyers for a rural market. Prepare for the long haul.
Post: Steve the newb from Montgomery Texas

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Steve Taylor Welcome from Houston!
Post: First investment renovated and rented!

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Karam A Tascoe good job!!
Post: Top 10 markets for 2019 as per Realtor.com

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Terry Lao these are the markets to avoid in 2019. Why would you want to go to a market that was just published as being “hot”. Don’t follow the crowd. Follow the data. And maybe your market isn’t hot right now but it’s your home town /nearby market and is simply cycling right now. I say stick with it. This is real estate not stock. We are in it for the long haul.
Post: Close Feb9 112 units 2015 YOC 5yr hold 18%IRR 2x eq 7%coc Houston

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Alex Hamilton hmmm. That’s not how I interpreted your post. Please private message me and maybe we can make a deal.
Post: Ways to invest 500k?

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Marcel K. Invest as a passive w an experienced syndicator. Lowest risk and only slightly less return vs syndicating yourself especially if you are just getting started.
Post: Finally closed on our first multi family building!

- Developer
- Houston, TX
- Posts 157
- Votes 132
@Ryan Johnson Thanks for the add. Sorry i can't message you, at my 10 message per hour limit. Feel free to email me about my current ad.