All Forum Posts by: Tj Hines

@Yonah Weiss, this is definitely a great platform to form and nourish relationships with other like minded individuals. I took about a month off from online social platforms. Now I'm back at it

Hi @Grant Cardone! Looking forward to your contributions on Bigger Pockets. Happy Investing

@Adrian Fajardo

1. Do use the capital to build more capital? (This is a viable route to go, but may take a little longer to reach your goals)

2. Partner up to get into larger multifamily? (I feel partnering with others on larger projects with the right operators of course can help you accelerate your financial goals)

3. Buy more 4plex and use conventional loans? (This isn't a bad idea. The ultimate question here is, how quickly can you scale up)

@Nhi Nguyen if you feel that the current mth to mth tenants are hindering your game plan. Pay them to move. This usually works. Or simply give them a 30 day notice that you will not be renewing their lease. Not sure if 30 or 60 days notice is needed in your jurisdiction. Follow up with an RE attorney.

@Jeff Quinlan the investor may have one holding company that he uses as the umbrella but still has each property in a different llc under that umbrella. But yes typically you want to have separate llc's for each asset. Good luck

@Marilin Matos congrats on your journey! To find the resources you're looking for, seek out all of your local real estate clubs in your area. Here you will find investors that already have the resources you're looking for. Network and build a relationship with them. Everyone is pretty helpful in these clubs. You can find them on meetup.com in your area. Good luck

@Adam Ferro the funding is out there. More than likely it won't fall in your lap though. The debt side of funding depending on the deal you may be able to attract agency debt or conventional debt through a community savings and loans banks in your market. For equity, that will come through personal private relationships that you have in your network. If these relationships are not available, it's okay. You gotta start somewhere. Go to conferences and mutifamily workshops that are being offered across the country. You can network with experienced operators and passive investors who are looking to diversify into real estate. Good luck

@Nhi Nguyen Me personally wouldn't buy anything I couldn't see my self living in. Put yourself in the tenant shoes. Would you want to hear trains horns and trains passing by 2-3 times a day. Good luck

@Lance Nelson

My question is, how many of you bought your first multi-family deal off MLS compared to off-market deals and how did you find those deals? (The best deals you can acquire are off market. Use Listsource.com to pull your exact criteria of deals you're looking for. Skip trace the LLCs for owners name. Then send emails, text messages and cold calls to increase your chances to get in contact with the owner. Also build and network with wholesalers in your area who also come across off market inventory)

@Dennis Nikolaev that is correct!