All Forum Posts by: Natasha Jansen

@Alecia Loveless I don’t put much weight on sales comps when looking at MF. 2 exact buildings can be side by side and be worth two totally different prices based on the income it produces. I focus more on the cash flow analysis. If the numbers look good, I base my offer on that. You mentioned that your original offer would provide you with a really good deal which is ideal of course, but I know for me in my market, a really good deal is near impossible to find right now - the market is super hot for the size MF I invest in. If at the counter price, the numbers still make sense and you’re still getting a “good deal” as you say, then I’d go for it! Feel free to message me if I can be of any more help.

@Bud Gaffney thank you!

@Bud Gaffney Merry Christmas! This year I plan to purchase an investment property each quarter while working on a multi-family apartment complex development project 🥳

@Jason Baker hey! I’m in FL also and have been looking at Multifamily complexes for about the least year. Others are right about what you can expect to get with $400k down. I’ve been looking in that same price range too. I can tell you from my experience, the market is super hot for these types of properties. Listing prices are more than a cash flow analysis would warrant, yet somehow people are still buying them! I’ve put in about 2-3 offers at asking that were turned down because I wouldn’t waive inspection when others are offering no contingencies. Best odd luck to you and feel free to reach out if you have any questions about our local market or otherwise.

@Brandon Chaney I think at some point those people were convinced that the only way to get a deal is to purchase off-market and then they just refuse to look at market listings. They may also think that if something is on the market and under priced, it’s a sales tactic to create a bidding war and that the price will eventually come up (and over) market value and they don’t want to put themselves in that position. Not sure, just my guess!

@Deisy P. Im totally with you!

I have a male partner (more of just an equity partner) but I do pretty much everything myself. I’ve taken meetings before and had men ask me if my husband would be joining us...um no. So I get where you’re coming from with that.

What helps me is I have a team of people that have all been referred to me so I’m confident in working with them (sorry that didn’t work out for you!) In the instances where I would have to look for someone, I get multiple quotes or consultations to make sure I have options to compare and choose from.

I also spend a ton of time educating myself on different things related to the business so I can speak intelligently on topics but also so I can pick up on when someone may be being untruthful or are just uneducated on something themselves when they should be.

I also think having a PM as some have suggested may be a good option if the numbers make sense. Personally, I’ve never had one but I’ve considered as of late for specific properties that I might otherwise turn away from.

Anyway, not sure if that helped at all or not but feel free to send me a message any time! Not enough of us ladies in the business (especially solo) and I’m a huge believer in creating a supportive community.

Natasha