All Forum Posts by: Percy N.

@Garry Scott how much are you looking to raise? 

If you are looking for passive investors, you will need to do a Reg D or Reg CF or Reg A or Reg A+ raise and follow the SEC laws.

There is a lot of information on BP about fund raising but it is always more challenging than it sounds, especially the first time around.

We have the Amex Platinum Business card for typical business operating purposes.

We also had an Amex blue for a property to try it out.

The main perk I like is the lounge access that can come in handy depending on where you are traveling and how often.

You get 100K+ points with their intro offer. There are other credits for TSA/Global entry and Clear as well.

Have used the points on Amazon, etc. I know we can swap them for hotel and travel but don't have the time to jump through those hoops.

Make your offer based on your best underwriting, not what the seller or broker wants - they benefit from a higher purchase price, not the operations of the property.

@Gabriel Craft, I would start by learning more about the asset class.

If you wish to scale via multi-family, I suggest investing as an LP in some deals (syndications or funds) first.

Many of our investors are high-paid W2 employees to focus on their jobs while passively increasing their net worth.

People often underestimate the time and effort to switch to the sponsor side, so make sure you fully understand what is involved before leaving your current profession.

@Michael B. it is unlikely you will find a good property "half off" in this market.

Cap rates will increase in a bit but not significant enough to get you 50% off unless it is a foreclosure (even then it is unlikely).

A little more context as to the number of units and type of coverage (P&C, Liability, etc) would help provide better answers.

@Nadine O. what type of investing are you interested in (e.g. market for STR may be different than flipping SFR, which may be different than MF)?

We have had good success with MultiFamily in the Huntsville market.

US News recently named it the best place to live for 2022-23.

https://realestate.usnews.com/...

Many people start out using the Michael Blank templates and then move to move sophisticated models.

@Ryan A Shumaker, a lot will also depend on the nature of the project and market.

Is it a value-add, core plus, core, etc.

Often people confuse the preferred return for cash distributions during the hold period (which may or may not be the case) and I always try to clarify that for the newer investors to set the proper expectations.

There are many packages to streamline the investor management process.

A few of them have been mentioned about but will also add Realpage's IMS to the mix.

As @Badri Malynur said, Avestor seems to have some interested features and I recommend looking at that as well.