All Forum Posts by: Russ Scheider

@Courtney Richards If you could share the address of the property privately, I can give you local knowledge/analysis of the market.  

Thanks @Danny Randazzo for the mention!

@David Lilley In March 2019 I assigned a contract for purchase of a 12 unit apartment complex in South Carolina. The owner/manager had died and his widow was not interested in managing the property. I have wholesaled other 8-12 unit complexes in years past. I have the resources to close most of my deals myself and can provide POF and other credentials. I simply don't want to take on the major rehab or property management. In my experience, the wholesale market exists to serve the distressed seller (mostly mom-and-pop). In my experience, these are typically 24 units or smaller and poorly managed (usually self-managed).

I would not expect to wholesale a Class A 100 unit apartment building, although it certainly could be done.  Your point is well-taken.  If 99% of  multifamily owners are seeking top dollar, we serve the 1%.  Not low-hanging fruit by any means, but I do 1-3 of these small commercial deals per year.

@Danny Randazzo Thanks for the shout-out.  

@Frank Bonzai, I have assigned contracts on residential, commercial, and multifamily properties as well as vacant land.  I have a good friend who wholesales boats/yachts using assignment of contract.  The property class does not matter.  

I am an investor.  lets work together.

Hello @William Brien  Let's talk!  Thank you @Danny Randazzo for the introduction

@Carlisle Edens lets connect!  Thanks for the mention @Danny Randazzo

Thanks for the shout-out @Jay Hinrichs.  @Cheryl Grover  Let me know if I can help you in any way.

@Logan Roberts Let's connect!  My phone number is in my BP profile.  Thank you @Andrew R. Lucas for the shout-out

Search "Charleston Mastermind" in the marketplace.  You will find some events there.