All Forum Posts by: Justin Stamper

I cannot speak for any other market than Cleveland, but we have had good luck with the multi family we own in our portfolio at the moment. We have been able to pick up good MF in C class neighborhoods for less than 50k a door and have had good tenants and rental rates keeping us around or above a 8% cap. We are currently renovating a few MF buildings that we will eventually sell "turn key". Shoot me a DM if you want to talk more about MF in Cleveland, always happy to talk shop! 

Also @Michael Swan sorry i didnt get back to you on those apartments, they got tied up with some probate drama but I'll keep you posted! either way lets talk soon mane!

Hey Ned, I'd be happy to add you to Blueprint Real Estate Groups wholesale list, and introduce you to an investor friendly realtor in the Orlando area, just go ahead and shoot me a DM with your email address and we can get started.

hey buddy. you left your shoes at my place last night! haha!

There are plenty of areas nowhere even near disney that are great investments. BUT that being said, its all about what price you can purchase the asset, and what you plan on doing with it. Our rental market tough right now to pick up great rentals, and our flip market has a ton of competition bidding on properties. A lot of my friends are either sitting on the sideline, or are looking into other markets at the moment. We personally dumped our rental portfolio here except for 5 houses and have been purchasing out of state instead. 

^false.

Originally posted by @Chad U.:

I just a tape of loans last week with over 550 spread out across numerous states.  This fund bought between 2009 and 2012 so now looking to unload at 3x or more what they paid.  

Were they trying to unload them to you? Are they looking to sell the entire tape, or do you think they will end up listing them on MLS?

I would love to see this thread get going again and see if and where hedge funds are buying at in the USA in 2018 @Jay Hinrichs

A lot of great post here. I dont know what I would do with myself if I actually tried to stop working. Talking shop is one of my favorite conversations and I don’t think I could ever give that up. Have been collecting rental properties along the way while still practicing real estate in Orlando and Cleveland. Maybe one day I’ll hang this hat up, but for now I am 28 and am not finished yet!

I feel like ive just read a bunch of verbal farts and ive throughly enjoyed it. Thank you William. Lets collect some discount rent! 

Hey @Anthony Bernabei

check out the Climer School of Real Estate when you get to Orlando. They are great.