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All Forum Posts by: William Costello

William Costello has started 21 posts and replied 190 times.

Post: Detroit. Detroit. Detroit

William CostelloPosted
  • Indianapolis, IN
  • Posts 193
  • Votes 150

@Kimberly Johnson have you ever thought about Indianapolis, IN? or a market like Columbus, OH? 

Post: Atlanta multifamily investors

William CostelloPosted
  • Indianapolis, IN
  • Posts 193
  • Votes 150

@Eduardo Calle congratulations on your success so far. Have you thought about being apart of a REIA or considered syndication? It is a great way to connect with people in the Atlanta area and syndication is a great way to invest without doing the heavy lifting of executing the business plan. Hope you are doing well

Post: CAP Rates for cities or areas

William CostelloPosted
  • Indianapolis, IN
  • Posts 193
  • Votes 150

@Harold Curtis it all depends on the area within the market and markets vary from location to location. Learning the market and knowing someone and networking in that market is important. Good luck!

Post: which Real estate Market is hot ?

William CostelloPosted
  • Indianapolis, IN
  • Posts 193
  • Votes 150

@Aman Shahi Midwest and Southeastern United States is very popular right now. Midmarket cities located in the Midwest like Columbus, OH, Indianapolis, IN, Kansas City, MO are all worth checking out. Have you thought about syndication? 

Post: Investing in state capitals

William CostelloPosted
  • Indianapolis, IN
  • Posts 193
  • Votes 150

@Abraham Kaplan anything in the midwest is great! Indianapolis, IN, Columbus, OH, Madison, WI or Raleigh, NC. I am based out of Indianapolis, IN so if you would like to talk about this market let me know 

Post: Hotel Conversions to Multi Family

William CostelloPosted
  • Indianapolis, IN
  • Posts 193
  • Votes 150

@Jeffrey S Helms my firm has done a condo to apartment conversion but I have heard of some hotels being converted to multifamily projects. Location is definitely something to think of when you are looking to convert. Good luck!

@Alysha Johnson have you ever thought about syndication? It is a great opportunity to get into multifamily particularly in the larger scale without having to do all the heavy lifting yourself. Good luck and congratulations! 

Post: Syndications and Private Funds

William CostelloPosted
  • Indianapolis, IN
  • Posts 193
  • Votes 150

@Adam Bielous what would you like to learn more about or have questions with?

@John Gach it does depend on your goals and what you are looking to accomplish. If you were looking to go big, have you thought about syndication at all? It is a great way to invest in a larger property that one may not be able to obtain alone and without doing all the heavy lifting going out on your own. In addition, finding a great mentor that has experience is always helpful. It is a relationship business at the end of the day. Good luck!


Post: 1031 and Syndication?

William CostelloPosted
  • Indianapolis, IN
  • Posts 193
  • Votes 150

Hi @Diana Dorantes, is there a particular region in the country you are looking for to invest in? But syndication is a great tool to begin investing in multifamily projects. Some syndicators allow 1031 but the majority don't. If you have anymore questions please let me know. Thanks