All Forum Posts by: Yonah Sturmwind
Yonah Sturmwind has started 7 posts and replied 27 times.
Post: Closed on 250 apartments in Houston, Texas yesterday! 2 Lessons Learned...

- New York City, NY
- Posts 29
- Votes 12
Congratulations!
How much are you spending per unit on renovations? How much do you expect to be able to increase rents by?
Post: Closed on a 48 Unit Multifamily - First Syndication

- New York City, NY
- Posts 29
- Votes 12
Congrats John!!
You found the deal through direct mailers correct? How many mailers did you need to send out? What kind of criteria do you look for?
Post: Looking for MF brokers in NJ

- New York City, NY
- Posts 29
- Votes 12
I am looking for multi-family brokers in NJ that have properties with 20+ units. Please let me know if you have any recommendations!
TIA
Post: Investor looking to network and invest in the essex county area

- New York City, NY
- Posts 29
- Votes 12
I work directly for a larger investor and we are working on connecting with broker and agents in NJ. If you know of anyone with larger properties, please send them my way!
Thanks a lot
Post: Investor looking to network and invest in the essex county area

- New York City, NY
- Posts 29
- Votes 12
Hey
I am also interested in investing in areas of Northern Jersey. I am looking for commercial properties 20+ units preferably....
Post: Pennsylvania Investors

- New York City, NY
- Posts 29
- Votes 12
@Kevin D. Do you Buy-and-hold investing or other types? I like the idea of the Lehigh Valley because its relatively close to me and I think the city is trying to do a lot to spur job growth.
Post: Pennsylvania Investors

- New York City, NY
- Posts 29
- Votes 12
Thank you for the responses!
What kind of investing do all of you do? Buy and hold? Flipping? I work for an investor as of now and we own a number of multi-family properties in Wilkes-Barre.
Post: Pennsylvania Investors

- New York City, NY
- Posts 29
- Votes 12
Thnx for the response! What kind of investing do you do? I work for an investor currently and we have invested in buy and hold multi-families in Wilkes-Barre, PA. I am interested in learning more about the Lehigh Valley market.
Post: Pennsylvania Investors

- New York City, NY
- Posts 29
- Votes 12
Hi,
I'm looking to connect with investors in the Wilkes-Barre, Allentown, and Stroudsburg areas of Pennsylvania. Is anyone here active in those markets?
Thank you!
Post: Fourplex Deal Analysis

- New York City, NY
- Posts 29
- Votes 12
While what Logan said above that the cap rate and the C/C do not matter for the valuation is true in market terms, it probably matters to you as an investor. The market value will matter to you only to ensure you are buying right and eventually when you sell, if you are planning to hold this long term then you need to be comfortable with the cashflow of the property. Does the roughly 6.5% cap and 6% C/C work for your investment strategy? For me personally I would look for a property with a higher DSCR because I see very little reason to get a lower Cash return versus outright cap rate. Leveraging any asset adds risk to the deal and therefore you need to be able to get a higher return to justify that risk.