How to Buy Your First Apartment Complex
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- Опубліковано 11 вер 2023
- In this video, @ThisIsMeTakingAction and I are discussing how to buy your first apartment complex as a fairly new real estate investor. We're going to discuss:
1. How to find the deals with little to no money out of pocket.
2. How to fund the deals using other people's money
3. How to add value to the deals in order to increase the value of the property
4. How to cash out on the deals and knowing when it's the right time to do it.
We cover a lot in this video, so if you're looking to get started in buying your first apartment complex check this out!
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Also, share and leave a comment below.
I'm proud of this guy! My son's 27-years-old. He can learn from this guy!👍👍
This video is really cool and has some great lessons! I like how he talked about building trust with people who can lend you money. In real estate, the people you know are just as important as the money you have. Thanks for sharing!
Absolutely
Great video! Thank you!
Good video👍. Thank you!
Thank You!
Great video, Jamel (as usual.) What city / state is this if you don't mind sharing?
Ohhhh private money relationships! Now I understand!
For doing Arbitrage for Airbnb would you have to have separate LLC'S for the two different spaces or would it be under 1 LLC for both?
hi what kinda microphone do u use
Do you have multiple LLC’s also? Is the purpose for this to make your business liable not you if something happens with a tenant? Thanks love your videos
How many Appartment? And how much each Appartment rent for per month
Hi I’m newer investor been investing in Realestate part time for about 6 years and have a portfolio of 5 houses and 1 commercial automotive property with 12 units total.
I Have a good deal 18unit apartment building well below ARV I’m looking at off market and need a private money lender to help with down payment and rehab. Any recommendations would be much appreciated.
I wonder if that's a good area you kept looking to see if your Porsche still there lol
Lol. Nah it’s good
😂😂😂
Hahahahaaa… Jamel is always on the look out! Lol
So what about the other 40 properties as far as selling. If you decided to sell this so quickly. Seems like you should of keep this one and sell off some of the other 40. He should be moving towards buying multi and selling singles
Since this was such a good deal
Focus on showing each piece of process in detail.
Private lender connect
Banking finance
Etc
The price is at its peak at that moment that’s why he’s selling
Great video! If you're ever looking to buy in Southern California, let me know. We come across a lot of off market opportunities.
What city/state??
I am ready to purchase an apartment building
Lets do it!!!
What’s the incentive for someone to give you money to get a property? What do they get back?
Interest and security
They get back a set amount on top of what they gave you.
When you private money 💰 did you mean private money lender?
50 k for roofs and gutters and the outside! That’s not a lot of money, where are you located
Can you guys do a more formal breakdown. Am still like in the wind 🌬️ lol seriously 😐
🌟📝
We’ll work on it
Update: We’re filming Friday. Thanks for the request. It was a good idea.
@@jamelgibbs hey! Thanks for replying I can't wait for that video to drop until then I signed up for the mentorship program.
Congrats. When did you sign up?