Archive for 'Finding Apartment Buildings'

Offers on 2 multi-units and an eviction

Posted on 07. Sep, 2010 by Carey.

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Do you remember my last post where I talked about finding a motivated apartment owner by reading the paper at work? Well I read the paper again and found another gentleman who was willing to hold some financing. Sooo in the past week I’ve looked at 4 multi-unit properties. A duplex, a triplex, a quad [...]

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Found a Motivated Multi-Family Seller & Half Empty Nester

Posted on 29. Aug, 2010 by Carey.

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Well I think I found a Motivated Multi-Family Seller….more on that in a moment. So Kathy and I are officially “half empty nesters” lol Friday we both helped Brandon move out of the house and move into his new home….Immaculata University. Every other week now Kathy and I will be all alone at the house [...]

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Idea to find Motivated Apartment Building Owners

Posted on 02. Jul, 2010 by Carey.

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I’m off today from BMW and Kathy and I are getting ready to check out some bank-owned apartment buildings but something occurred to me while I was looking for these bank-owned properties on the MLS……….. Yeah folks…..EXPIRED LISTINGS for apartment buildings. Can you say duh? As I’ve been having discussions with myself, and yes I [...]

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Finding Motivated Apartment Building Owners

Posted on 28. Jun, 2010 by Carey.

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I’ve decided to spend my apartment hunting time finding motivated apartment building owners. Why not? I ask myself. I mean seriously I’ve been involved in real estate for 11 years now and every deal that I’ve ever done whether it was a mobile home deal, a rehab deal, a wholesale deal, sub2 deal or what [...]

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Vrooooooooooooooooom!

Posted on 27. Jun, 2010 by Carey.

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Well last Monday was my first day working for BMW. I have to say thus far as far as jobs go, it’s been pretty fun and dare I say bearable?? Hmmmm let’s see….what have I been doing all week? Basically driving BMW’s. lol And no I’m not kidding. My favorite so far was this one: [...]

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Why You Should Network with Property Managers

Posted on 16. Jun, 2010 by Carey.

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When you’re looking for multi-family properties to buy just like when you’re looking for single family houses to buy or sell it’s super important to network. You may remember when I went to the Greater Philadelphia Apartment Associations Trade Show a few months back. While there I met a super nice lady who actually hires [...]

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Received counter offer on 34 unit!

Posted on 06. May, 2010 by Carey.

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I did the numbers on a few properties Kathy and I seen the other day with a broker. I told the broker what I was thinking 1.2 Mil on the 36 unit property, which they are asking 1.8 Mil and he said, “did you mean 1.2 Mil for the other property cause that’s do-able?” I [...]

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70% occupied property plus many more

Posted on 28. Apr, 2010 by Carey.

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Been looking at several properties this week. We’re definitely trying to make things happen. Kathy and I even had a talk about the types of deals and investors for those deals that we want to target. So far this week we looked at 2-30 unit properties, 1-36 unit property and I looked at a a [...]

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A lot happening – networking is king – a job, maybe?

Posted on 21. Apr, 2010 by Carey.

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I have a lot happening lately, which is good, of course, but unfortunately I haven’t closed on an apartment building deal yet. Patience I know…and I have found out they may take a wee bit longer then your typical single family deal. I’m being a tad bit impatient though because I really don’t want to [...]

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Private Money Pitch – Short

Posted on 15. Apr, 2010 by Carey.

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Ok so you remember the longer private money pitch that you saw on video, right? Well this is my shorter private money pitch. And I know the video says I’ll be using it tomorrow at the convention, but I actually recorded that video a few days ago….so I used the pitch all day yesterday at [...]

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