Finding a property below market value is always attractive, but I've learnt that a low purchase price doesn't automatically make it a good investment. There's more to consider than just the asking price. Refurbishment costs, legal fees, finance, holding costs, timescales and the realistic resale or rental value all need to stack up. I've seen how easy it can be to focus on securing a deal without fully considering what happens afterwards. For me, it's about looking at the bigger picture, understanding the risks and having a clear exit strategy. Sometimes the best decision is to renegotiate or simply walk away. For those actively sourcing deals, what's the first thing that makes you reconsider an opportunity that initially looked promising? Always interesting to hear how others approach it.

A slightly belated update, as I've had quite a bit going on over the last few days, but I'm pleased to share that I've successfully closed another property deal! Every time a deal completes, it reminds me that property isn't just about finding opportunities. It's also about having the ability to act when those opportunities appear. Over the years, one lesson has become very clear to me: knowledge is important, but having the right financial backing and access to capital to execute is just as important. Property can create incredible wealth, but deals don't always move according to plan. Refinances get delayed, sales take longer than expected, unexpected costs arise, and new opportunities can appear when you least expect them. That's why I've become increasingly focused on having a structured capital-raising system and building additional income streams alongside property. Having a reliable approach to raising capital, together with other sources of income, gives you more options. It helps you prepare for opportunities, manage unexpected delays and keep moving forward without relying entirely on the next property transaction. This completed deal is another step forward, but the bigger vision is even more exciting as I continue working towards larger investment and development projects. For those currently growing their multifamily portfolios, raising capital or working towards their next acquisition, how important have you found it to have a reliable capital-raising strategy and additional income streams supporting your property business? It's a question that has changed how I think about building my own property business, and I'd be interested to hear how others approach it. Onwards and upwards. The mission continues! 🚀

Finding an apartment deal is one thing. Making the numbers work is another. One thing I've learnt through property investing is that securing an attractive purchase price is only the starting point. When looking at a potential multifamily opportunity, I think it's important to understand what sits behind the headline numbers. Rental income and occupancy are important, but so are operating expenses, management costs, property condition, necessary improvements and reserves. Then there's the financing structure. Whether it's traditional lending, seller financing or a partnership, the terms need to make sense alongside the property's income and ongoing costs. I've seen how easy it can be to focus on getting a deal secured without giving enough attention to what happens once you own it. For me, the real question isn't simply whether I can negotiate a good purchase price. It's whether the building can support itself, generate sustainable cash flow and leave room for a sensible exit. Sometimes the best investment decision is recognising that the numbers or terms don't quite stack up, rather than forcing a deal. For those actively acquiring multifamily properties, what's the first thing you tend to stress-test: rental income and operating expenses, property condition, financing terms or the equity needed to close? Always interested in how other investors approach their underwriting and deal decisions.

I live in NYC and brokers continue to state deal is not contingent on financing. How do I get around this or is this something I even need to get around? Id be relying on a team so def cant close by myself. Any advice?

Seems its hard to get in contact with someone. Is there an admin to contact when you run into issues. I was supposed to have my onboarding again today but no one made it to the call