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37 contributions to Multifamily Strategy Community
Hello everybody!
Hey team! My name is Todd - living in the beautiful Lowcountry of Charleston! Spent many years in entrepreneurship - owned a retail store and restaurant. Learned a lot about business - ways to make money, and ways to lose it! Grinding away at a W-9 job now for a “stable paycheck” but looking to build financial freedom for my family of 6! Look forward to connecting! How new (or seasoned) are you in the MFS? Working on your first deal? How many units do you currently have? Would like to hear where you’re from and what you’re doing! 💪
Hello everybody!
1 like • 3d
@Todd Lagendyk The Rent Stabilized program can feel criminal. 😆🤣
0 likes • 2d
@Todd Lagendyk yea but that doesnt take effect until November 2027. Funny thing is it might be useful. Alot of owners made bad bets and this might be their only way to get bought out. So...useful for them 😆
Why a Property Deal Isn't Automatically a Good Deal
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.
0 likes • 3d
Still working on my first. But something ive picked up on is exit strategy. And its been guiding my hand ever since.
0 likes • 2d
Solid cash flow deal with a cash out for other investors and I hold prop longterm possibly retaining 1 other investors through the life of ownership, but thats it. Only one lol
The Deal Gauntlet is live
5 investors are running the Gauntlet! And you are invited. All communitiy members, potential investors, aspiring real estate investors, and MFS mentees past and present are invited! We are running a shark tank style pannel with some amazing judges who will be providing feed back on the pitch. And who knows some of these deals might get funded live on the call. Register here for a free seat and join us live for the Deal Gauntlet: https://MFSDealtank.eventbrite.com
The Deal Gauntlet is live
0 likes • 3d
Nice name. Lol Cant wait
Hello! Anyone in the North East? NY area
Hello All! New member here...based out of NYC. Anyone in the NE area?
0 likes • 11d
Heck yeah! NYC over here. I focus bronx
Seeking Knowledge
I hate to get on here and ask for help. But does anyone have underwriting mastered? I am willing to help you if you help me. I am just not getting it.
0 likes • 11d
Cant say I have it mastered. But everytime I show up to deal deep dive i get no issues. My only weak point is the exit strategy portion of underwriting
1-10 of 37
Joshua Nowell
4
81 points to level up
@joshua-nowell-8697
CRE buyer

Active 2d ago
Joined Dec 28, 2025
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