Came off of a call with a realtor in South Florida in Miami Dade and he said stay away even 30 minutes around as the returns are too low right now for MultiFamily projects. He is finding developers not coming there right now... Is anyone else seeing the same in South Florida or different. I am in CA but the rules here are way too diffucult when removing bad tenants. Is anyone else seeing that? It is one of the reasons i am considering other areas i havent invested in before with my single family homes like Texas, Arizona or other parts of Florida

Anyone invest in notes?

I’m looking for an equity partner to JV on a 32-unit multifamily acquisition in Mobile, Alabama (turnaround / “adult flip” style deal). Deal Highlights: - Purchase Price: ~ $21,875 per door - Total Units: 32 - Current Occupancy: ~50% (primarily deferred maintenance-driven) - Stabilization Budget: underwriting roughly ~$400,000 to cure deferred maintenance + stabilize operations - Business Plan: stabilize + refinance in 18 to 24 months (market-dependent) - Exit Value Range (Illustrative): ~$1.6M – $2.1M (depending on stabilization results and exit cap rates) Capital Need: - $70,000 EMD - Partner to remain in the deal post-close as equity This is a true JV opportunity with forced appreciation potential, early liquidity potential via refi, and long-term cash flow/upside. If this fits your profile and you’re interested in reviewing underwriting and structure, feel free to DM me.

We are going to be running a ton of deals, Opportunities , Exclusive offers, Education, and more here. If you are expanding a multifamily portfolio Stay Tuned. For any issues with Skool or access email [email protected] This years Goal is $100M in deals are Found, Funded, and Negotiated, from this community in 2025!

At what point does one contest it? Purchased a 6-Plex this year and it shows 22%Change. And as far as predicting when underwriting anyone have a good rule of thumb?