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REI Boardroom

72 members • Free

13 contributions to Multifamily Strategy Community
My motivation
I know I have a lot of apartments. However, this little dude and his sister who is arriving soon are all the motivation I need to keep pushing. We have some amazing things coming down the pike for MFS and I am super excited to be back in TX to share the Journey with you all!
My motivation
1 like • 12h
So glad to know you and family first is so important. Everything else falls into place with such a support system, a business and network to support it. And yes a few friends along the way too…
Found a Deal?
You found a 40 plus unit property, ran the numbers and see a clear path to cash flow and value-add but need a partner. Reach-out, let’s review the deal together. I will re-run deal analysis, help map out roles responsibilities, funding options and guarantor to getting the deal done together.
2
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Personal announcement.
It's a girl. She hasn't paid rent yet, but it looks like the eviction process is going to take a few more months. Drafting up the eviction papers for October 18. Apparently, part of this process includes another 18 years of free rent at my house..... Additionally, I also incur a pretty hefty bill for a wedding if some guy comes around offering her new housing when she's all grown up..... As landlord-tenant rules go she is getting a pretty sweet deal. In all seriousness, Danni and I could not be more excited. Getting a boy and a girl back to back is such a huge blessing. Christian
Personal announcement.
0 likes • Jun 22
Congratulations! 🎊 girls are really great. Have 2
CRE exposure
Florida Atlantic University data shows 1,788 U.S. banks have commercial real estate exposure exceeding 300% of their equity – up from 1,697 last quarter. Of those, 504 exceed 500%. The FDIC also reports $306 billion in unrealized losses across the banking system and 60 banks on its problem list. With $900 billion in CRE debt maturing this year at elevated rates and office delinquencies running above 12%, many of these loans simply can’t be refinanced at current values. The buildings aren’t worth what the loans say they’re worth. Be careful out there, but there’s also opportunity in the ability to solve a troubled owners problem on a good acquisition.
1 like • May 1
@Geraldo De Pina Neto many of the property search platform allow you to set a filter on the property financials. If metrics like market price, # and $ loans as well as purchase pricr etc is available. You then have a short list to determine how would you solve their problem. But be careful to not take on a poor performing property or the cashflow and/ or appreciation isn’t there in combination. Otherwise you just putting yourself in that owners shoes all over again.
1 like • May 2
@Iván Terrero yes they have lists but in many cases they make the info available if the bank maybe seizing, foreclosure or auction etc. They typically are not ahead of this situation the owner is in only as it maybe approaching maturity. Key is to find then early and direct owner discussion.
Where are you focusing
An interesting view to support your buy box.
Where are you focusing
0 likes • May 2
Many have asked about the entire article https://www.consumeraffairs.com/moving/best-states-for-renters.html
1-10 of 13
Vincent Provenzano
3
42 points to level up
@vincent-pro-4093
20+ yrs experience in financial markets, investing and real estate. GP/LP investor, provide deal consulting, guarantor and provide money brokering.

Active 59m ago
Joined Dec 4, 2025
PA
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