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23 contributions to Multifamily Strategy Community
Weekly Challenge
Have you called a broker about just one listed property in your market this week?
Poll
30 members have voted
0 likes • 3d
I have talked to two brokers on two separate properties this week, all while trying to get the word out on my capital raise! I am raising CAPITAL for 2819 Berry St. Apartments; this is a 12-Unit building that I have under contract for $965K, 25% down, & 75% LTV @ 7.52 interest rate. Property is cash flowing on day one, 1.43 DSCR at close, $305,000 of equity in the property at close. Investors are in the deal for a 3-5-year hold; 2X Investor money buy out at year (5), 50/50 pay out of NOI, starting at month 13 (12-month rent stabilization period). If anybody is interested or knows a potential investor reach out to me directly at plumb357@yahoo.com or (936) 697-7963.
1 like • 11d
Elgin davis is buying in texas
0 likes • 4d
@Kaiwi Attwood Hey there Kaiwi it's Elgin Davis, I'm excited to post my Pitch Deck for Berry St. Apartments in Houston, Texas. I'm looking for investors for this opportunity. The play for this deal is a great purchase price of $965K. I'm buying the complex with $305,000 of equity at close, market cap rate is 6.75%, all 12 units are occupied day 1, we are CASH FLOWING day 1, Investor buy-in is ($351K)/ with a 5-year hold investors receive 2X pay out ($752K) return on their investment. We make money with improved operations, fully implementing RUBS for water, standardized laundry fees for all residents, pet fees collected, and paid covered parking charges. Check out the pitch deck, reach out to me if you want to know more; plumb357@yahoo.com or (936) 697-7963.
New
Hello everyone, I'm new to the Multifamily Stragtegy community and Im new to the real estate industry. But I'm ready to put forth the effort and own my own Multifamily real estate I'm super excited to get to know everyone here so let make some money and have fun doing it
0 likes • 4d
Welcome aboard Ms. Brown, here comes the fire hose.
Remodel complete!
My first time doing a full bathroom remodel. This, plus a few other upgrades in the unit, led to a $250 rental increase. This is in my first ever multifamily building, a humble little duplex. What do you think?
Remodel complete!
0 likes • 4d
Looks fresh clean, great job!
2819 Berry St. Apartments, Houston, Texas
Hey everybody it's Elgin Davis, I'm excited to post my Pitch Deck for Berry St. Apartments in Houston, Texas. The play for this deal is a great purchase price of $965K, in a market cap rate of 6.75%, all 12 units are occupied day 1, we are cash flowing day 1, Investor buy-in is ($351K); with a 5-year hold investors receive 2X pay out ($752K) return on their investment. Check out the pitch deck, reach out to me if you want to know more.
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Elgin Davis
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@elgin-davis-3470
Retired military, Aries, married, father of 4, grand father of 7, gold-wing rider

Active 3h ago
Joined May 22, 2026
Humble, Texas
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