“When you don’t have resources, be resourceful!”

Greetings - my name is Kenneth Lee and I have 2 short term rental apartments in New Jersey. My goal is to have enough interest in commercial real estate to live comfortably with a minimum of $10,000 net per month positive cash flow I want to learn as much as I can in this group. I want to learn how to better underwrite property. I want to network with potential investors and sponsors. I want to learn how to find off market and really good deals. I want to network with lenders and partners (asset managers and other underwriters). I want to find my team - attorneys, CPA's, Title companies, etc... I want to understand zoning laws better. I want to learn how to negotiate deals and the different strategies available. I don't know what I don't know - and that's what I want to learn. And I want to gain the confidence to pull the trigger on these good deals. I'm from New Jersey - a non-friendly landlord State. Hence, the reluctance to pull triggers. :)

The latest Live Workshop, Making Offers Sellers Can’t Refuse, is up NOW in the Classroom Tab under the Live Workshops Course — and you do NOT want to miss this one. In this workshop, I get real about the toughest roadblocks we face when making offers. And here’s the kicker: I’m giving you 3 simple solutions to make your offers irresistible, So what are you waiting for? 👀 Watch it NOW if you’re ready to make offers that get accepted! Then hit us back here and share your biggest takeaways. Let’s get to work!

With 25% occupancy current rent rolls are $35,851.00 monthly. 200 units for sale in Warner Robins GA. Please do not share this info. Seeking partners. Purchase Price - $11,400,000 ($57,000/Unit) Currently only 25% occupied due to previous poor management and poor partnerships. No Seller/Creative Financing Available Must close by end of the year Average Rehab Needed - $10k/Unit

I have a lead, a motivated seller where the write up says 30-40% loss to lease on current leases. Significant upside in improving rents to market rent (~67% under market rate).​ Cash flows as is.​. What exactly does that Mean?? I’m thinking of writing an offer..