Jeremy Serwer ⋅ Woodstock, CT The Serwer Company, LLC ⋅ 30 years experience

Hello Corinne,

At one time I bought, held, and sold residential income properties. I'm currently a Retail Real Estate Consultant and Broker, and would be happy to brainstorm with you.

Will call you, if you wish: perhaps we can exchange contacts via the ACP website. You can also contact me at jeremy@theserwercompany.com.

Good luck,

Jeremy

Elliot Young ⋅ Brooklyn, NY Uniworld International Associates Inc ⋅ 25 years experience

Thank you for your service. Quick advice. Invest in doors not residential property. Invest in 32 units and above. Always close on the 20-25th of the month. The first of the following month rent roll is mostly your gift. Never concentrate on price just the down payment. That's all you need with a hard money lenders if needed. Lipstick and blush it, add corkscrew bushes, a few trees, some indirect and solar powered stake lighting in the grass, paint, new parking lot lines, signs, security cameras, and put it on the market. Raise rents by $50-$100 if possible and add online rent payments. Keep going until you get to 500-1000 units. Then try CMO's. Collateralized Mortgage Obligations. Each property separate Corp. Cross collateralize all the properties you own into one loan. Pay a mgt company 12% to run it. The one loan can buy you 10's of millions in commercial mortgages that will pay you monthly for the next 20yrs+. Look into it. Change your life. Only buy cats that weigh more than 6k lbs you can write them all off. IRS has a list. Always use equity for leverage never keep it sitting in a property. Use the equity you have built to build as many low income properties you can. Start on larger properties to develop money and rep quickly. Like 5-7yrs. Then build LIV's Low Income Villages. So you can provide for 100's of families. Once your ready eBay has so much property. Just use wind and solar for power and tech. See Tenfold Housing. Be smart, use 3D printed housing too. Takes a day to print a home. Don't look traditional it's cheaper, faster, and you can partner faster growing exponentially. Add products like No Burn and Everdry. LED tiles, put holes in cielings for skylight windows, recess lighting and molding. In wall vacuums, potfiller over the stove, dumbwaitors like the ole days, and USB in wall chargers in the outlets. You will have tenants move in and stay. Using house amenities in apartments is the way to keep tenants. Remember that. Also watch on Mondays at 12noon on YouTube Grant Cardone. Good RE Mentor.

David Bisignani ⋅ Youngstown, OH SummaCare ⋅ 15 years experience

Hi Corrinne,

I have to admit to you that I do not know much about the financial world, but given the description of what you want to do and your desire to work in low income neighborhoods, you might want to consider volunteering for Habit for Humanity. Not only could they use the skills you apparently have, but they have construction managers who would be great contacts to help you get started and learn how the business is done. And you will meet retired contractors and tradesman in the process that might also point you in the right direction.

I hope this helps!!

David Bisignani