This document appears to be a transcript of messages sent in a group chat about real estate development and investment. Various participants share their contact information and areas of focus, such as looking for multifamily investment properties in certain states, providing insurance quotes, financing options, and more. Questions are also asked about development costs, contract structures, and opportunities for small or first-time developers.
This document appears to be a transcript of messages sent in a group chat about real estate development and investment. Various participants share their contact information and areas of focus, such as looking for multifamily investment properties in certain states, providing insurance quotes, financing options, and more. Questions are also asked about development costs, contract structures, and opportunities for small or first-time developers.
This document appears to be a transcript of messages sent in a group chat about real estate development and investment. Various participants share their contact information and areas of focus, such as looking for multifamily investment properties in certain states, providing insurance quotes, financing options, and more. Questions are also asked about development costs, contract structures, and opportunities for small or first-time developers.
18:32:27 From Natalie Lindsey to Everyone : Hello everyone!
18:35:26 From Ron Myers to Everyone : Please repeat the URL?
18:36:23 From PC to Everyone : @Ron URL for what? 18:38:15 From Ron Myers to Everyone : Costa Rica event 18:38:17 From Ron Myers to Everyone : :) 18:43:52 From Thomas Jensen to Everyone : https://www.secretxevent.com/ 18:44:04 From Ron Myers to Everyone : ty! 18:44:56 From Elizabeth Cordero to Everyone : Matt I am looking into a 8 unit in Oklahoma, would you mind chatting with me for a few minutes? 18:46:44 From Husain Taiyebi to Everyone : i love building MFU 18:47:39 From David Hudgins to Everyone : David Hudgins 310-864-3548. David@raisere.com. Finding 30+ and 100+ unit assets in Florida and Tenn. Looking for Sponsors/Operators to partner with. 18:49:51 From Renato and Nina Geromel to Everyone : Renato Geromel Jr. and Nina Geromel. 608-695-1020. renato@geromelcpapital.com, actively looking for 100+ units in FL. David is a great guy, definitely partner with him! 18:50:26 From Renato and Nina Geromel to Everyone : renato@geromelcapital.com** 18:53:36 From Camil Zuk to Everyone : Change Orders!!!!!! 18:53:39 From Ryan Dumas to Everyone : Looking for 100+ units class B/C+ in B Market in FL/TX/GA Buying land in TX currently to build 200+ units 727-729-2647 rdumas@grpcapital.com 18:53:53 From Camil Zuk to Everyone : If it’s not on the plans a contractor isn’t going to give it to you for free 18:55:23 From J. W. to Everyone : When I was doing 'value engineering' for various projects my thrust was to 'reveal value' more than 'create value'. It's still easy to do with creativity, cooperation, and expertis/experience. 18:55:30 From Cassandra Mack to Everyone : Real Estate Broker in NC an GA with eXp Commercial. (310)912-0998 cassandra.mack@expcommercial.com 18:55:58 From J. W. to Everyone : "...expertise..." 18:57:03 From J. W. to Everyone : Very true, Matthew. 18:58:25 From PC to Everyone : Post your questions for Matt & Hachem here and we'll ask them during Q/A. Put a "Q" in front of your question so we can identify it. 18:58:52 From Omar Hernandez to Everyone : HI Everyone, I write commercial insurance in all 50 States. I can provide a quick quote for underwriting purposes before you submit your L.O.I. 480-268-5205 19:00:11 From Cassandra Mack to Everyone : How do we contact Matthew Ticknor pertaining to land he maybe interested in? 19:00:54 From Kevin M to Everyone : These deposits permit contingent? 19:00:54 From Kathy Libey to Everyone : What comes first the contract or the entitlements? 19:01:46 From Tim Sherbenou to Everyone : Question: How is Hachem managing the increases in lumber and building supplies on existing or future projects? 19:03:26 From Omar Hernandez to Everyone : If you are underwriting a deal send me the OM @ Omar@garzellagroup.com, i will provide you with a Quick Quote in 48 hours. before submitting your L.O.I. 480-268-5205 19:13:19 From Ryan Magallanes to Everyone : I’m in Oregon. Will send trees. 19:13:38 From Chris De Celle to Everyone : GO BEAVS 19:14:07 From Ron Myers to Everyone : Q: rookie question warning: how does underwriting differ in Development vs Existing MF property purchase? Where to start? 19:15:38 From David Merager to Everyone : In CA, what specific things are driving the high costs that are keeping developers from building lower-end projects? 19:15:56 From Tom Petreca to Everyone : Can they talk about opportunities for partnerships ? 19:17:10 From Ajay M to Everyone : Q: any cost saving on modular construction for smaller multi instead of building an 8 plex onsite 19:17:56 From Richard Hall to Everyone : do you find mixed use with multifamily & retail to be an add to project returns..or more just meeting City requirements? 19:19:16 From Mike Holmes to Everyone : Q for Matt – different scale of development, but what opportunities would you see for small developers to leverage the R-1 SFH zoning changes taking place in California cities (Berkeley/Sacramento) to allow development of up to 4 units per SF zoned parcel? 19:19:23 From Alex Ko to Everyone : David: land costs, labor and materials 19:20:10 From Ryan Dumas to Everyone : We finance multifamily $2m+ loans. Non recourse, Bridge Non Recourse, Fannie May, Freddie Mac 727-729-2647 rdumas@grpcapital.com 19:21:06 From Tamara Leever to Everyone : Hello everyone, Tamara Leever, CRE Broker KW Commercial, President - Madre Construction-licensed builder acting as GC in MF heavy lift projects currently in Metropolitan Detroit area. “Leave it to Leever for all your Real Estate needs!” 19:21:19 From Husain Taiyebi to Everyone : do you fund MFU new construction 19:21:27 From Tamara Leever to Everyone : Question; what is the company name in NC 19:21:33 From Tamara Leever to Everyone : Please thank you! 19:21:48 From NICK SHROUT to Everyone : Q: Whats your Developer Fee typically? 5% or 6%? 19:22:01 From Tom Petreca to Everyone : Any feedback about loan construction? Any experience with HUD-211?? 19:23:18 From PC to Everyone : https://www.facebook.com/groups/mfmasters 19:24:37 From PC to Everyone : https://mastermind.multifamilymasters.com/mfmm44398678 19:24:51 From Mher Panossian to Everyone : What are the typical ROIs developers look for when developing a MF project? 19:25:05 From J. W. to Everyone : Q for Matt: Why are you involved in this group? 19:25:12 From NICK SHROUT to Everyone : Q: How is your contract setup between developer and GC? We set a GMP (Guaranteed Maximum Price) with a contingency. Any savings in the contingency is split between us (Developers) and GC company 60/40... we find this pushes the GC to go back tot he subs and squeeze as much savings as possible. 19:25:56 From Hachem Domloj to Everyone : hd@cive.com (713-539-8388) 19:27:04 From Meghan Li to Everyone : Do you recommend conducting a land survey before or after close of contract? 19:27:28 From Matthew Ticknor to Everyone : Matt Ticknor, junctionprops.com, matt@junctionprops.com, 415.990.6944 19:27:49 From Matthew Ticknor to Everyone : Junction Properties is the name of my company 19:31:26 From Anton Mattli to Everyone : Hi everyone! Anton Mattli Co-Founder & CEO of Peak Financing, assisting investors with multifamily & other commercial real estate loans of $1M+ across the United States Co-Leader of Multifamily Masters Dallas Chapter anton@peakfinancing www.peakfinancing.com https://calendly.com/anton_mattli www.linkedin.com/in/antonmattli https://www.facebook.com/anton.mattli 19:35:24 From Kathy Libey to Everyone : Kathy Libey Kathy@GoldenArrowEquityPartners.com 972-743-1920 https://goldenarrowequitypartners.com https://calendly.com/kathy-goldenarrow 19:44:34 From Ryan Dumas to Everyone : rdumas@grpcapital.com 727-729-2647 19:48:22 From Ryan Magallanes to Everyone : Virtual only this year. How was it live? 19:53:16 From Tom Petreca to Everyone : Good idea 19:53:44 From Cassandra Mack to Everyone : Thank you all. 19:53:47 From Camil Zuk to Everyone : Thanks all! 19:53:52 From Matthew Ticknor to Everyone : Thank you! Please reach out anytime 19:53:57 From Elizabeth Cordero to Everyone : Thank you everyone!! Amazing meeting 19:53:57 From Kathy Libey to Everyone : Very valuable!!!!!!!!!!111 19:54:15 From Hachem Domloj to Everyone : Thank you all 19:54:33 From Matthew Ticknor to Everyone : I’ll stay on 19:55:24 From J. W. to Everyone : Hey, Matthew, have you ever had any experience with projects on tribal lands? 19:57:40 From Elizabeth Miller to Everyone : Elizabeth Miller Crown Key, LLC www.metrounits.com Call or text 857-600-2370 elizabeth@crownkey.com I'm an investor looking for deals in CA, WA, RI, MA Single Family and Multifamily https://www.facebook.com/elizabeth.miller.98229/ https://www.linkedin.com/in/prudentia1/ 19:58:48 From Kevin M to Everyone : The shattered convents and schools 19:58:59 From Kevin M to Everyone : shuttered 20:01:39 From Tamara Leever to Everyone : Thank you Matt for sharing your expertise & knowledge. Signing off from MI. Chow for now