Author Archive

Understanding Expenses When Buying a Multifamily Building

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Two of the most important things to understand when purchasing a multifamily property are the expenses and improvements. Most beginning investors pay attention to the fancy broker package and the POTENTIAL income of a property. While it is important to understand your rental income both today and in the future, it is more important to understand the required improvements and operating expenses of the property. We always recommend using a professional COMMERCIAL building inspector before purchasing a multifamily building. They ...

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The major steps to take when buying an apartment complex

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The major steps to take when buying an apartment complex

This is the “quick and dirty”  no frills outline of  buying buildings, from 2 to 200+ units.  Assuming you have identified a market that you feel comfortable investing in I have outlined the key action steps to take when purchasing an apartment complex.

  1. Contact local brokers that specialize in multifamily property
  2. Contact local property managers-make sure they have experience managing the types of properties that you are targeting
  3. Establish your target price point of the property you would like to purchase
  4. Establish the ...
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NREIS EPP member submits her first LOI!

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NREIS EPP member submits her first LOI!

Just wanted to personally congratulate one of our EPP members, Janet, submitted her first LOI today on a 36 Unit Building in Greensboro NC-CONGRATS!!! Whether accepted or not it was a great exercise and accomplishment.  This is a case study of how with the right knowledge and team behind you, it’s possible to identify opportunities and take action quickly. Multifamily investing isn’t as hard as everyone makes it out to be, as long as you have the right people behind ...

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Default Rate at an All Time High on Commercial Mortgage Backed Securities

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In today’s market there is a great opportunity to purchase lender owned multifamily real estate well below market value.

News article: Commercial mortgage backed securities that are currently in default are at all time with almost 13% of all CMBS loans delinquent. http://www.housingwire.com/2011/07/29/fixed-rate-cmbs-defaults-near-13 .

What Does Commercial Mortgage-Backed Securities (CMBS) Mean?

A type of mortgage-backed security that is secured by the loan on a commercial property. A CMBS can provide liquidity to real estate investors and to commercial lenders. As with other types of MBS, the ...

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I am impressed by the strategy and execution…

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“I have known Chris Urso for 15 years on both a personal and professional level. I consider him to be one of the most straightforward, honest and ethical people I have the pleasure of associating with. I am fully confident in his abilities and the manner in which he conducts himself. He is a hard working family man striving to reach his goals.

Chris approached me earlier this year with an opportunity to invest in his National REIS Equity Partners I, ...

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Thank you for taking the time to educate us….

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I  just wanted to say thank you so much for all your help. I know this venture is probably more of a pain in your side than anything, but I for appreciate your willingness to educate myself and others tremendously.
Cheers and hope the expanding family is doing well.
-Tom L
MagnaCad Design

National REIS was founded to let you create huge wealth through cash flowing real estate positions, and to serve as a mentor, advisor, and partner on the wide ...

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I HAVE MY FIRST PROPERTY – I wanted YOU to know asap.

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I HAVE MY FIRST PROPERTY – I wanted YOU to know asap. I feel really good as all the learning and efforts have finally paid off. It is practically move in ready 3/2 with 1,279 sq ft built in 2005 in a good neighborhood with parks and children’s playground and near an elementary school… Thanks for your coaching, R.E. Investing experience/knowledge and encouragement along the way!

Mark L.
Manhattan, NYC

National REIS was founded to let you create huge wealth through cash ...

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Why Multifamily?

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The current market presents opportunities that will not be around for much longer. Here’s why.

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