Could Multifamily Investing's Future Be In Jeopardy?

Multifamily properties have outperformed other commercial property types in the past two years, benefiting directly from the continuing travails of the for-sale housing market.

Unlike the office and retail sectors, which sport vacancies unseen in two decades, the apartment sector has bounced back impressively. After hitting a 30-year high of 8.0 percent at the end of 2009, national vacancies have plummeted to 5.6 percent by the third quarter of 2011, and are expected to dip below 5 percent by early 2012. Asking and effective rents have both posted gains on a consistent quarterly basis since the start of 2010.Occupancies and rents have improved consistently, in seeming defiance of slow economic growth and the lethargic pace of job creation. Signs of weakness have begun to appear, however, for certain segments of the apartment market, suggesting that even the best performing property type in real estate nowadays is still subject to fundamental economic rules.

Multifamily properties will continue to benefit from a convergence of positive factors: first, as the for-sale housing market continues to struggle, fewer households will make the transition from renting to owning a home. Despite record-low mortgage rates, credit still remains tight except for those with the best credit histories and capacity for large down payments. Although the rate of job creation remains moribund, the economy has created over 2 million jobs since 2010, and on the margin individuals are moving out of doubled-up households to rent their own places. (read entire article)

3 helpful Tips To Manage "Hood Rehabs"

  If you have ever wondered about flipping projects in the "HOOD" then read some helpful tips I use to avoid common problems associated with tough neighborhoods. If you have already encountered some of these issues, well I guess you know what's up!
I know a lot of people may say just get an alarm system on your units. The problem with this is that most alarm companies want to put you on a contract that will still be enforced after you sell or dispose of the project. And there are also the sub contractors that you have to account for. There will definitely be several subs in and out of your project during rehab. It is very impractical to have a security system installed on a property that is undergoing construction. With that being addressed here are some techniques I use to help minimize loss of material and time.


1. Rent or Purchase a UHaul truck. 14ft-17ft is great for rehabbing projects in less desirable areas. I use them to do dump runs with the tare out and demo. Afterwards I use them as a mobile locker for materials. They are absolutely great for pick up of lumber and things like doors, tubs, vanities, cabinets, windows etc. At the end of the day you can always drive it off the site to a more secure location with all the goods in side. I purchased my first one directly from U Haul for $3500 and it was worth its weight in gold.

2. Plumbing  is one of those things that tend to disappear when copper is used. A great alternative is PEX piping or ABS. Some areas of the country you really need to use copper. In these cases spray paint the copper black. Vandals and thieves won't take pipes that have been sprayed black. They usually mistake them for gas pipes.


3. Air Conditioners- If you have ever flipped a house in areas where air conditioners are mandatory, then you know how fast they can come up missing. These units can run $1500-$3000 depending on which ones you buy. Vandals will not only steal the whole unit but they will often times destroy a valuable unit for $20-$40 worth of copper on the inside. Solution build an iron gate around the unit with concrete footings. This is a fairly easy and inexpensive cure. I have never had one taken once I employed this technique.


All in all things are bound to happen when you flip distressed properties in challenging neighborhoods but with a little creativity and common sense you can mitigates some of the opportunities vandals and thieves take. It may seem like a hassle to do some of these things but nothing is worse than having to replace some of these items in a market that already has smaller appreciation then previous years. Take it from me the old saying "an ounce of prevention is worth a pound of cure" really works.

US Government Proposes To Rent Out REOs

Vacant home in Las Vegas forclosed by BOFA

Its been a long time coming! But I knew this was going to be a reality in the not too distant furure. We have only touched the "tip of the iceberg" with the whole housing crisis issue. In fact I have been saying for yrs now that it will come a time when these foreclosed homes will have to be rented out to save face with the credit crunch and banking collapse of the mortgage and housing industry. Here is a little evidence that should support my claims

Dec. 27 (Bloomberg) -- Fortress Investment Group LLC and Deutsche Bank AG, whose executives played roles in the housing bubble, are among the hundreds of firms that responded to a U.S. government request for proposals to rent out foreclosed homes.

The Federal Housing Finance Agency asked for ideas as Fannie Mae and Freddie Mac, the mortgage companies seized by the government in 2008, seek to reduce losses, stabilize neighborhoods and support housing values by turning into rentals a portion of the more than 180,000 repossessed homes in their inventory. The submissions were due by Sept. 15.

Carrington Holding Co., Barclays Capital Inc., Neuberger Berman Group LLC, Ranieri Partners LLC and UBS AG also were among the financial and investment companies that responded to the FHFA, according to a list of 439 proposals. The agency released the names in response to a Freedom of Information Act request filed by Bloomberg News.

“We're obviously big proponents of this program,” Rick Sharga, executive vice president of Carrington, said in a telephone interview from his office in Santa Ana, California. “We think it meets a market need.”

Demand for rentals is rising as more homeowners lose their properties to foreclosure and fewer buyers qualify for mortgages. About 6 million homes with a current market value of $750 billion will be repossessed by banks or sold at distressed prices by 2016, according to Oliver Chang, a San Francisco-based analyst at Morgan Stanley. FHFA's plans for a foreclosure-to- rental program are significant because Fannie Mae and Freddie Mac service more than half of U.S. home mortgages, he said.

‘Most Important' Program

“In our opinion, this is the most important housing- related program under consideration,” Chang wrote in a Dec. 6 note to investors. “The hope is that a larger unified program is established that could move the needle a year or two down the road.”

The FHFA won't discuss specific submissions or give a firm timeline for structuring its program, said Corinne Russell, a spokeswoman for the Washington-based regulatory agency.

“FHFA is proceeding prudently but with a sense of urgency to lay the groundwork for the development of good initial transactions in early 2012,” she said in an e-mail.

Home values are down 32 percent through October from their 2006 peak, according to an S&P/Case-Shiller index of 20 cities, the New York-based group said today. They probably will continue falling next year, with a recovery unlikely before 2013, according to property-data provider Zillow Inc.

Maintaining Foreclosed Homes

Fannie Mae, based in Washington, had 122,616 foreclosed homes on its books with a carrying value of $11 billion as of Sept. 30, costing $733 million to maintain in the third quarter, according to a Securities and Exchange Commission filing. Freddie Mac controlled 59,616 foreclosed homes that cost the McLean, Virginia-based company $221 million to operate and manage in the third quarter.

Carrington, a real estate and mortgage services company founded by hedge-fund manager Bruce Rose, is “actively raising” about $1 billion to purchase foreclosed homes that will be renovated and held as rentals, with or without the government program, said Sharga, who worked at foreclosure- tracking firm RealtyTrac Inc. before joining Carrington in September.

He said that Carrington's submission outlined three options for turning foreclosures to rentals in bulk: selling directly to investors who agree to repair and hold the properties as rentals, hiring managers to oversee rentals to be sold at a later date, or structuring transactions so the government and investors share revenue from seized properties.

‘Split the Proceeds'

“At the end of a period, you'd sell the property and split the proceeds,” said Sharga, whose company collects mortgage payments and manages about 4,000 rental homes, including properties repossessed by Fannie Mae.

The FHFA received more than 4,000 submissions, about 10 percent of which were considered valid, according to a Nov. 30 agency statement. Among the proposals were joint-venture partnerships, sales, auctions and asset-disposition strategies similar to those used by the Federal Deposit Insurance Corp. as well as by the Resolution Trust Corp. after the savings-and-loan collapse of the early 1990s, the agency said.

Executives from some of the companies that submitted proposals to the FHFA held influential positions when the housing bubble burst.

Sued by SEC

Daniel Mudd, chief executive officer of Fortress, took a leave of absence from the New York-based asset management company after being sued Dec. 16 by the SEC over his role as CEO of Fannie Mae from 2005 to 2008. Fannie Mae and Freddie Mac have drawn more than $170 billion in aid from the Treasury Department since they were seized by the federal government in 2008.

Mudd and Richard Syron, Freddie Mac's former CEO, were accused by the SEC of understating the subprime loans held by the firms by hundreds of billions of dollars. Mudd has said that the government and investors were aware of “every piece of material data about loans held by Fannie Mae.” Tom Green, Syron's attorney at Sidley Austin LLP, said there “was no shortage of meaningful disclosures” by Freddie Mac.

Gordon Runte, a Fortress spokesman, didn't respond to a request for comment on the firm's FHFA submission. The company said in a Dec. 16 statement that the complaint against Mudd “does not relate to Fortress.”

Betting Against Market

Greg Lippmann, a Deutsche Bank trader, hosted the first meeting of investors and lawyers who devised contracts and financial instruments used to bet against the housing market. During the financial crisis of 2007 and 2008, Lippmann helped Deutsche Bank offset losses on mortgage investments with wagers against subprime debt that made $1.5 billion, according to an April report by a Senate panel.

Renee Calabro, a Deutsche Bank spokeswoman, declined to comment. LibreMax Capital LLC, a New York-based hedge fund where Lippmann is now chief investment officer, wasn't on the FHFA's list of submissions.

Representatives for Ranieri Partners, Neuberger Berman, Barclays and UBS all declined to comment on their FHFA proposals.

The agency provided five examples of submissions with the content, names and contact information redacted. That information was withheld to protect trade secrets and the privacy of people who submitted proposals, the agency said.

“Our program, when fully implemented, has the potential of having a significant impact on the stabilization of real estate values across the country,” according to one of the proposals. The plan has been endorsed “by financial institutions, staffers of U.S. Senators and Congressmen, and real estate related people across the country,” according to the letter.

Harvard Professor's Recommendation

“My former Harvard Business School finance professor recommended I contact you,” wrote a self-described “former banker” in another proposal. “Officials from the Federal Reserve and HUD have favorably evaluated the following asset/loan disposition functionality & proposal for my client's real-time, forward-looking analytics real estate asset/note transaction platform.”

No contracts will be awarded based on the submissions, which “will be used for planning and market research purposes only,” the FHFA said in its solicitation for proposals.

Amherst Securities Group LP, a New York-based mortgage broker-dealer, opted not to submit ideas to the FHFA because “we did not feel we would be adequately protected” from Freedom of Information Act requests, Laurie Goodman, senior managing director in charge of research for the firm, said in an e-mail.

Find Investors: Swimming Naked In This Economy

Now that I have your attention, here is the whole quote from Warren Buffett: “You only find out who is swimming naked when the tide goes out.”

A rising tide lifts all boats, and in bull markets every investor looks like a genius. From March 2009 through April 2010, the Dow rose 70% and almost everyone holding stocks made money.

Just as individual investors look smart in across-the-board bull markets, so do investment advisors. But never confuse a good market with a good advisor. Advisors too could be swimming naked… with your money!

When they find investors to work with, an advisor’s job is to understand their financial goals and develop an investment plan that balances risk, rewards them when markets rise and protects them when markets fall as they inevitably do. A good advisor is also someone they can lean on for trusted advice during uncertain economic times.

The problem is many advisors, perhaps even most, do not give much consideration to investing in real estate as part of a conservative portfolio. Their emphasis on liquidity seems to most often far outweigh the future inflation concerns we absolutely face now. It is quite impossible for any economy to have engaged in such massive government spending, with such large deficits as we now have here in the United States, without triggering inflation.

Solid, conservative, performing real estate is the best conservative inflation hedge there is. Nothing is better. All investors with any significant amount of net worth should also be investors in real estate!

Of late, the markets have been tricky.  The Dow dropped significantly, recovered to some degree, and then dropped again. It has most recently been trading in the plus or minus 1,000 ranges. Market experts are divided on future outcome – some predict far steeper declines, others believe markets will now stabilize. At this juncture, investors must honestly reevaluate their portfolios. Are you confident about your investments? Will your holdings survive a steep decline in the market?

The tide is changing. It is now going out. What are you wearing? Or… are you swimming naked? In my opinion if you do not hold hard assets, particularly residential real estate of some kind as an inflation hedge for a big part of your portfolio, you’re naked. Now is the time to consider that and do something about it.

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Sam Joseph, CEO
SJoseph Development Grp. LLC

5 Reasons Multifamily Investing is Better than Single Family

Most people enter into the real estate world because of the  “make a quick buck” factor. What are the secrets to finding success is the ever-changing market of commercial investing? SJoseph Development Group suggests these 5 reasons that are sure to change your mind about Real Estate investments:

1. Cash flow- Cash flow is much higher in multi-family housing rather than single family housing because of the consistent flow of rent checks.

2.  Economies of Scale are crucial in Multi-Family housing- In multi-family, an investor only needs to be concerned with the maintenance of one roof or one landscape instead of having to deal with 6 different renters and their properties all over the city.

3. Competition is less in Multi-Family- Everyone thinks that Single family investing is the way to go in the real estate world with the latest trend of “house flipping.” What many don’t know is that the serious money can be made in investing in Multi-Family properties giving your expanding  real estate portfolio that much more.

4. With the large amounts of cash flow, investors can afford to hire a team- A team can consist of assistants or managers to maintain your properties giving you the ability to invest in more properties.

5. The profit on selling your investment property yields a much higher return- The profits that can be made upon selling your multi-family property can be huge and much higher than a single family home. Initially, you will pay more for an apartment complex, but I promise you that your large return will be worth every extra penny.

Sure, flipping houses produces a quick and easy buck at the time, but the Real Multifamily Moguls who consistently are building their real estate portfolio are the ones who have been investing in multi-family properties making them much wealthier individuals than an occasional house flipper.

Olivia Apartments Joplin, Mo.
Owned by Sam Joseph 2004-2008

Investing In Out of State Real Estate

When it comes to Real Estate Investing it takes a lot of consideration to make the right decision. It is not always easy for the investors to sink their teeth into local markets so many opt to pick up properties out of state. A lot of investors think that cheap is good. What might look like an appealing deal may not actually be all that it is cracked up to be.Before making an offer on out of state property the investor has to take a good hard look at the following.
Reasons to Buy 
One factor that leads people to consider buying property far from home is that property may be more affordable in another state. Perhaps you live in an area like San Francisco or New York City, where property costs are sky high. If you simply can't afford to buy a place where you live or if doing so would require investing the majority of your money in real estate and you'd rather diversify your investments, you may want to look at other cities where market fundamentals are sound but property costs are significantly lower.
People who live in depressed areas but don't want to move for work or personal reasons may be better off renting in their hometown and investing in real estate where the economy is stronger. For example, if you lived in Las Vegas, the city with the highest foreclosure rate during the housing bust, you might have wanted to buy property in a market where median sales prices remained relatively stable, like Charlotte, North Carolina.
Perhaps the main reason people decide to invest in property out of state is that the return on investment (ROI) may be better there than it is at home. Purchase prices, appreciation rates, mortgage expenses (if any), taxes, housing regulations, rental market conditions and more are all factors that might be more favorable in another state and will contribute to a property's potential ROI.
Challenges to Consider
When you invest out of state, you must overcome your lack of familiarity with the out-of-state real estate market and with its local economic conditions, both at the city level and the neighborhood level. You won't have the same intimate, day-to-day knowledge of a distant market that you have of the market where you live. You don't have an in-depth understanding of the best neighborhoods - or the worst. You will have to rely on word of mouth, research, gut instincts and the opinions of any professionals you hire.
Understanding the all laws and regulations regarding property ownership and property taxes in a place where you don't live is another major challenge. Even if you read every line of the local codes and ordinances, what it says on paper and what happens in reality don't always match up. It's crucial to talk with property owners in the area to gain a true understanding of local regulations.
You'll need good contacts in the area to make your investment plan successful, but when dealing with a distant city, you may be starting from scratch in finding quality professionals such as real estate agents, property managers and handymen - the people who will be the key to your success or failure.
Buying Out of State
The secret to many out-of-state investors' success is to find and hire an excellent property management company. You'll need them to help you fill vacancies, collect rent, make repairs and handle emergencies. If you lived in the area, you might choose to manage the property yourself, but if you live far away, professional property management is an extra expense you simply must incur to safeguard your investment. As experienced builder and property manager Rusty Meador advises, "No matter how good of a real estate deal you find, it is only as good as its ability to be managed well."
Be aware that even with a property management company on your payroll you'll still need to make occasional visits to your property to make sure that what managers and tenants tell you matches reality. This is an additional time and money cost that must be considered.
Also, when purchasing rental property, especially rental property out of state, you're likely to encounter higher homeowners insurance rates, higher mortgage interest rates and higher down payment requirements because lenders will consider you a riskier borrower than an owner-occupant. You'll also complicate your tax situation by owning rental property and earning income in more than one state. You may need to hire an income tax professional to keep you in the tax authorities' good graces.
When considering all of these factors, you may find that being an owner-occupant or purchasing investment property at home is a much simpler and less expensive proposition than purchasing out of state.
Before You Buy Out of State
If you're still intent on buying out of state, be sure to heed these additional warnings.
Do not buy sight unseen - the property may not be what you think it is. Online information on a property can be out of date, and a local real estate agent or property owner who isn't looking out for your best interests might lie to you to close a sale. If you unwittingly become the owner of a nuisance property that violates health and/or safety laws, you can find yourself on the hook for numerous code violations that will be time consuming and expensive to fix. If a property has been vacant for long enough, it can develop maintenance issues that cause such disrepair that the city deems it a safety hazard and bulldozes it. You might even wind up on the hook for the demolition bill.
Some property investors have found bed bugs, termites, roaches, mice or other pests to be their downfall. Without an in-person visit to the property and a professional inspection to check for these issues, you could become the owner of a property that is not habitable. Scott Paxton of the Rental Protection Agency advises that bed bug complaints have become increasingly common and this problem can be very expensive to get rid of.
Finding quality tenants is extra important for absentee landlords. You won't be there to keep a close eye on your tenants' behavior or their treatment of the property, nor will you be there to pressure them to pay if the rent is past due. In addition to hiring a top-notch property management company, you want to have tenants that won't cause you or your management company any headaches.
Finally, if you've never owned property, buying your fist property out of state is extra risky. No matter how many books you read on property ownership, there is no substitute for real-life experience. Without any experience in property ownership and without the firsthand knowledge that comes from living in a property day in and day out, you might miss important property maintenance considerations on your out-of-state property.
Out-Of-State Alternatives
If you don't think you want to buy property where you live for whatever reason, there are other ways to get into the real estate market that are much simpler than investing out of state. One option is the real estate investment trust (REIT). Investing in a REIT or REIT ETF is similar to investing in a stock, and you can choose a REIT with a risk/return profile that fits what you're looking for. And just like when you own a stock and you aren't responsible for making decisions about running that company, when you own shares of a REIT you won't have any of the headaches that are associated with actually owning a property. (To learn more about REITs, read What Are REITs?)
You might also take a second look at buying property where you live - even if you don't want to live in it. Maybe you've been renting in San Francisco because you aren't interested in living in the only place you could afford to buy - a 250 square foot condo. But would you be willing to own that condo as a rental property? It's likely to be easier to buy and own a place near your home. It could be more expensive or less profitable, but you may find the extra cost or lower ROI worth the reduced hassle.
How to Make it Work
If you are going to buy out of state, buy in an area you are familiar with - perhaps where you went to college or where you grew up. It's better to have some knowledge of the area than none at all. As a bonus, if you buy in an area that you normally visit anyway, your leisure travel can become at least partly tax deductible because you will be adding a business component to those trips to check up on your property. (There is an alternative to letting your cottage sit empty all year, but turning a profit won't be easy. See Vacation Home Or Income-Producing Investment?)
Buy in an area with some similarities to the area where you live, such as climate, demographics or property age so that you have some idea of what you're dealing with. If you have lived in a 1960s suburb of California your entire life, don't buy a 120-year-old property in Boston.
Don't buy a high-risk property. Buy in a primarily owner-occupied neighborhood to attract tenants who are a lower economic risk, says Ryan L. Hinricher, a founding partner of the investment home sales company Investor Nation. A high-quality property will"typically have less maintenance and upkeep. These properties also rent more quickly as they usually have modern layouts and an adequate count of bedrooms and bathrooms," he notes.
Finally, as mentioned earlier, it's crucial to build a great network of professionals to help you and to occasionally visit your property yourself.
The Bottom Line
Investing in property out of state is a high-risk proposition and a major commitment. Before you do it, make sure you truly understand what you're getting into and are prepared to meet all of the related challenges.

Peter Thiel Funds Liberty Island "Free from Moral Code & Laws"

SJoseph Development Group has gone into some fairly uncharted waters in the past. We have developed properties in areas where peoples views on lawlessness were pretty clear. But Peter Thiel, one of the original backers of Facebook takes the term "Maverick Investing" to an all time high. He has given $1.25 million to an initiative to create floating libertarian countries in International waters. Thiel has been a big backer of the Seasteading Institute, which seeks to build sovereign nations on oil rig-like platforms to occupy waters beyond the reach of law-of-the-sea treaties. The idea is for these countries to start from scratch--free from the laws, regulations, and moral codes of any existing place. Details says the experiment would be "a kind of floating petri dish for implementing policies that libertarians, stymied by indifference at the voting booths, have been unable to advance: no welfare, looser building codes, no minimum wage, and few restrictions on weapons."

"There are quite a lot of people who think it's not possible," Thiel said at a Seasteading Institute Conference in 2009, according to Details. (His first donation was in 2008, for $500,000.) "That's a good thing. We don't need to really worry about those people very much, because since they don't think it's possible they won't take us very seriously. And they will not actually try to stop us until it's too late."

The Seasteading Institute's Patri Friedman says the group plans to launch an office park off the San Francisco coast next year, with the first full-time settlements following seven years later. Thiel made earlier news when he put up a portion of his $1.5 billion fortune towards an initiative to encourage entrepreneurs to skip college!

5 advantages of using Private Money

The 5 Advantages of Private Money over Hard Money Loans or Mortgage Loans

For real estate investors there are numerous benefits and advantages to private real estate money versus hard money loans or mortgage loans to fund your real estate investing business. Knowing the advantages can mean the difference between making a real estate deal work or losing a good deal to your competitors. As the credit-bubble continues to unwind, traditional sources of real estate financing are drying up and real estate investors need to find alternative sources of capital such as private real estate money.

Advantage #1: Speed and Cash Flow

The ability to close a real estate deal in less than two weeks is a huge advantage over having to wait weeks or even months for a typical bank loan approval. The importance of speed cannot be overstated in a competitive market and quick cash gives you a big edge over other investors.

Imagine if you are the seller and someone comes to you to buy your house and has a two or three month escrow period before closing plus several financing contingencies versus another investors who will close in two weeks with no contingencies. Not hard to tell which offer the seller will accept! And the real power of this offer is the seller may accept a lower price to close quickly with no contingencies. So not only do you get the deal from the other investor, but you get it at a lower price. The power of private real estate money is the ability to close quickly and drive better deals terms to your advantage.

Advantage #2: Simple Paperwork

Have you ever gone to a closing on a traditional mortgage loan and had to sign 2 inches of paper work. Now image going to closing and only signing two or three documents (yes that is not misprint). Private real estate money deals are incredible simple and the total paperwork is normally less than 10 pages and includes two or three simple documents. The documents included in a private real estate money transaction are a mortgage (Deed of Trust), an installment note and possible a disclosure statement. The only other required paper work is to name your lender on your property insurance as you would in any normal loan situation.

Advantage #3: You Control Terms and Conditions

One of the incredible advantages of a private real estate money transaction is you control the terms and conditions of the loan. For example, you can offer a very short term loan of only 6 months if you know you are going to flip the property for quick profit. Or you can offer a 5 or 10 year term if you plan on holding the property for a long term rental. You can also control the conditions of the loan such as not allowing a prepayment penalty for early prepayment. Most normal mortgages and hard money loans require a 1% to 10% prepayment penalty to pay a loan off early. With private lending transaction you control the conditions and can simply add a clause that allows an early prepayment without a penalty. That can mean a huge savings down the road.

Advantage #4: Reduced Fees and Costs

Private real estate money is less costly than mortgage loans or hard money loans. For example, most hard money loans can ultimately have total interest cost of 20% or greater by the time you factor in all the fees, points, interest and other costs. Even mortgage loans can be very costly with fees and upfront points factored in and the high interest rates most investors must pay versus home owners. Loans from private real estate money sources usually have no points and very few costs. The total cost of most private loans is somewhere in the 9% to 15% range with little upfront or back-end fees.

Advantage #5: Flexibility

Private real estate money provides tremendous flexibility for both you the borrower, but also for the private lender. The private lender can invest small amounts of $5,000 or less in deals or large amounts to fund larger apartments or commercial property purchases. You can also work with lenders to structure a term that fits the lenders needs.

SJoseph Development Group believes in the power of private money when it comes to Real Estate Investing. There is no greater way to building a faster path to financial freedom than using the power of readily available cash when negotiating a deal.

Here is what to do now:
Sign up for my Free Information using the opt-in box on
Subscription To Newsletter

Here’s what you get:
Free information and a series of e-mails about how to
Find Investors & put groups of Investors in Real Estate
together to buy real estate YOU control and co-own with them.

Here’s how it can benefit you: Wealth & Financial Freedom can follow from your efforts to
Find Investors & put together groups of Investors in Real Estate.

Official Launch

Thank you for stopping by Maverick Investing. We will officially launch our blogsite Aug 15, 2011. We will cover multi family investing, hard core deal structuring and the over all philosophy shared by the SJoseph Development Team. We look forward to investors and people who are curious about real estate staying engaged with what we do. So please stop back by and join in on the movement.

SJoseph Development Team