Robert Velez (@MultifamilyRob) header
Robert Velez (@MultifamilyRob) profile picture

Robert Velez

@MultifamilyRob

Brokering large CRE deals, buying the crumbs, lifting weights and family šŸ¤© DM if you want to sell your investment property

 Bethlehem, PA
Joined July 2014
  • Tweets9.9K
  • Following596
  • Followers6.1K
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Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)Photo by Robert Velez (@MultifamilyRob)
Find deals today ā˜•ļø ā˜•ļø
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Some days in multifamily Property Managment make you want to sell everything you have.
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Robert Velez retweeted
StripMallGuy (@realEstateTrent) profile picture
StripMallGuy
@realEstateTrentSep 18
Dealing with construction is the worst thing about real estate and itā€™s not even close.
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Replying to @MultifamilyRob
Referred to as ā€˜six figure hittersā€™ in our household
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Jay Parsons (@jayparsons) profile picture
Jay Parsons
@jayparsonsAug 18
Wild stat: If the 50 largest apartment owners merged together, their combined market share would be LESS than the market share that GM, Toyota and Ford each individually have of the U.S. new car sales market.
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Stop limiting yourself to one platform. You'd be surprised where your next client is waiting to be found. @MultifamilyRob Learn more prospecting strategies in the full episode: youtu.be/e67rCxpXwm0?si=d1P7ā€¦
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Honestly I should have gone into bigger deals earlier in my career.
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Replying to @MultifamilyRob
Youā€™ll open 10m next week
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Buy apartments they said. Itā€™s passive income they said. (Yes, this was my first multifamily deal) Got a good warzone photo? Send it.
Image from Robbie Hendricks (@robbiehendricks)
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Robert Velez retweeted
StripMallGuy (@realEstateTrent) profile picture
StripMallGuy
@realEstateTrentMay 6
Donā€™t date, rent to, live next to, borrow from, lend to, lease from, hang out with, or marry crazy.
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Robert Velez retweeted
David Cohen (@TheDavidCohen_) profile picture
David Cohen
@TheDavidCohen_Apr 14
When cold prospecting and choosing between cold calling or cold emailing your next potential deal, whichever one will get you to a decision maker first is the way to go. Naturally, that translates into cold calling the mom&pop/private guys and cold emailing the big boys.
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Robert Velez retweeted
Sky Velez (@SkyVelez_CRE) profile picture
Sky Velez
@SkyVelez_CREMar 31
Mixed-Use Investment Opportunity Pocono Mountains, PA 9.15% cap rate Three income producing opportunities: -fully operating restaurant -laundromat -recently renovated 2nd floor apartment. $895,000
Image from Sky Velez (@SkyVelez_CRE)
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Low hanging fruit in multifamily. Properties that have been rundown and neglected by third-party property managers. Thereā€™s a lot of of them.
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ā€œGonna need a little bit of workā€ Walks over to the unit looks inside. Unit is completely gutted. šŸ˜­
Melian Refugee (@escapefrommelos) profile pictureMelian Refugee
@escapefrommelosFeb 10
$600k for ten units seems better than reasonable, let's take a look at the neighborhood
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Robert Velez retweeted
Skylar Romines (@skylarromines) profile picture
Skylar Romines
@skylarrominesFeb 9
Replying to @TheBrokeAgent @MultifamilyRob
Underrated tweet
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Robert Velez retweeted
The Broke Agent (@TheBrokeAgent) profile picture
The Broke Agent
@TheBrokeAgentFeb 9
Seller: the roof is brand new The roof:
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Sadok (@yesadok) profile picture
Sadok
@yesadokFeb 7
Replying to @MultifamilyRob
The ceilings are artificial.
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ā€œCan we jump on a quick callā€
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Robert Velez retweeted
David Cohen (@TheDavidCohen_) profile picture
David Cohen
@TheDavidCohen_Jan 29
Replying to @AvivaRealEstate @MultifamilyRob
@MultifamilyRob the David Cohen method šŸ¤“šŸ»
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Robert Velez retweeted
Farhan Mahmood (@FARlikewhoa) profile picture
Farhan Mahmood
@FARlikewhoaJan 28
Great time at NMHC seeing friends and colleagues. A few take aways this year: - Lenders are making moves on bad assets, ready to unload REOs and notes. The stuff we have seen has been really tough. - The bar for JV Capital is still very high. The majority of Equity is generally looking for special situations like recaps and loan assumptions. - Co-GP was the word I heard more this year than any other year, like preferred equity 2 years ago. ā€œGive us part of the GP and weā€™ll bring the LPā€ - No one is counting on or expecting rent growth, interest rate drops is cap rate compression
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