Sohail Hassan (@sohail923) 's Twitter Profile
Sohail Hassan

@sohail923

Co-Founder @MarketSpaceCap | Transforming Communities, One Apartment Complex at a Time | Tweets while managing/developing $500MM+ | HBJ's 40 Under 40 2023

ID: 14731999

linkhttp://marketspace.capital calendar_today11-05-2008 07:55:58

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Sohail Hassan (@sohail923) 's Twitter Profile Photo

There's no point stopping your underwriting before it's finished Even if you know the deal is no good you're building a data point for future deals More data - more market knowledge It'll all come in use for future evaluations of the area/market.

Sohail Hassan (@sohail923) 's Twitter Profile Photo

Been though a ton of CRM tools and finally settled on funneling dot io Gets us custom funnels, emails, databases etc I think we're settled for now... but anyone use something different?

Sohail Hassan (@sohail923) 's Twitter Profile Photo

Don't be fooled by cap rates in Class C units Often this is misleading beccause the previous owner took a bandage approach to fixing issues which impacts the NOI All it takes is some good marketing and a plan to increase your occupancy And that 5% cap can quickly climb to a 7%

Sohail Hassan (@sohail923) 's Twitter Profile Photo

I’ve had a lot of people ask me how we came up with the name “Artisan Village” People think it’s marketing BS. But the real meaning is a homage to the community of creators that Springdale used to be. Back in the 16-1700’s the bustling city of Springdale was nothing more than

I’ve had a lot of people ask me how we came up with the name “Artisan Village”

People think it’s marketing BS.

But the real meaning is a homage to the community of creators that Springdale used to be.

Back in the 16-1700’s the bustling city of Springdale was nothing more than
Sohail Hassan (@sohail923) 's Twitter Profile Photo

We're trying to bring this in house but property management business is VERY tough. It's kind of a zero sum game -- not really profitable but absolutely necessary. Especially in Class C assets (where we operate a lot) it's challenging to deal with tenants and complaints, etc.

Sohail Hassan (@sohail923) 's Twitter Profile Photo

If you're investing 60/40 on stocks and bonds you might have a problem right now: Positive stock/bond correlation means when stocks are going 📈 bonds are going 📈 But when stocks go 📉 ... Every diversified investor needs asset classes that move independently of stocks and

Sohail Hassan (@sohail923) 's Twitter Profile Photo

Top things to look for in Class C real estate: 1/ Location 2/ Below market rents 3/ High delinquency 4/ Location 5/ Little/no property management 6/ Location 7/ Access to travel/schools/services Anything to add? Location important?

Sohail Hassan (@sohail923) 's Twitter Profile Photo

Can't imagine going into holiday season without a property manager How do you get sleep knowing a pipe could bust any minute?

Sohail Hassan (@sohail923) 's Twitter Profile Photo

Starting a business is simultaneously the greatest, hardest, most rewarding, and most emotionally taxing thing I've ever done. But the lasting effect we're having on communities across Texas is the best feeling in the world. I wouldn't swap it for anything.

Sohail Hassan (@sohail923) 's Twitter Profile Photo

Regular investor: "Real estate is great for collecting rents!" Pro multifam real estate investor: "Real estate helps me reduce my tax bill, it appreciates over time, I get to depreciate it on my income statement, and I can refinance to get bigger assets without paying taxes"

Sohail Hassan (@sohail923) 's Twitter Profile Photo

So excited to introduce the newest member of our family, Asif Rayan Hassan, a bundle of joy named after his great grandfather. Asif was so eager to join the world that we found ourselves with an unexpected home delivery, perhaps one of the crazies most traumatic experiences of

So excited to introduce the newest member of our family, Asif Rayan Hassan, a bundle of joy named after his great grandfather. Asif was so eager to join the world that we found ourselves with an unexpected home delivery, perhaps one of the crazies most traumatic experiences of