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Updated almost 5 years ago on . Most recent reply

User Stats

15
Posts
10
Votes
Ryan Lauretta
10
Votes |
15
Posts

American living abroad looking to invest in midwest

Ryan Lauretta
Posted

Hi everyone, overall goal is 8-10% COC and total 15-20% ROI 5-10 year period. Strategy right now is to place 50% of the cash on syndicates focusing on class B/C residential assets and another 50% of cash on single family homes with 70-75% leverage. I am not the "analysis/paralysis" type, the opposite - may tend to pull the trigger too quickly. Investigated several platforms:

Roofstock - Found that prices are inflated and many times quants are not dependable.  Highly volatile experience from many people - some discussions here made me think twice.

Crowdstreet - looks dependable enough, anyone has experience there?

Read blogs, listened to podcasts, books, but still seeking a good and dependable place to start, there's so much noise.   Where do you start?  Who do you trust?  

Would love to learn from others' experience good/bad on looong distance investing (+6 hrs time difference EST). 

I work a full time job but can place 20-25% time on real estate research, investment and management.  

Much appreciate the advice

Most Popular Reply

User Stats

135
Posts
78
Votes
Jordan Sinclair
  • Investor
  • Adelaide, South Australia
78
Votes |
135
Posts
Jordan Sinclair
  • Investor
  • Adelaide, South Australia
Replied
Originally posted by @Ryan Lauretta:

Hi everyone, overall goal is 8-10% COC and total 15-20% ROI 5-10 year period. Strategy right now is to place 50% of the cash on syndicates focusing on class B/C residential assets and another 50% of cash on single family homes with 70-75% leverage. I am not the "analysis/paralysis" type, the opposite - may tend to pull the trigger too quickly. Investigated several platforms:

Roofstock - Found that prices are inflated and many times quants are not dependable.  Highly volatile experience from many people - some discussions here made me think twice.

Crowdstreet - looks dependable enough, anyone has experience there?

Read blogs, listened to podcasts, books, but still seeking a good and dependable place to start, there's so much noise.   Where do you start?  Who do you trust?  

Would love to learn from others' experience good/bad on looong distance investing (+6 hrs time difference EST). 

I work a full time job but can place 20-25% time on real estate research, investment and management.  

Much appreciate the advice

 Hi Ryan,

Midwest states such as Ohio see ROI's you are seeking.

All the best on your investing!

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