GO BIG OR GO HOME!!

[Karen Margrave]

Being around Xtreme athletes for years, that was a common saying around our house with Professional Freestyle MX riders practicing in the backyard. When it comes to real estate investing, I've been reading how many of you have reached the limits your banks will loan for SFR homes, and you're wondering what to do, and how to get the banks to lend on more than 4 properties. As a developer of commerical projects, I am curious as to why some of you with the means don't buy fewer, but larger projects? @J Scott, Will Barnard, K. Marie Poe and others.

I know some of you like Rich Weese and Bill Gulley have in the past, but are slowing down LOL

This isn't an ad for my projects. However; I know that projects such as the ones we develop are in other areas. We are currently getting ready to develop a medical office building. It will be built as a condo project, which allows smaller investors to get in on a larger project. I know some of you have the wherewithal for such investments, and I am curious, have you ever looked at such a project for your investment portfolios? If not, why not? Not medical space per se, but projects of a commercial nature, that aren't multi family or housing related.

Weigh in!

[Account Closed]

I get asked this a lot. I been thinking about a lot too. My family has been ready for me to transition out of deals with properties values under $200K for quite some time now.

When I started in REI I had two homeschooling kids at home. My time commitment (very limited), my skills at the time, and my huge aversion to risk all contributed to working markets where I could wrap my head around the numbers in a worse case scenario. I've never done more than 12 deals year, so it was easy enough to manage the capital outlay and my time. Most of my deals are research intensive, some have been totally virtual. So far, that hasn't lent itself to the bigger numbers.

My youngest is 18 now, so my focus is different now. I'm looking at other things I'd like to do in RE. I look at a lot of rehab projects in CA where one deal's profit is my annual net. But the cash outlay is a lot greater and time frame a lot longer. And there's risk, period. Young adult children cost a lot of money compared to ages 1-18. I'm not yet in a position to risk any of my own money while they are at this stage. But I have lots more time to focus on REI, that's for sure.