Questions for an investor with 600+ SF properties?

[Zoran M.]

Hi all –

I'm a new investor and am in the process of securing private financing and establishing an LLC. I've seen quite a few REOs already and will be placing bids once my LLC is established just after year-end.

In the meantime, I’ve been reaching out** to local buy-to-hold investors and have tentatively scheduled a meeting with an individual who owns 600+ single family rental properties and a handful of apartment complexes.

While I have a laundry list of questions I’d like to ask him, I wanted to see if the BP community had any questions they want answered? If it’s okay with the investor, I will post his responses after we meet.

** I see a lot of "seeking a mentor" posts on BP. While this is a great community, there are plenty more investors out there than just those on this site. Do a Google search. Check out LinkedIn. Scan local newspaper articles. Find a name and offer to take them to coffee/lunch for a chance to pick their brain. You'd be surprised how often people are willing to share their wisdom.

[Dawn Anastasi]

I guess the first question I'd ask is why so many SFH and only a few apartment complexes?