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All Forum Posts by: Adam Bontrager

Adam Bontrager has started 18 posts and replied 104 times.

Post: Looking for Accredited Investors

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

Calling all accredited investors...I always have a pipeline of passive real estate projects available for investment. If you're looking for short term, high yield, passive investment opportunities, look no further. Send me a private message and I can give you the details (financials, terms, etc) on the projects.

Post: Looking for Accredited Investors

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

Calling all accredited investors...I constantly have a pipeline of passive real estate projects available for investment. If you're looking for short term, high yield, passive investments, look no further. Send me a private message and I'll give you the details (financials, terms, etc) on the projects.

Post: Real Estate Projects for Accredited Investors - PM for Details

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

Calling all accredited investors...I always have high yield real estate projects available for investment.  If you're looking for short term, high yield investments, look no further.  Send me a private message and I can give you the details (financials, terms, etc) on the projects.

Post: Opportunity for Accredited Investors

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

Looking for accredited investors for a real estate project we've put together. Excellent returns offered and a track record of successful investments. Please PM me or visit www.brelion.com for details.

Post: Opportunity for Accredited Investors

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

Looking for accredited investors for a real estate project we've put together.  Excellent returns offered and a track record of successful investments.  Please PM me or visit www.brelion.com for details.

Post: Cleveland Bank Owned duplex

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

That address is right on the border between Shaker and Cleveland so somewhat of an iffy neighborhood.  I've worked with a few homes just east of there (Pennington, Ludgate, and Chelton).  These were SFRs that rented for $1,000 or so.  I think $500 per unit is a pretty conservative estimate for the address you gave.  You can probably get between $600 or more if you fix the units up nicely.  

I think this would be a fine place to own a rental and the numbers should work but I would be hesitant to go all in without assessing the amount of repairs needed.  Without knowing your repair cost, you really have no measure of your investment required.

Post: How Do You Start Out With Multifamily Units

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

Hi @Treasa Manigault,

An FHA loan will allow you to purchase up to a 4-unit multifamily with only 3.5% down so long as you owner occupy one of the units for a specified amount of time. I'm actually using this strategy myself to purchase a duplex in the Cleveland area.

If I'm not mistaken, you're concerned that you might not earn enough to be qualified for the amount required to purchase a "decent" (by this I'm assuming you mean nice neighborhood, good condition) home. I think FHA is going to be your best option. Private money is going to be quite a bit more expensive than the FHA route. You may need to adjust your search criteria to fit your borrowing range. I'm not familiar with the Los Angeles market but I would assume it's pretty expensive.

Feel free to reach out if you have any questions about the FHA process. I'd be happy to help.

Post: Where would you make a large investment?

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

Hello @Mark Ellis

Any of the options discussed (turnkey, private notes, and crowdfunding) have their own set of benefits and risks.  

Turnkey, although promoted as completely passive, still requires more input from the investor than notes or crowdfunding.  

Notes and crowdfunding are very similar but while crowdfunding is easily accessible and can often be completed online, notes generally require quite a bit of networking on the part of the investor.  I personally prefer crowdfunding because it's more flexible and can easily be conducted virtually but I'm obviously biased due to my previous experience with crowdfunding. :)

@Larry Fried brought up a really great point.  No matter which strategy you decide to pursue, the quality of the sponsor (operator) actually carrying out the project is one of the most important factors.  Look at their track record, Google them to see what others are saying, and do some research yourself to see if their claims match the market conditions.

Feel free to reach out if you'd like to discuss further or if I can answer any additional questions.

Post: Foreign Investor money for US Developers

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

@Dave Park

I'd definitely recommend talking to a securities attorney.  There's a lot of options out there for you but you'll definitely want expert advice to help you navigate the nuances of the laws.  

Regulation D (506b and 506c crowdfunding rules) may be an option for you but as some of the other contributors have noted, you may need to work with a broker dealer on these.  

Post: Feedback / suggestions on my rental investment returns.

Adam BontragerPosted
  • Investor Relations Manager
  • Cleveland, OH
  • Posts 117
  • Votes 50

@Joe Jackson

Since crowdfunding has been mentioned, I'll chime in here.  I work with a RE crowdfunding platform in the midwest and we've successfully deployed several million in capital over the last year and a half that is now paying returns back to the investors

The basic concept behind crowdfunding is that real estate developers often need quick access to capital and traditional lending institutions (like banks) aren't able to provide the capital with the speed required.  Crowdfunding allows these developers to raise capital quickly and easily and they're willing to pay more for that speed and ease.  I've seen preferred returns as high as 18-20% annually although the market is starting to adjust and bring those rates down.  

One of the most important things you want to look at when evaluating these deals is the developer's previous experience.  Investing with a developer that has an established track record protects your investment in a number of ways because A) the developer is going to do their own research and they aren't going to go for a bad deal and B) the developer has an incentive to pay you back in order to protect their reputation.  

Feel free to reach out to me with any questions.