All Forum Posts by: Adam Sheren

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@Roshan K. - If you go through the list of replies you'll see a lot of great books, all of which would offer something of value - I've really enjoyed these (not in any particular order):

Building Wealth one house at a time

Think and Grow Rich

Rich Dad Poor Dad

Investing in Apartment Buildings

Buy it, Rent it, Profit

The Best Real Estate Investing Advice Ever

The Secret

The Millionaire Real Estate Investor

Killing Sacred Cows 

How to Win Friend and Influence People

@Megan Greathouse Great info, Megan. As I'm sure you can attest, there's nothing more inspiring than reading ACTUAL results. Thank you for your post & pictures. You represent the BP community well and have transitioned from the inspired to the inspiree!  Good luck with your future investing.

I do have a question related to the terms of financing - where are you finding 30 year am loan for an investment property?

@David Faulkner Thanks, David. I'm from a very small town and have been told I'm transparent to a fault. Using the term "sell them on" was an abbreviated, un-educated use of - "What information should I be providing them to help them understand why their $$$ is better off with me than in the Stock Market." Your suggested approach seems not only, most appropriate, but also seems that it would align me with people I would actually want to work with.

Thanks for your advice.

Bill F. Interesting. That thought never crossed my mind. I'm thinking this is not necessary in a JV situation but if I'm looking toward syndication I better start educating myself. Thank you!

Bill F. Forgive my ignorance, PPM's??

Forgive my ignorance, PPM's?

@Bill F.40 unit, 3 buildings - in my market (where I live), coming out of USDA being offered with ability to turn to market rate rents. Have pre approved Sr. financing of 80% LTV, 20 yr. am (possibly 25) @ 4.25% (great relationship with lender). Offered at 8% Cap. Looking at 10% cap offer (based off my projected gross rents and historical expenses) need $200-$237k investment to cover down payment. I have funds to cover closing costs ( appraisal, title, transfer tax, environmental, etc.)

Bill F. Jeff Greenberg thank you both. My initial thought was a JV. It is clear I have much more research to do on syndication. I appreciate you both taking time to help educate me. I also would never use the term guaranteed, as I'm sure you wouldn't either Bill. As for the question pertaining to how long an investor may want to keep his/her $$$ in a deal perhaps stating I was planning on some type of partnership explains that. Also, it may be some other type of financing that may suit my needs. Again, I'm looking for down payment cash, and how to appropriately structure a deal that is solid for all parties involved.

Nathan Click Mr. Click - what types of financing do you specialize in?