All Forum Posts by: Adam Sheren

Happy Sunday !

I'm in the process of meeting investors to gauge interest in investing money into my REI business to purchase Multi-Family rentals.

What have you found to be the best method/presentation to pitch these deals, and what have you found these investors to be MOST interested in? Appreciation, Return, Equity, Value-Add.

Also, how often do you require investors to leave their money in an investment? ?

Essentially my focus is to find investors to fund the down payment of a purchase. I perform all due diligence, analytics, property mangement, and so forth. Is anyone else doing this, and if so, how are you structuring the payouts/partnership: 50/50, 70/30.

If you've read any number of books on Real Estate investing advice you undoubtedly have come across the suggestion to focus on one aspect of investing in Real Estate :

SFR rentals

BRRRR

SFR Flips

vacant land flips

Multi-Family

2-4

5+

Mobile Home Parks

development

wholesaling

vacation rentals

and countless others..

Is there anyone out there who, either on their own or with a group of individuals, has tried to attack numerous investing strategies, simultaneously as a business strategy, based on what ever deal comes across their path? I have made money doing almost all of the above (no vacation rentals, or wholesaling) and would like to focus no Multi-Family and mixed use investing/development. My problem (potentially) is that I keep coming across other lucrative opportunities with great returns (short & Long term). I believe with the right individuals in place that this may not be as bad an idea as investing guru's may suggest. What are your thoughts to the Jack of all theory??

Joe-

You're plan/strategy is a solid. You've stated you have some landlord experience from the past? Was it with multi unit structures? A much different ballgame than single family homes.

As far as the "job" goes. I think you're focusing to much effort on a title that ultimately has no affect on what you're doing. Investing in real estate is NOT a job. There are millions of people out there who invest in real estate by simply writing a check, that being said, acting as your own GC, landlord, accountant, R&D team, and property manager can certainly be a lot of work, and it's maybe in that context that you're wondering about the term "job".

My only suggestion for you, would be to do the math again and this time include paying a property manager. See what the income comes out too. If you're planning on doing this full time with no other income source to supplement your rental cash flow, then you most likely will not need a property manager. But if your are still planning on doing something else, even if it's part time, it would be prudent to at least see what the costs are!

Most importantly, if you don't quit if/when things don't go smoothly, you will undoubtedly be successful in this venture!!! Good Luck!