All Forum Posts by: Ali Nichols

Check out Villa Homes. pre-fab ADUs in CA. 

Some initial thoughts / how I looked at things: 

Financial Stability --> could I float minimum of 3 months comfortably if it was not rented? 

Market analysis --> Similar to the stock market don't get hung up on perfect timing. It comes down to horizon and macro economic fundamentals. So long as you are not looking to get in and get out and you are in it for long term, let time do it's thing. Now if you are considering flipping or any type of renting, depending on your market be cognizant of seasonality. 

Risk Assessment: Comes down to personal preference and situation. But of course different strategies have different risk levels (i.e. older homes, short term vs long term rentals, etc.)

Hey @Pradyumna Dhakal some things that come to mind to assist in scaling: 

1. Portfolio DSCR loans (this helps avoid the slower and more stringent traditional mortgage route)

2. Small multifamily (what we do. we specialize in helping investors scale their small multi-fam portfolio)

3. Purchasing existing single family portfolios (i.e. Check out roofstock or Crexi)

Agreed. Small multi-family in tertiary markets seems like the way to go. Generally encouraged by the right tertiary markets as renters continued to get priced out of tier 1 and 2 metros. 

Hey Karim welcome to BP and congrats on getting started. Lots of good suggestions above. And a lot of different directions you can go based on your goals & budget. 

@Account Closed Not sure I understand the question. Are you lookin to break into real estate and $9m in profit is your goal? If so, anythign is possible of course but would require one heck of a gameplan. 

Hey Willie - are you just looking in Columbus or are you open to other university towns? 

 I like that approach. Always happy to connect and best of luck in your journey!

Appreciate the rant! Similar pov over here....

Supply and demand at the core. Fundamentally, the US is still severely underbuilt. 

We are encroaching on the largest wealth transfer in history from Boomers. This will surely spur some more activity. There is a lot of dry powder sitting on the sidelines deciding what to do. 

Ultimately I see the nation flipping from majority homeowners to majority renters (today 60/40), in 10-15 years, flip that ratio. Owner rental property for long term is still an amazing wealth builder. Of course be smart (i.e. be cognizant of where and asset type) and follow macro demographic tail winds whenever possible. 

@Jennifer Cramer welcome to BP! Such an awesome resource. Any investment strategies you are looking to explore more?