All Forum Posts by: Austin Works

@Chris Tracy I completely agree with this, I know there are two sides to this equation. I am just not sure that the value is there for me to spend $10,000 for a remote mentor to send me video clips and articles. I've been very successful at learning (so far) from books, podcasts and networking with other investors. I know many pursue the mentor route as a way to try and skip putting in the hard work to learn a skill. I personally enjoy learning and spend a great deal of time educating myself. I was just curious if it was possible to self educate on this matter enough to find a deal, and maybe syndicate it under an established sponsor? Or maybe something similar? I know books can only take you so far. 

@Greg Dickerson thanks for the info, I will check these out. 

Is there any good content out there for learning syndication without going through a mentor program? 

@Josh Bakhshi I think you may have misunderstood my post. I am currently managing my own properties, and I'm very hands off in doing so by implementing systems. My question is - what long term strategy works for buying these types of properties? Should I keep accumulating these properties for a trade up to a higher asset class later? Should I aim to sell these off as turnkey rentals individually to investors? Or am I building a house of cards by buying these? I am just looking for guidance from people who have invested in this asset class and had a successful outcome. If you have not done this, then this post does not apply to you. 

Up to this point, I've had every property on its own lock, and I keep a copy of all of these keys in a box. What systems are you using that are working for you? I'd like to systematize this now that I'm accumulating more properties and It's becoming harder to 

@Theo Hicks I think I was too vague in my post; I am looking to use social media to generate more leads for my investing business. 

I'm looking to add social media to my marketing campaign. Is anyone seeing real results from doing this? Any tips for automating this process? What criteria do you target on your ads? 

I live and invest in Monroe, Louisiana, which has a very high percentage of the population being considered to be low income. I currently own a handful of SFR in low value areas, but not areas you would consider to be warzones. My questions is - what is the long term strategy ideal for these types of properties? I see the major investors that own hundreds of these in my areas being way more hands on than I want to be, so is there a way to build a portfolio of low income housing without it becoming a job because of it's high maintenance nature?

Is the home in a good neighborhood with a likely possibility of appreciation? 

Also, I would recommend checking out rentometer.com to see what nearby homes are renting for. i use this website often and it's a huge help for me. 

Either way, it's cash flowing and you know rent can be increased over time, I would do it. 

What changes or occurrences have made the biggest positive changes in your investing? As in, the most pivotal moment you can recall?