All Forum Posts by: Babi Shimon

Quote from @Patrick Roberts:

Hi Babi,

What specifically are you looking for in the Columbia area? Realtor, contractor, project manager, property manager, lender, etc? I can connect you with the professionals I know who operate in the Midlands. 

Thank you!
It will be great!
Please pm me

Quote from @Connor Hibbs:

Hi Babi,

you should look to put together a team consisting of an agent, a property manager, and a lender for SC if you aren't going to be there physically. You can use the agent and property manager to help you find tenants once the rehab is completed as well as get referrals for good GC's in the area. Having two opinions on the GC's will give some reassurance that you're getting the GC who does the best work, not necessarily someone that the agent or PM have ties with. Then having a lender to help fund your projects quickly and efficiently will help you to expand and grow your portfolio quickly.

Yep.. that's exectly what I do in pittsburgh and I have my guys over there.
Now have to put together all of those guys in SC.
the problem is when I want to post about realtors, managers and stuff, BP doesn't confirm my post lol
This is why I saked it like that

Hey everyone.

we are investors who thinking to expand to SC.

we are on the brrrr strategy, looking to contact with people who can walk with us and be our team on the ground.

Please contact me

Best regards

Babi

Quote from @Luis Blanco:

Hello

We have an extensive portfolio in Pittsburgh, PA. SFH. Fully renovated. Please reach out privately for further info. We entertain each and every offer.

 Send me details please

Hey Carson,

can you send more details please?

Ok ok ok...

So as I said, we are new to invest in Tulsa but we are active investors already (not in Tulsa ok)

We are not live in US but we have our LLC+EIN and we are looking for our new team.

Hope to find good people for the long therm :)

Quote from @Nicholas L.:

@Babi Shimon

yes for sure - like I said, it's still a viable strategy and you can still build equity.  there's just less / no cash flow once you refi.

I think the both of them (sub2 or refi..) the cashflow will be realy small, I mean something like 200$/m.
But with the refi you can get all of your money back to your pocket but not always. and with the sub2 you have to put money.  like 10k - 15k all the time cause you pay for the wholeseller and Cc and if the seller need something too..

 Every property have another story but it looks like there is not a lot if different between both of them.

Quote from @Nicholas L.:

@Babi Shimon

well...

with BRRRR, it's actually not at all easy to find the deals. I've done a few, a couple home runs a few years ago but that is much more difficult / not possible anymore with the increase in rates. you can still build equity but then you don't cash flow.

i don't have any interest whatsoever in sub2.

 When you are going to A areas I can understand but b- to c+ areas still working I belive.

For example if you buy and fix for 80k and sell for 110k or 120k, why sell? Refi is better option I think

Hey guys, I have a question.

wanted to know what is the best strategy for you?

Cause as I see it -

in sub2 you don't have to put money in the deal + the rate for the mortgage is lower most of the time, but the work for find the deal and get the deal done is hard.

with brrrr it's easier to find the deals, I mean you can also find it on MLS but you have to put money of front and get it back when you refi...

so I'm little bit confused

thanks

HEy everyone,

want to know if someone here have expiriance with rentals for students?

what should I know before I rent my property to students?

Do I have to calculate extra repairs or something?

thank you