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All Forum Posts by: Brian Lucier

Brian Lucier has started 12 posts and replied 142 times.

Post: Top Markets for Rental Properties 2024

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201
Quote from @Jesse S.:

What are the top markets right now for buying rentals right now?  

Hi Jesse, I get asked this question all the time.
"What is the best market to invest in?"
My answer is always the same...

"The market YOU KNOW the best."

Looking at the entire nation for the top markets is great, but do you have the bandwidth to set up teams in those areas? That can take some time to build the teams, vet them, and be prepared to have some "BiggerPockets" for your reserves if things go south. Investing out-of-state can be even more risky if you do not have experience successfully underwriting, buying, and managing rentals. Mitigate your risks, get educated, get some experience, then determine your targets for growth into emerging markets.

"What is the best market to invest in?"

For me, it is the markets I currently invest. For anyone else, it is the market that they are investing in. You need to start somewhere. Most investors (most) started investing in their backyard because they know that market. Maybe you went to school, or used to work in another area that you know really well. Then that makes sense too. Then, when you have a better idea of your "buy box" and what type of team you need for your particular market and property type, then, I see investors branch out to be investing out-of-state.

So...

What is the market the YOU know the best. 
Start there.

If you decide that market does not work for the numbers you are looking for, then the Easter Egg hunt begins. There is tons of information right here for free to help you find a market for your where the numbers work. Hope this helps...

Post: Off-shore investment properties (Aruba)

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

Bon Bini from Eagle Beach!! 

I live at Azure Residences overlooking the Caribbean Ocean in Aruba. We should chat. I have my DIMAS permit and about 4 years away from residency. Would love to discuss what you are planning to do. 

I was looking up something for a friend here on the island and saw your post. We have been living here for 3 years now. I see your post is 4 years old. Maybe you already figured this out?DM me...

Pasa Bon Noche!!!

Post: ๐ŸŽ™๏ธ Unlock the Spotlight: Be a Featured Guest on our Podcastโ€!

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

Thank you so much Arn!!

I will send you an email with the show details in a few moments. 

Post: ๐ŸŽ™๏ธ Unlock the Spotlight: Be a Featured Guest on our Podcastโ€!

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

๐ŸŽ™๏ธ Unlock the Spotlight: Be a Featured Guest on the โ€œWHY NOT? Real Estate Podcastโ€! ๐Ÿ 

Are you a trailblazer in the multi-family real estate market? Do you have a story of triumphs, trials, tribulations, and victories that could inspire and enlighten fellow investors? We want to hear from you! Join us as a featured guest on the WHY NOT? Real Estate Podcast, hosted by Brian Lucier of BHB Group LLC. This is your opportunity to share your journey, insights, and strategies with our engaged audience of real estate enthusiasts. As a token of appreciation for your valuable contribution, we offer all our guests the raw footage and final cut from the show. Imagine having professionally produced content that not only showcases your expertise but can also be utilized to boost your marketing and SEO presence.

Why choose the WHY NOT? Real Estate Podcast?

๐Ÿก Spotlight on Multi-Family: Dive into the specifics of the multi-family real estate market and showcase your expertise in this lucrative sector.

๐ŸŽค Share Your Story: Inspire others by sharing your personal journey, from tribulation to triumphs, and everything in between.

๐Ÿš€ Boost Your Brand: Receive high-quality raw footage and a polished final cut to elevate your online presence, marketing efforts, and SEO rankings.

๐Ÿค Network with Industry Leaders: Connect with like-minded professionals, expand your network, and open doors to potential collaborations.

Don't miss the chance to amplify your voice in the real estate community and leave a lasting impact on our listeners. To secure your spot as a featured guest, simply reach out to us on this post. Let's turn your story into inspiration for others and celebrate the diverse journeys within the world of real estate!

Ready to share your โ€œWHY NOT?โ€ moment? 
We can't wait to welcome you into the spotlight of the โ€œWHY NOT? Real Estate Podcastโ€ family! ๐ŸŽ‰๐Ÿ”‘

Post: ๐ŸŽ™๏ธ Unlock the Spotlight: Be a Featured Guest on the WHY NOT? Real Estate Podcast! ๐Ÿ 

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

๐ŸŽ™๏ธ Unlock the Spotlight: Be a Featured Guest on our Podcast! ๐Ÿ 

Are you a trailblazer in the multi-family real estate market? Do you have a story of triumphs, trials, tribulations, and victories that could inspire and enlighten fellow investors? We want to hear from you!

Join us as a featured guest on the WHY NOT? Real Estate Podcast, hosted by the dynamic Brian Lucier. This is your opportunity to share your journey, insights, and strategies with our engaged audience of real estate enthusiasts.

As a token of appreciation for your valuable contribution, we offer all our guests the raw footage and final cut from the show. Imagine having professionally produced content that not only showcases your expertise but can also be utilized to boost your marketing and SEO presence.

Why choose the WHY NOT? Real Estate Podcast?

๐Ÿก Spotlight on Multi-Family:
Dive into the specifics of the multi-family real estate market and showcase your expertise in this lucrative sector.

๐ŸŽค Share Your Story:
Inspire others by sharing your personal journey, from tribulation to triumphs, and everything in between.

๐Ÿš€ Boost Your Brand:
Receive high-quality raw footage and a polished final cut to elevate your online presence, marketing efforts, and SEO rankings.

๐Ÿค Network with Industry Leaders:
Connect with like-minded professionals, expand your network, and open doors to potential collaborations.

Don't miss the chance to amplify your voice in the real estate community and leave a lasting impact on our listeners. To secure your spot as a featured guest, simply reach out to us with a comment on this forum post. Let's turn your story into inspiration for others and celebrate the diverse journeys within the world of real estate!

Ready to share your "WHY NOT?" moment?

We can't wait to welcome you to the WHY NOT? Real Estate Podcast family! ๐ŸŽ‰๐Ÿ”‘

Post: Questions on Preferred Rate of Return in Syndication Deals

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

@Arn Cenedella

Perfect cents!! Crystal clear!! Mucho Gracias!!

๐Ÿ‘๐Ÿผ

Post: Questions on Preferred Rate of Return in Syndication Deals

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

@Arn Cenedella

Thanks for the math lessons! Plan and simple to understand, THANK YOU!!

In the event of a refi 3 to 5 years into the deal. If their initial capital is paid off by the cash out refi, does the perf end?

Post: Questions on Preferred Rate of Return in Syndication Deals

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

@Brian Burke

Thank you soooo much Brian!! 
The book is on my shelf and now in my hands!!

โญ๏ธโญ๏ธโญ๏ธโญ๏ธโญ๏ธ

Post: Questions on Preferred Rate of Return in Syndication Deals

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

@Bryan Hartlen

Thanks Bryan, I have done some research and the PRR seems to be an annual event? I am not sure but I think this return happens every year and resets on the anniversary term? Still not sure. Would love to offer something, but need to understand well enough to explain it to my granddaughter.

I guess it all depends in the PPM for the deal. The term could be for the first year, as set of predetermined years, perpetuity, or even based upon a level of investment. The more I learn, the more interesting I find PRR.

Post: Seeking Experienced Out-of-State Investor for Accountability Group Session

Brian Lucier
Pro Member
Posted
  • Property Manager
  • Fitchburg, MA
  • Posts 146
  • Votes 201

Bon Nochi @Jamial Clark

I may be interested in providing you with a spot. We have offices in Massachusetts, Los Angeles, and Aruba and currently do long-term rentals. We currently manage all three Belaire teams from Aruba. 

Island life is great and may make for an interesting interview for your group. If possible, I would like a copy of the zoom video for our SEO platform as well. 

Would you also be interested in a reciprocating RE interview for our platform?