All Forum Posts by: Bjorik Mutize

It is a house hack in my eyes. And also aren't you buying your first rental property on this purchase?

I mean...good first step. Living cheaper than average rent costs, debt pay down, rent out your unit after a year or 2 and get more income...helping your parents!

Right path dude. Keep it going. How'd you find this place what's the story?

Those small shop industrial facilities do well in my market. The only challenge is finding areas to build. Are you looking to buy or build?

Great article! ^ 

I'd definitely say take some time to evaluate how to underwrite small multi family.

Search on the forums on how to learn NOI(Income-Expenses), Learn the key return metrics, Learn how to evaluate a deal against the market.

PM me with any questions!

Short-Term Rentals // How to legally earn substantially more revenue off of your investment properties
Learning Objectives:
1. Understand the Pros and Cons for Allowing Short-Term Rentals
2. Explore the many resources that exist to help enforce your decision
3. Learn what choices other communities are making on this important topic

Have you ever wondered how the millionaires of the real estate world avoid paying taxes? When you sell an investment asset you get to face capital gains taxes. What if there was a way to avoid paying any capital gain taxes, and putting all the proceeds into a bigger more profitable asset? Would that interests you? If so, you need to come listen to Joe Vesey speak on 1031 exchanges. He was a recent speaker at the North Star Real Estate Conference and is an expert in 1031 exchanges.

Investing with wise operators in syndication can give you knowledge to scale a bit faster in my opinion. Great education. But again, what is the long term goals? Owning a few units or?

Great story. Thanks for sharing. Best of luck with your investing journey out west!

Questions all over the place. The market wiggling between it's peak and contraction. One index to pay attention to is GDP. Geography is huge as markets change moving across, up and down the us. IE coastal markets vs inland. Don't over-leverage. Offerings usually should hedge against any hiccups with debt service, something you need to verify with your operator/attorney for entity structure. Analyze ROE, ROI(w/Cash on Cash), NOI, Bottom Line Cash Flow, Entrance and Exit Cap.

Network and find yourself a good set of mentors. Age and time is your biggest advantage right now.

Thank you for hosting @Anthony Franklin i'll do my best to make it.