All Forum Posts by: Account Closed

I know hand holding can be a drag, but can you expound more on this?

I saw where Will also stated about "looking into HUD particulars for each specific area".

What are the implications or mistakes that would be made?

If you make him your go to guy and you uphold your end of the bargain, there should be no rhyme or reason why he wouldn't want to do the work for you. But, he'll gauge his work and output as he goes in the earlier stages. Once you've shown your diligence, there should be no problem.

You may come to find out this guy isn't what you had expected and that you need someone else to find the deals. Just make sure you put all your cards on the table face up and that you expect him to do the same. That way everyone knows whats on the table beforehand and you are both on the same page with one anothers intentions for each deal.

I'd be interested to see some business plans from some RE Investors. I had a wonderful opportunity to shadow and intern for my best friends father and grandfather at their private equity firm right out of college.

Almost every day we we're having entrepreneurs and businesses come in with their business plans searching for backing. It was very interesting and enlightening to be in the shoes of the investor and see the deals that we're actually done and the ones that we're passed on. You can imagine that most deals are passed on. They had very strict guidelines as investors and we're NOT passive with their fund.

So in short, if you guys wouldn't mind posting some plans or sending them via e-mail, I'd be interested in looking them over. The SBA (Small Buiness Administration) can be a great resource and area to start.

Of few of you guys have mentioned parts of Texas in the Dallas/Fort Worth area and also a few in the B-ham area of Alabama. What specific areas/towns?... and are these for SFR's mainly on a buy/hold cash flow basis?

Buy n' hold is where I'm looking to center my attention and I just am not going to get it done in the So. Cal market.

Alongside that, you guys manage these properties yourselves? If not, have good PM's in place in these areas whom you'd like to refer business to?

Well, there's your first mistake. lol It's watch the Dodgers WIN!!!! :)

I'm a youngster at the tender age of 26:) We're in very similar situations in a very similar side of town. Continued success to you my friend and let us know how things progress.

Cheers!

Hi Munir,

I feel your sentiments. There aren't too many buy n' hold cash flow opportunities in california with the gross rent to value ratios. We're used to seeing rehab/flip opportunities mostly.

I recommend cruising the site and reading up on material from other peoples posts. There is a wealth of knowledge here, and ALL for FREE. The time you put in asking questions will ten-fold the time you get in reading answers to your questions.

What type of rental properties are you most interested in acquiring?

Enjoy!

Hey Tony,

I'm not sure where I'm looking but I can't find any "free" lists on the site. Do you have a direct link on the site?

This is where I ended up:

http://www.melissadata.com/lists/propertyownerlist/selectlist.aspx

and it's not free for lists. Am i looking in the wrong place?

Greatest rivalry of all time:

Spike Lee vs. Reggie miller

I understand the basic concepts of the read. i think also in terms of the 1st time homebuyer incentives where we see home prices finally went up in April. It's obvious that there is a strong pull to try and lead the nation into an optimistic view of stability amongst our banks, which doesn't read to be the case at all.

Can you expound Jeff? I don't want to read into it any more than i need to in fear of wrong assumptions.

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