Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Brandon Schoen

Brandon Schoen has started 4 posts and replied 7 times.

Post: Rented SF property with equity - investor deal avalable

Brandon SchoenPosted
  • Investor
  • Albuquerque, NM
  • Posts 8
  • Votes 1
Hi, I'm wondering if I can get in contact with any investors here that would be interested in a rented residential single family with equity. It is urgent. Please let me know right away. Thank you. Brandon

Post: new investor from New Mexico

Brandon SchoenPosted
  • Investor
  • Albuquerque, NM
  • Posts 8
  • Votes 1

@Robert Salazar  great to see a local investor... I'm currently up in CO on business and will be back in December...   I'm open to investing anywhere to hit my freedom number. I have one rental in Albuquerque at the moment and would be interested in doing more, I'm more market agnostic and just looking to get in the game and get deals in the fire. 

 What sort of deals are you working on and having success with in ABQ?

Post: IRA investors for turnkey deals?

Brandon SchoenPosted
  • Investor
  • Albuquerque, NM
  • Posts 8
  • Votes 1

hey everybody! Where would be the best place to find qualified potential investors who have an IRA they want to invest into real estate? My plan is to get my first buy/hold deals up and going by partnering with investors with an IRA who just doesn't have the time or knowledge on where to find the deals so I can help bridge the gap. Also would it need to be a self directed IRA ?

How would you structure this deal to be a win win for all parties?

Post: funding a turnkey deal with private money or IRA?

Brandon SchoenPosted
  • Investor
  • Albuquerque, NM
  • Posts 8
  • Votes 1

@Justin Young  great point I thought the same thing... it happens all the time in other businesses - one person provides value because they know of a resource to find good deals (ie: basic arbitrage buying something for less and selling it for more, providing transactional value perhaps not huge impact)  So in my perspective I would be providing value by taking valuable time to learn where they good deals are and providing a better return for the investor then they are currently getting and then bringing the deal together, they may want to invest in real estate but they just don't have the time or know where to look.   Would it be ethical to tell them these are my "connections", or wouldn't they see this somehow through the paperwork?  or maybe they don't see any of that because it will be separate and they'll just see the note secured by the property.  Anyhow, I'm just looking for a creative way to get into buy/hold properties with other people's money to get started. Any further advice or wisdom is much appreciated!!!!   thank you thank you

Post: funding a turnkey deal with private money or IRA?

Brandon SchoenPosted
  • Investor
  • Albuquerque, NM
  • Posts 8
  • Votes 1

@Mark Nolan thank you Mark. Would the IRA owner simply be earning a greater % return on their money with no ownership of the actual property correct? What if they additionally wanted to own more of the equity or cashflow in the deal. Ideally, how would you specifically structure this? (ie: 10% interest for 10 years with balloon?) thank you!!

Post: funding a turnkey deal with private money or IRA?

Brandon SchoenPosted
  • Investor
  • Albuquerque, NM
  • Posts 8
  • Votes 1

Until I'm ready to do conventional financing with my own capital, how would it be possible to structure a deal with a third party private money investor (or their IRA) so that they contribute the DP and it still makes sense for everyone?

I'd really like to get in the game without using my own capital at the moment and I've found some really great turnkey providers to work with.

Let me know if you have any thoughts on this,
thanks

Post: new investor from New Mexico

Brandon SchoenPosted
  • Investor
  • Albuquerque, NM
  • Posts 8
  • Votes 1

Hey everybody! Excited to be here, mostly interested in Buy/Hold and have done 1 deal so far and looking forward to creating legacy wealth with you all!