All Forum Posts by: Cameron Lam

Awesome post. Thanks for sharing and wishing you continued success!

@Cameron Lam Thanks for sharing this story. Can I ask if you have to personal guarantee your mortgages? Were you eventually able to stop providing a guarantee as your portfolio grew?

How did you evaluate your debt risk at you continued to add properties?

First time post for myself. Your post grabbed my attention and enjoyed the read. I'm 28 and starting to get my feet wet with the rental/real estate market in MN. Awesome to see the exponential growth potential! 

Haha! Yes we are building in the Hamptons neighborhood right now and our current home is just a few neighborhoods over. I'm mostly doing buy and hold investing with long term rentals. 

Vineyard has had a lot of vacation rentals and renting by the room but they are starting to crack down on that. You can't have a multi unit unless you are living in one of the units or were grandfathered in and they are getting strict about the no more than 3 unrelated parties in a single residence so renting by the room is going away in the family neighborhoods from what I've seen and heard. But despite that rents are pretty attractive because these are the newest and nicest homes in the Provo/Orem area.

@Cameron Lam super inspirational stuff. This post has got my wheels turning on how I can grow my portfolio faster. I own three homes now and am building house number four that we will live in and rent out the basement. I saw you are building in Vineyard Utah. Any chance it’s in the Hamptons neighborhood? Regardless I’d love to connect when you move up here. 

Great time lapse of your path to success! Looks like 2020 has been your biggest year so far too.  Your stats have me beat right now, but let's race to that 500k mark. Best wishes from NC 

@Cameron Lam Great stuff Cameron, how do you plan to deal with showings/vacancies for your Arizona rent by room properties once you move to Utah?  Do you have virtual tours for all your properties?  Do you let the tenants choose and you screen the prospective applicants? Or, are you planning on having someone handle that aspect of your business?