All Forum Posts by: Cameron Mehta

SO many people here with opinions that know nothing about Detroit. There are for sure DSCR lenders that lend down to 50k. And the person who said Detroit property rents are so low and won't work for DSCR debt is on crack.

Did you ever invest with them? Hear any other reviews/ etc?

I have 100k invested with PPR Note- it pays .83%/ month, has been super easy and consistent. 

Although they have been fantastic, I would like to find other avenues with similar track records and returns to diversify into. Does anyone have any recommendations of passive investment funds, etc.?

(I also own a small portfolio of single family homes and have invested in apartment syndicates)

This is the company referenced: 

https://pprnoteco.com/

@Deborah Hardin, I bought the property from a seller on craigslist. There is actually a similar property for sale nearby though, maybe that was auctioned?

Please provide emails or send me a pm on bp.

Anyone interested in buying a mobile home park in Arkansas?

31 spaces
26 occupied
7 POH

Cash flows well with ability to grow income

City utilities

Seller financing with a large down payment. Drop your emails if interested or email Cannavesting at g mail

How can feedback be unbiased?

Seems like there is some equity- how much are you wanting to pull? 

Cash out on commercial can be a bit more complicated but I have a few conventional and non conventional long term cash out options that may work for you if the numbers work. Feel free to contact me and I'll take a look!

Let's say that you were not purchasing properties needing lots of rehab or trying to actively flip. Rather wanting cash flow in good neighborhoods with appreciation and cape rate contraction. 

Why would one purchase commercial or residential real estate when they can invest in private funds provided by Crowd Street, MHP funds, Senior Living Funds, etc, or even a bond portfolio. Let's say these investments yield 9-12% cash flow with around 15-20% ytm/ irr and can be reinvested on average every 4 years. 

If this discussion has been had in length elsewhere, you can post that link here too.

Thanks!!

Hi Shray,

I'm a 'dropout' and in your age range so thought I would comment....

Since you are so close to finishing, might as well finish- maybe take some online classes and study in the summer and wrap it up quick. You never know where your passion will fall in the future and a degree may broaden your scope of possibility. 

I was going the medical route and dropped out pretty quick- school was easy but I have never been able to stand authority. Dropped out at 18 then spent a few years becoming really healthy- traveled a lot, went vegan, took a lot of psylocibin, taught yoga, took care of my body, etc.. However the most significant contributor to my stress was financial indeterminacy.

Now- I run a mortgage business and make 250-300 a year working about 15 hr weeks and am 23 yr old.

BUT... being in the mortgage business, for me at least, is not as intellectually challenging as school was. And I am probably somewhat limited, at this point, from being able to work on larger projects that speak more to my heart and what I enjoy in life. But have the ability to travel a lot, cook a lot, and work for myself.

So all in all, if you are close to being done with school, finish it because you really don't know what you will want to do when you are 30 or 40 or 50. But, you can make great money in finance. Bottom line is that you are coming to a point in your life where it is up to you to create a life that makes you happy and a degree can open more doors. Take an honest look at what your skill sets are, how you love to spend your time and also how dropping out would effect your relationship with family and peers. Then make the decision for YOU!