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All Forum Posts by: Cara Kennedy

Cara Kennedy has started 25 posts and replied 174 times.

Post: How Many RE Investors are Engineers?

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

A lot of us!! Civil Geotechnical Engineer here. I'm investing in Flint and the Detroit area so far. Would love to connect with you folks if you're interests lie here or in commercial MFH. All the best to you and yours!

Post: Flint, Michigan Investors

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

@Nadiyah M. - Thank you for letting me know. I'm about to close on my first property there. I'd love to connect with some folks who know the area. Do you have any areas you like or avoid? All the best!

@Vernard Kennedy - Great name, I must say, to start. If you're still looking into MFH in Michigan, I'd love to connect. I'm growing into that space and will be looking at properties later this year. I have some connections in the commercial MFH space as well, who are always seeking passive partners. Shoot me a PM if you'd like to connect. Cheers!

Post: Investing in American Real Estate as a Canadian

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

@Tola Kehinde - Nice to meet you. Sending you a PM now. All the best

Post: Investing in American Real Estate as a Canadian

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

Hey folks,

I'm a Canadian living and investing in Southeast Michigan. I'd love to connect you if you need help getting to know folks in the investing or lending space. PM me for more information - @Jashan Mundi @Anibal MejiasAls.

@Solomon Yasin I'm frequently on the lookout for small to mid-sized multi-family units (Southeast Michigan for now) to get into with colleagues or larger MFH projects in an LP position (US-wide). Let me know how I can help!

I hope all is well with you and yours up North!

Thanks @Dylan Tanaka

Post: Investors who have a W2...Are you still investing in a 401k?

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

@Blake Edwards - "Money babies." By far one of the favourite quips I've read on this site. Thank you for brightening my day.

Get your money working hard for you so you don't have to work as hard for money!

Post: Looking to share Larry Harbolt's January 2020 Conf Fees

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

Hi folks,

Is anyone looking for a partnership on Larry Harbolt's January 22-24th, 2020 conference? I'd love to connect, if so. Please PM me.

Thank you and all the best on your REI journey!

Post: 15 or 30 year mortgage on 1st rental?

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

@Joe Villeneuve - thanks for answering this and to @@Masud Khan for asking it. I echo his thought that many calculators tell you to factor all of the cap ex and maintenance out which has seriously impacted some of my bigger deal analyses.

Thank you!

Post: When will Real Estate Fail?

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

@Kai Van Leuven - Hey, I like the spirit of this post overall in sparking analytical conversation. What I disagree with is the tendency for the failure of REI to be based on external factors. Everything I've learned about this industry stresses the need for investors to be pragmatic, forward-thinking, and analytical to monitor industry-recognized market fluctuations. Most things are cyclical and major technological and industrial changes have warning signs.

Being attentive to one's local market, national trends, and keeping emotions out of the business are the key factors for success.

Regardless, all the best on finding the stability amongst the surfing waves of real estate investing.

Post: Newbie to BP, Living in Troy, Michigan (Metro Detroit Area)

Cara KennedyPosted
  • Rental Property Investor
  • Posts 189
  • Votes 62

@Timothy Moore - WELCOME!! I echo @Travis Biziorek and @Dylan Tanaka 's sentiments. There's some of support in the Metro Detroit area. I live up in this area as well and I'm focusing on investing in Oakland and a Macomb. I'm up for meeting up for coffee and/or connecting you with folks who can help you on your journey! Let me know if you want to get a few folks together - I'd love to join. Both Travis and Dylan have some great stories I'd love to hear more about. Check Meetup.com and Facebook for some local groups, too!