All Forum Posts by: Jabari Long

@Robert Collins No problem. I’m in Atlanta once a month. Maybe we can connect while I’m in town.

@Eric Wills If you're looking for content and contacts I definitely suggest Michigan Real Estate Investors Association. They have monthly regular meetings in addition to Saturday intense trainings and bootcamps. This is the most robust REIA in the area and they offer tons of value.

https://www.michiganrealestateinvestors.com/Default.aspx

@Eric Wills I have been licensed and investing in the metro Detroit area for over a decade now. I have tons of resources. Let me know what you need and I can send you some contacts.

@Travis Gibson I have been in this position and what I can tell you is that raising capital gets easier after you have gotten a few syndication deals under your belt. This means that the first few deals may need to be self funded so that you can develop a track record. Very few investors will want to take a chance on you on your first deal.

@Robert Collins To achieve 2% Rent to Price ratio is very aggressive. I’m not saying you can’t locate deals like this, however, the volatility of income is higher than say the 1.25%. The higher returns presents another level of challenges. I suggest exploring all your options before pulling the trigger.

@Jordan L. Webster welcome to BP! You will find this site very resourceful. I’ve been working the metro Detroit market for a while now. Let me know if I can assist in any way.

@James Wise Cash Flow Detroit operates in the metro Detroit market. We’ve been a turnkey provider since 2014 servicing local, national, and international investors.

@Patrice Bocci Once you read the book Long Distance Investing you probably won’t be so timid about investing away from home. Education is key as well as building a network of reliable knowledgeable people. Lucky for you you’ve come to the right place, BiggerPockets!

@Greg R. Turnkey rentals is what I suggest based off your situation. The prices in the midwest offers the opportunity for you to cash out properties with your IRA money or leverage them in your IRA putting approximately 40% down on each. You can really exploit that tax deferred income especially if you don't need the money now.

@Amy Colleen Rink If you close at a title company, which I always suggest, there will be closing costs. With cash transactions they are nominal.