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All Forum Posts by: Collin Schwartz

Collin Schwartz has started 57 posts and replied 385 times.

Post: Professional Athlete to $26mm in Acquisitions under 12 months

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Henry Lazerow, Sam is the real deal.

Post: My 4 Year Journey from 0 to 778 units!

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Sean Stewart thanks for the comment, I haven’t been on BP for awhile so apologize for delay in response. Congrats on the huge profit! I remember when I got $20k and then quit my job, its like entering the matrix.

So Question can you be qualified from a tax/irs standpoint as a real estate professional (750 hours + a year actively in real estate… please check that as I NOT a cpa or advisor). If not you can still defer most of your gains into projects that take on cost segregation studies or have large amounts of capex.

Currently about 2400 units and just switched from buildium to Appfolio. Feel free to PM me if I can help with more in depth discussions!

Post: New To Bigger Pockets

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Jim Sanderson was the individual who helped me close my first project and is an absolute Stud! He is the real deal and is great at brokering midwest projects!

Post: My 4 Year Journey from 0 to 778 units!

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Adrian Fajardo very simply I look to make a connection, listen and if I can provide value. Often times the deals, money, or mentorship will come after.

Post: Who is in Omaha? Trying to find a group

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Alex Chavez welcome, by far the best meetup in town is @Ted Kaasch and the Omaha Reia. They have multiple meetings per month and provide lots of resources (such as discounts at hardware stores). As others said also check out Omaha Real Estate Meetup!

Post: My 4 Year Journey from 0 to 778 units!

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Marlen Weber thanks for reading, and glad I could provide some value!

Post: My 4 Year Journey from 0 to 778 units!

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Jing Wang thanks for the kind words! Look forward to chatting soon.

Post: My 4 Year Journey from 0 to 778 units!

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006
Originally posted by @Moises Guzman:

@Collin Schwartz Happy New year’s Collin thank you so much for the incredible information you laid out for us here in BiggerPockets I’ve started my real estate journey like you as well my first book was Rich dad poor dad I’m still early on my stages in RE I own a triplex an a primary, which I just put it on the market I’m expecting 120k from the sale of the primary an planning to move in the triplex done all the numbers I’ll be living free an a couple of my expenses will be taken care of from the triplex as well ,I have to say yes real estate is a powerful tool totally agree with you ,I plan to refinance an get cash out as well from the triplex ,so all in total if all goes well it will leave me 170k of cash to invest,my question would be what would you do if you had too start with the amount Ill have in hand would you use part of it or deal with a hard money lender too get the best c.o.c return again thank you for your post it clearly shows what real estate has the power to do done right!

Great work on the triplex! Would you mind helping me understand your question about what to do with the $170k from proceeds on the refi? Are you looking to lend or reinvest in other assets or both?

Post: My 4 Year Journey from 0 to 778 units!

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Eric Bilderback if you are looking for excuses I have plenty you can borrow! Have a great 2021!

Post: My 4 Year Journey from 0 to 778 units!

Collin SchwartzPosted
  • Rental Property Investor
  • Papillion, NE
  • Posts 397
  • Votes 1,006

@Shadonna N. Great call! The exit strategy is key and something that needs to be understood on the front end.