All Forum Posts by: Damian Walker

Don't call the do not call list. A good dialer will tell you which phone #'s are of that category. 

For those of you local to Cincinnati, I'm hosting a multifamily meet-up on February 8th at Fueled Collective in the Rookwood area, 6:30-8:30pm. Reach out to me if you're interested!

Good evening,

I am an remote investor located in New York. Looking to invest in Cincinnati, OH.

My goal:  Looking to close on 16-24+ Value Add small multi family homes in the C to B+ areas. (Looking to crack into commercial in the near future)

Level of rehab preferred: Cosmetic - moderate (Will consider full gut if the deal makes sense)

Criteria:

MFH (off-market)
2+ Units
$350k and under (Will increase if the numbers make sense)

I am looking to really solidify my core 4 & get deeply educated on where exactly the C to B+ areas are.

We are closing with hard money and already have pre approval and liquidity to move forward on deals immediately. 

If there is anything that I can do to add value as well please let me know.

Thanks in advance.

 Sounds like you are on the right path. Get to know some title reps too as they are really helpful, and you will be using them.

Go crush it and make it win win win!

@Damian Walker reverse it all the way see who is buying all cash and look them up. Network and get out there, partner up with HML and agents. Send deals to them as they likely are going to have buyers.

Hey Mike!

I'm in the Boardroom mastermind, and work with wholesalers nationwide. Anywhere between 60-70% of their "cash buyers" use financing. One of the best approaches is to partner with a lender. Lenders talk to buyers all day, and the buyers shop for financing before locating a deal. The lender is looking to finance a deal, and rather to wait for the investor to find a deal it's much easier to partner them with someone who has inventory ready to go. I run this play daily with great success. Happy to connect if you have any questions.

Good luck!

The best time to set up your entity is now. You should not wait to have a deal on the closing table to form your LLC. With excellent planning you can utilize each "cell" or series for multiple outlets aside from holding real property.

The SLLC model is a great asset protection strategy for real estate investment if structured properly. Be sure to work with a corporate advisor who can help you understand the formalities you will need to follow so as not to pierce your companies vail. 

Proper structuring is key here.

@Damian Walker- welcome ....begin  a  loan pre approval with a lender  for  a certian hypotehtical  scenario ..the process is free  and  will allow you to learn and understand the  numbers  and  hopefully  will help you get moving :)

Hello and welcome Damian! I am from Cincinnati and just bought my first duplex almost a year ago. I was also on analysis paralysis. Finally taking a "dream" and turning to a goal I was able to pull my self out. The goal seemed to be far from achieving but by making sound financial decisions, taking tours of properties, talking to a few different realtor and settling on one. I was able to express my goals to the realtor and it helped tremendously. Kind of like getting an accountability partner. I started touring houses and put in offers! The goal felt within grasp along with the feeling of confidence I was going to get a property that will benefit my future self! 

One thing I need to do better is to network and meet more investors and build relationships. 

You can do this! Anytime you'd like to chop it up about real estate I'm game. Unfortunately I don't know much about anime or games (besides madden and MW2)