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All Forum Posts by: Delaney Bantol

Delaney Bantol has started 3 posts and replied 15 times.

Post: Mentorship to help get the 1st property

Delaney BantolPosted
  • Posts 15
  • Votes 11

Gino thank you for posting. I would dedicate my time and mentor gets higher percentage of our partnership. I am looking in OH, TX area for now and expand to other states. Buy criteria are 16-24 units B and C class. Again thank you Gino.

Post: Mentorship to help get the 1st property

Delaney BantolPosted
  • Posts 15
  • Votes 11

Jason, I haven't start looking for finance yet. I want to analyze the property before presenting it to possible lenders. Reason for me seeking mentor is to guide me through the 1st  deal and possible partnership. 

Post: Mentorship to help get the 1st property

Delaney BantolPosted
  • Posts 15
  • Votes 11

Hi BP fam! I am still working on getting my 1st property under contract. I am looking to see if any seasoned commercial RE investor (apartments) available for chat or any referrals? Thank you for your time.

Respectfully

Delaney 

@Patrick Drury, thank you. I will be looking more into these area. 

Zac thanks for the insight! I really appreciate it. 

Quote from @Zac Mckenzie:

HI Delaney, a lot of people will say to be carful in the Hilltop and South Linden areas of Columbus because of crime and other negative variables. On the other hand these are also where you might find your deepest buys so it really just depends on your personal strategy and buy box, many investors are having success in these areas. Your desired unit count might narrow your search enough to evaluate everything coming your way. Best of luck


What area to look at and what to avoid. 

I am looking to invest in apartment units 12 - 26 in OH and I am from out of state? Any recommendations?

Post: I want time freedom.

Delaney BantolPosted
  • Posts 15
  • Votes 11
Quote from @Wale Lawal:

@Delaney Bantol

Portland is one of the best places to invest in real estate because of its economic growth and need for housing. Before investing, get to know how investment works, what is happening in the market nowadays, where and how you can fund it from, and finally analyze properties available. These are the things you need to look into: your own parameters for choosing a profitable idea.

The best way to begin is by purchasing a small family house or an apartment building. Also, get in touch with some real estate representatives in your area and those who’ve been doing this for some time now so that you can learn from them. You must investigate so intensely regarding any houses that interest you before deciding to buy one. The other things needed for to succeed is perseverance as well as being able to learn new things all time long too.

Good luck!


 Wale, thank you for the advice. I plan to start out in Portland area first. 

Post: I want time freedom.

Delaney BantolPosted
  • Posts 15
  • Votes 11
Quote from @Henry Clark:

OP don’t answer any of these points.  Your best first investment is around your living and family situation.

1.  Married kids, kids ages.

2. Job situations, tied to town, state or near family. Can you move? How much pay do you have to replace with REI?

3.  Equity in your house.

4.  Accessible cash for downpayment and capex, your financing mechanism what percentage downpayment?

5.  Free time why?  Are your kids 5 or 15?  Do you have sick parents?  Or is this for you personally?

6.  Are your personal debt and expenditures under control?  Real estate investing won’t help.

Once you have the above laid out.  Then start learning and looking for an RE investment that fits that model.

Thanks Henry for the advice.