All Forum Posts by: Dennis Maynard

@Bruce Woodruff. I get it, but every secret is not a secret for long.  That's why we network.  I would be curious on your thoughts.  I like AZ as well, Phoenix is blowing up right now.

@Jay Hinrichs I love Charleston as well.  I have family there.  I've heard it's grown so much some of the charm is going away.  Hopefully they will keep the historic quarter.  Vegas is interesting.  I like Florida as well, but is it becoming a crowded play?  

@Scott Mac. What do the typical deals look like?  Small - Med - Large?  I grew up 2 hours from Atlanta.  it's a good city.  Born in Dallas.  Texas has higher tax rates, how does that impact investments?

@Scott Mac. I hear you.  What are your Top Destinations where you are investing?

I'm curious with all the shuffling and migration in this country, what are YOUR top destinations for investing and why. Considerations should include growth, taxes, rent income to unit price, and more. If you have a top destination that you were investing in and it changed due to affordability for example, put that down as well. I'm not interested in what the "Lame"-stream media has to say. I'd like to hear from the boots on the ground and the people doing it. Please include your deal size as well (SFR, 4 unit, 150 unit, etc.). Let's have fun with this.

@David Gotsill. I stayed with a buddy in Roppongi Minato  when I was there.  Great neighborhood... It just amazes me how much prices are.  I always assumed that the buildings in that area were condos and flats mostly.  Surprised about the construction especially since the earthquakes are frequent and can be bad.   Thanks for sharing!

Nope.  A lease is a legal right to use of the property. Once it is fully executed it is a binding agreement.  It can only be cancelled if the terms and conditions are violated.  I suggest you seek legal council for further information.

I'd be curious to hear what Tokyo prices are.  I can only imagine.  I visited a few years ago and was amazed with the city.

I just saw an agent in Toledo OH on another post.  His name is Stephen Brown.  Should be searchable on BP.

@Guy Idan this is a really tough question cause Syndications can be both large and small, local and national. I have seen Ashcroft and have not heard anything ill of them. There are other companies out there that are not syndications but REITS that can be an alternative as well. I like FundRise.com. Great company that started out as crowd funding and transitioned into a REIT. They are a private REIT, but run by some really strong experience from around the company.

That said, I have been starting the process of putting together my own syndications.  I have a background in Hotel Development and am a real estate broker.  I would be considered small at this point.  I'm basically going to be targeting rehabs and potential long term development plays or retail cash flow plays.  LA is transitioning right now.  I intend to start small, $3-5M deal size and work up.

This would be an example of smaller deals for syndication.  Due to the cost, that is about the bare minimum. You can go smaller, but it depends on the deal.  As always, doing research on each group is important.   

Does this help?  What companies are you looking at?  I'd be happy to share knowledge.