All Forum Posts by: Denver McClure

Hey @Chelsea Whitt, where are you getting the ARV estimation from? If from a wholesaler, then I would absolutely double check those numbers! Rents seem to be solid for that purchase price, just run your numbers and factor in vacancy, ongoing repairs, PM services, and CapEX. If everything checks out, then you should be good to go.

As far as your lending options, the answer depends on how much risk you are willing to take. If the HELOC secures the deal for you and the numbers work, then I'd consider taking that route but not at the extent that it impacts your household budget too much if the property does not cash flow.

Feel free to shoot my a PM. We can chat about it in detail!

We have several that can get this done for you. Feel free to PM me if you'd like.

@Stanley J Black and @Jeff Nash can get this done

I keep it open for the next year out on furnished finder. Availability to rent starts 1 week after my existing guest checks out, that way I have enough time for cleaning/maintenance. Guests can't instantly book your unit on furnished finder, so you can plot out your guests however you like. Great way to avoid vacancy periods!

@Ben Trageser can help!

@Steve Cameron check FactRight and MountainDell - both are independent of all DSTs. Feel free to PM me if you'd like to chat sometime. 

Hey @Mark Bennett, feel free to PM me. We have experience in both types of deals.

@Steve Cameron just a heads up, many brokers only work with DST providers they are contracted with. I've heard many phrase it similar to "only work with those who let us see the books", so you want to ask if they can even work with all DST sponsors if they could. If they aren't contracted with certain sponsors, then they are most likely not allowed to even discuss all options with you.

Check with your Investment Advisor as well if you have one. Advisors are not paid in commissions for selling DSTs, unlike brokers. They also have access to the entire marketplace and perform due diligence for you before providing recommendations.

Hey @Frank Wei, welcome to BP! Feel free to reach out if you'd like to chat sometime.

@Stanley J Black can get this done for you.