All Forum Posts by: Dustin Lauer

@James Hamling

I would argue costs will be reduced in title, recording, transfers, and commissions as smart contracts become prevalent in single family real estate. Boiler plate legal for securities will be replicated and there are major advances in AI to help lower legal costs even for such complex scenarios as are currently evolving.

On the initial point of this post, it is my stance that current and future generations will have substantially better access to great real estate investments than ever before (even at higher total costs to own today and moving forward).

It’s okay to have a different view on where we are headed. :)

@Marcus Auerbach

Institutional investors aren’t exactly rushing to Wisconsin though.

Imagine you have a great deal in your hometown as a local with all the benefits that come with that knowledge?

You wouldn’t want to share it with 10s or 100s of others if they were fully passive and didn’t cost you more than a bank would locally?

This is where we are today that this is possible and equity and debt costs are intersecting.

@Nicholas L.

I see you’re from Pittsburgh a market with some of the most historically stable single family property values.

Say you have $150k and it’s 2018 and you know certain hot markets might do better than the steady returns at home.

So you invest $50k in Miami 5 flips and 5 new builds for sale, $50k in Nampa in 10 new construction for sale, and $50k in Pittsburgh in 10 long term rentals; splitting up you $150k into 30 passive deals instead of just one actively managed flip or rental at home.

Your annual returns from 20 new builds and flips pay you 35% on your $100k, and your 10 rentals make you an additional 10% on your $50k = 40k.

So instead of making maybe 10% on $150k at home or $15k, you saw opportunities available through syndication and fractional ownership and made $40k on $150k or 26.67%. Plus instead of sinking all of your money into 1 deal you had 30 deals at $5k each to protect your hard earned money. (And it was passive).

@James Hamling

They lol’ed trains, cars, the internet, cell phones, iPods, iPhones, electric cars.

Fractional ownership democratizes real estate and I’m excited for future generations to be able to syndicate and build wealth together.

@William Doyle

Public records tells all.

Unfortunately the best option is blanket financing for small values down to $50k per value (not loan).

Listsource DataTree RealtyTrac SFRAnalytic and Forcasa are all good resources out there

@Carlos Ptriawan

I don’t think so. Tech allows for partial ownership and many investors of new generations will own pieces of home (likely eventually on blockchain and traceable).

@Jill F. Love Akron! Wish everyone loved small loans. Institutional investors like to stay over $100k some $75k. You just have to keep calling submitting to find them for markets like Akron for DSCR. PS public records tells all.

@Lisa H.

There's no excuse for any vendor / lender agent to be rude. Any investor with one home has a major leg up on the average American household. There are plenty of U.S. Lender's out there and many offer DSCR at similar terms nationwide. Their loss.

@Stephanie M.

I lend all over the country and fly often to see properties. Property management is for this exact scenario and chances are after that long your rents may not be up to market and you might have a similar cash flow with less working keeping it with management at a higher lease rate. Best of luck.

@Oz Kibar

Sure you can see who are the big buyers with sfranalytics.com There are some brokers that specialize in institutional sales if you would like to connect further