All Forum Posts by: Erwin Miciano

Hey @Michael Pison

You’ve already have gotten valuable advice here on the forum. Consider each one and try to understand the perspective each member has.

You are on the right path. Figure out where you can achieve financing whether you‘ll create yourself to be bankable or partner with your parents. With any partnerships, there’s more research on how the deals should be executed.

Fall in love with learning.

Become resourceful and use some of that for education. Buy some books commonly referenced in the podcasts or invest in a library card. Audibles, whatever works for you.

@Twana Rasoul is right about continuing your savings. You want to be financially ready to take on any deals. You could also provide partners most of the legwork and they provide the capital. Get out there and Good luck.

Awesome post @Ashton Levarek. I'm currently in between these two ideas, but as of right now leaning towards networking and finding the 100-200 unit team that I can help and support. Rather than building the team myself. 

I'm excited what the others have to say. I do think there's more grey area to starting in syndications than just creating a team to do deals. With that said, I would personally be down with being a free virtual assistant in doing some grunt work that comes along with the deals if it meant I could also learn the process.

From my experience, if they have lived there for more than a year, a 60 day notice does need to be issued.

There might be a stipulation of rental assistance which equates to one month's rent or providing the current tenants one month free.

It our situation because we were the family moving into the property, the sooner they left the better, so we paid them the rental assistance and moved into the property.

The tenant we actually paid told us of a tip of using private landlord documents to serve the notice and specifically not using the forms with the California logo. By using the the private documents to serve the notice, you could avoid paying up. Whether or not if this is true, I'm not totally sure. 

Goodluck.

Added to the calendar!

Good Luck T!

Thanks @Eric A.. They've always talked about the stack, I wanted to push a little out of my comfort zone with the first one to really kindle our learning. Not only did I do just that, I've gotten people in my inner circle wondering how they can be apart of it.

Thanks for the support @Marlen Weber. Can I ask what you do for Ashcroft Capital?

@Anson Young Thanks for the response! I was just about to ask you a few flip/lead generation questions, but after peeping your profile I'll just go ahead and buy your book. I'll make sure to let you know what I think of it.

Hey BP Vets,

I've been thinking with everything going on and right now being a time to really reflect on what I'm going to do with my team in the next 10-40 years. This being my first downturn as a young investor, I am aware of the saying "past performance is not indicative of future results." 

I believe that the market may not repeat, but it may rhyme.

With that, my question is:

Could we see a resurgence of older strategies such as REO and short sale investments for a short period in the upcoming years?

Thanks!