All Forum Posts by: Gabriel Craft

Hey BP Fam! What skill or piece of knowledge has been the most useful to you as you transitioned out of SFHs (flipping, house hacking, wholesaling, etc.) into apartment investing or large multifamily, i.e., greater than 20 units?

I'd flip houses and wholesale deals in my local market until I had a 6-figure income at which point I'd leave my $50k per hour job. Then, once I can save $90k to $130k I'd place one to two strategic passive investments in LP deals to build knowledge and relationships in apartment investing. Then, finally, I'd begin to GP apartment deals. That will be the best way to exit the rat race and attain financial freedom, in my opinion. 

Hi BP Friends! I'm an investor out of Dallas, Texas. Wanted to know how people are managing to grow their real estate businesses (doors, Assets-under-management, net-worth, etc.) while maintaining their full-time jobs? Any tools or tips? Any asset classes or strategies in particular that are really working for people? Thanks in advance for the valuable discussion.  

Ok. Hypothetical. You have $10,000,000 to deploy. You have to deploy it right away or you lose the money. What would you put it into? (it should all go in one asset type and class). My hope is that this helps people see what folks are keen on in early 2022. 

This thread is fun. Interesting to see how different the responses from people were. We are investors in Multifamily apartments in DFW and Houston so we pay attention to (1) 10 yr treasury & 1-month libor, (2) Uhaul migration / Extra Space storage data (3) Costar, ALN, and Yardi data -- we tend to have data on every submarket in Houston and Dallas dating back to 2017 so we watch trends like where the 1, 3, 5 mile median and average incomes have been growing (4) in-person street by street market analysis -- yeah, good ol fashion 1st person data collection, (5) Dallas and Houston local news and business news tend to signal when a new employer moves headquarters or when a major new investment is happening in an under developed part of town. Oh, and lots of networking with our friends, mentors, acquaintances that do business in Houston and Dallas. 

Hi everyone. This is for those of you that are great at marketing or experienced in the activity of soliciting attendance on other people's podcasts, vlogs, newsletters, FB / Instagram Lives, conferences, etc. 

Can some of you share how you got on your first platform that someone else created and any tips for someone just getting started or just getting comfortable with the idea of sharing what they have learned about investing the last half-dozen years? Thanks for considering!

Loved all of the posts! You are a great community, folks. So, Brian's idea of 50/50 is really smart (plus shoutout to my fellow Bay Area investors -- I'm from Santa Cruz, CA originally.) Thank you, @Brian Garlington.

The first few responses educated me on a bunch of details that I'm going to share with my team  -- that "performance variance" in MH and SS between operators is similar to multifamily syndications. Garbage in, garbage out. Work with a franchise superstar and your chances of winning big are much better. Thank you, @Will Fraser @Taylor L. and @Heeyeon Chung.

What we love about real estate is that it is always evolving -- but I think we all have to be "opportunistic" in 2022. There will have to be a much larger funnels of deals, partnerships and even asset classes / types of assets to look at in order to find true "no brainer" investments with great risk adjusted returns. 

Finally, @Scott Krone dropped my favorite "gem" of knowledge...I really like the way you communicate to your investors about the three generations of SS. I'm new to that asset -- never syndicated a deal nor passively invested in one of that type. Thanks again for the discourse fellas. 

A great ecosystem and mentor. And good ol' fashion hard work. 

Depends on how you source your deals and how "active" you want to be and how risky you are comfortable with your investment being. I live in Dallas and did one property in San Leon that was great -- but it took a ton of hands on time and driving to Houston on the weekends. Houston is notoriously "street-to-street" but following this "crime map" is not a bad way to avoid slums and ensure your first buy n hold is at least a safe, smart first step. https://crimegrade.org/safest-...