All Forum Posts by: Hadar Orkibi

Do you want to invest in Real Estate but have no experience or money? 

Partnerships and Joint Ventures are GREAT options we used successfully over a decade!

Register here: https://mihmastermind.com/free-education/

Learn the Principles of Successful Partnership and the topics below:

Topics Covered:

Goals/Ethics/Vision

Voting Rights

Exit Strategy

Pros & Cons of Partnerships

How to Protect Yourself in JV & Partnerships (Fixing Problems & Issues)

What Rules To Set

How Partnerships Can Lead To Financial Freedom Compared to Doing it Alone

The Proper Way To Build Your Team

Working on People's Strengths Not Their Weaknesses

Profit Splits Or Partnership

Ultimately How You Will Get Into More Deals & Bigger Deals!

Register here: https://mihmastermind.com/free-education/

@Pat L. In Little Rock and Cities around AR there is a fee to register multifamily properties unless they have homestead exemption. this is from 2units upwards in most cities. houses do not have this extra Tax.

Apart for that, as far as in know the LLC will not have any yearly "registration costs apart from the annual fee.

Anyways having your property in LLC is money well spent, and if you are planing to scale your business it goes without saying..

Good Deal @Shane Gordon you will need to get them for at least 30% below ARV to be able to BRRRR

Feel free to PM me if you want to discuss.

@Shane Gordon do us all a favorite and dont pay to much so the market still cash flows for years to come...

Just kidding, NC is not California.  North West / East AR Been growing fast while Central AR is more "steady as she goes" market. Throwing a dart on the board to start investing is not recommended, try doing some market research to make sure the fundamental are right. Agents and Brokers in different parts will say that their area is better then others, but its down to you to decide.

Personally i find North W/E too hot and I'm focusing on Central AR where i have team on the ground.

When investing out of area solid team on the ground is #1.

Whats your buying criteria and goals ? 

The Wheelbarrow Profits book, Academy and Podcasts are highly recommended. great guys and great value!!

@Gino Barbaro and @Jake Stenziano know their stuff. 

@Axel Ragnarsson do you invest with Jon?

Are you only looking to buy larger building or would you consider duplex Triplex and 4lexeses ?

@Axel Ragnarsson, Central AR and Little Rock do not have many brokers that only focus on Multifamily, its a small market. Most do wide range of commercial sales and leasing to stay in business.

Can i ask where are the 28 units you own in Little Rick? are they catted site or one large property?

@Mark Rogers any change for landlords? 

@Sara Waters  there is no One thing Fits all.

But the key points you want to looks for are:

Landlords Friendly

Job growth & Population growth

Unemployment records (not including COVID, but that would be considered)

Price to rent ration

Crime rates

Median household

House price   

Looking forward t it @Bailey Kramer, thanks for sharing. note new date is 11 August at 7pm EST.

Multifamily investing would be covered, we will have all the MIH Mastermind Students on and Many other guest attending this free education session.