All Forum Posts by: Hadar Orkibi

The insurance company itself will Not fix the property. They will advance the money to do so.

One of the options you have is to get the I insurance money and sell the property As-Is where-is.

It's common in disaster-strike properties. Depending on what is left of the house, you may be able to come out better off this way while not dealing with the hassle of rebuilding. 

I bought many houses in Chch NZ after the 2010 Earthquick, repaired them, and then rented them or sold them. Many sellers do not want to deal with the repairs and juts want to move on.

With the recent tornado, it's a different story, especially if the whole house got ripped off, etc. Then the house maybe works Land value...

Feel free to DM me. I know LR pretty well. 

I will DM you, Interested to hear more, please.

 I don't wholesale in LR, I invest in Multifamily.

@V.G Jason IO is NOT Dumb. It is required in some situations.

for example, in a heavy list Multifamily deal, when the first 1-2 years, the property will cashflow less. 

it is also helpful when one builds a portfolio in a high-growth market when the plan is to sell half and keep the other half with no or low leverage. 

I also use the Hoffman team, been with them for over 5 years. David and Jamie are great.

Worth asking if the manage in Carlisle.

@Craig Salzer not much has changed; my suggestions still stand. 

The main thing is that YOU need to make sure your TK provider is a good one and that they can provide good property management and have solid market knowledge. 

I had never heard of them, and wondering how did you end up with them?

Did someone refer you to them?

I use The Hoffman Team. They are operating as River Rock Realty. Been with them for over 5 years, and happy with the service.  

Who are/ were you using as PM in Little Rock @CJ Swoboda ?

The Wheelbarrow Profits Academy with Jake and Gino is THE best place to learn about Multifamily investing. Not only do they offer great educational content, but their members are also awesome groups of people who close deals. J&G is one of the less expensive programs out there. 

@Moe Khan, like most good Real Estate investing coaching programs, it is most likely down to the actual "Student" to Make It Happen and take action on what they learn. Sadly many people think Multifamily investing is a get-reach-quick strategy. Well, it is NOT. It's a marathon and not a sprint as @Gino Barbaro likes to say. Very true!

There are many benefits to joining a community like Jake & Gino, The education, the community of people, and the support you get along the process of becoming a Multifamily entrepreneur. 

 I joined the community in 2017, and I wouldn't be achieving my financial goals in 3 years if I wouldn't join!

I hope that helps.