All Forum Posts by: Hemant Jain

- Filter Criteria: this will depend on the risk that you would like to take and the budget. For this you have to define your strategy first before defining the filtering.
- Learning Resources: learn by doing, go to meetups, you can read many books, though it will need to be up to you to decide. I don't really recommend any because I haven't found one that is spot on.
- Location Focus: for multi-family in DFW, as the supply is low you will need to look what fits the best for you. You can focus around Universities, or old town as a start.
- Investing with a Friend: You have to create an LLC and a good operations agreement. In general is not that complex to do.
- Loan Type and Liability: we have to look at what you are looking for and the loan type. It is always recommended to do it using LLC but not all types you will qualify if you don't have business with the lender or you don't have experience.

Feel free to reach out and we can setup a call, I am working with multiple clients that are doing similar things in DFW.

Thanks
Filter Criteria- Looking at stable rental income and cash flow positive properties, even if the appreciation gain is not that much.
Investing with a Friend: Do I need to set up LLC in my current state or the state in which I am making investment. Wont LLC comes with additional annual tax filling complexity ?

0 Votes

Dallas, Texas

Quote from @Bruce Lynn:

When you say multifamily, what size are you thinking? 2-3-4 50 100 1000?

Thnke Bruce - 2-6 units.

0 Votes

Dallas, Texas

Hey Bigger Pockets Community!

I'm a newbie real estate investor eyeing Texas multifamily properties, partnering with a friend. Seeking guidance on:

- Filter Criteria: Key factors for evaluating multifamily properties in Texas?
- Learning Resources: Recommendations for learning materials focused on Texas real estate?
- Location Focus: Promising cities/neighborhoods for multifamily investments in Texas?
- Investing with a Friend: Tips on structuring partnership and legal/financial considerations?
- Loan Type and Liability: Implications of personal vs. LLC loans on liability?

Grateful for any insights to kickstart our journey into Texas multifamily real estate investing. Thanks for your support!

2 Votes

Dallas, Texas

Hey Bigger Pockets Community!

I'm a newbie real estate investor eyeing Ohio multifamily properties, partnering with a friend. Seeking guidance on:

- Filter Criteria: Key factors for evaluating multifamily properties in Ohio?
- Learning Resources: Recommendations for learning materials focused on Ohio real estate?
- Location Focus: Promising cities/neighborhoods for multifamily investments in Ohio?
- Investing with a Friend: Tips on structuring partnership and legal/financial considerations?
- Loan Type and Liability: Implications of personal vs. LLC loans on liability?

Grateful for any insights to kickstart our journey into Texas multifamily real estate investing. Thanks for your support!

3 Votes

Columbus, Ohio

Hey Bigger Pockets Community!

I'm a newbie real estate investor eyeing Texas multifamily properties, partnering with a friend. Seeking guidance on:

- Filter Criteria: Key factors for evaluating multifamily properties in Texas?
- Learning Resources: Recommendations for learning materials focused on Texas real estate?
- Location Focus: Promising cities/neighborhoods for multifamily investments in Texas?
- Investing with a Friend: Tips on structuring partnership and legal/financial considerations?
- Loan Type and Liability: Implications of personal vs. LLC loans on liability?

Grateful for any insights to kickstart our journey into Texas multifamily real estate investing. Thanks for your support!

1 Vote

Austin, Texas

All Forum Posts by: Hemant Jain

Hemant Jain has started 3 posts and replied 5 times.

Post: Seeking Advice for First-Time Multifamily Real Estate Investors in Dallas

Post: Seeking Advice for First-Time Multifamily Real Estate Investors in Dallas

Post: Seeking Advice for First-Time Multifamily Real Estate Investors in Dallas

Post: Seeking Advice for First-Time Multifamily Real Estate Investors in Ohio

Post: Seeking Advice for First-Time Multifamily Real Estate Investors in Texas