All Forum Posts by: Hung Le

 Hi Joseph,

I've a brick 4 plex in IL that's cash flowing with long term tenants.  I'll send the 2023 number if you're interested.

Regards,

Hung

 LOL - that's a loaded question!  There are multiple websites but start with lienhub.com for FL.  You have to know what you're doing after that.  However, it can be time consuming.  Again, the 20% annual rate is guaranteed by the government.   But you need to know the exit strategy.

 Hi Tim,

Thanks for the welcome.  

Most of my bad deals are with fix and flips strategy.  Both with my flips and others.  Unless you have a solid team and some cash reserved, too many things can go wrong.  Sometimes, it's 1 hiccup and you're scrambling.  The stress wasn't worth it.  There's vetting, planning, and executing.  But as an investor, you're totally depending on everyone on the team to do their job.  And of course, the market can change swiftly too.

I've learned to invest with seasoned investors with proven track record.  My return is in writing so I don't worry about it.

Feel free to reach out if you want to chat privately.  And I'm in Mpls.

Regards,

Hung

 Hi Andrew,

Thanks for the greeting and wishes.

Regards,

Hung

 Hi Bryon,

Thanks for the greeting.  Looks like you're from Stillwater.  Go Ponies and Jessie Diggins!

Sure I would love to connect.  I would be happy to share of what I'm involved.

Regards,

Hung

 Hi Robin,

Thanks for the greeting.

Hung

 Hi Logan,

Thanks for the greeting.  

20% is the minimum.  Just as an example, FL tax lien is a guarantees 20% return.  Other states might be more but the law is tricky.  I've purchased some FL tax liens and will continue to do so.  There are other folks that use different investment strategies and know what they are doing.  Their profits can be ridiculous.  

 Hi Brandon,

You didn't wait until retirement before heading south for winter?  :-)

I invest with a private company in FL.  They work all over the state.  I don't have the network or the fund (or the time) to work the market like they do.  So I just invest my fund for a nice return.  

Hung

Hello,

First post as a newbie here. I'm an investor in MN who had some experiences (both good and bad) in real estate. I've been involved with several strategies (fix and Flips, Gap Funding, Rentals…). Currently, most of my investment fund is with projects/deals in FL for a minimum guaranteed of 20% annual returns. I also have a nice cash flowing 4 plex in IL that I'm planning to sell off market. I'm interested in networking with other investors. If you're private lender/investor who want to connect, feel free to DM me. We can partner up or share info. Would love to hear what the minimum expected % of ROI from the group.