All Forum Posts by: Jasraj Singh

There are quite a few I recommend. Depends on how much capital you have to invest. Indianapolis, Kansas City, Chicago, Baltimore, quite a few cities in Ohio, Harrisburg, PA, Birmingham... Just be sure if you invest here that you are set up properly for an entity and US bank account as an international.

I can't really tell you how to look for cash flow and vacancies in India... you'd have to ask around people there to see if there are any places. Maybe some people are on here and you can put up a forum post asking if anyone lives in India and invests there, and if so, where.

thanks for your advice! ill definitely look into that!

1 Vote

Originally posted by @Marc Edwards:

@Jasraj Singh Looks like you have a bunch of great responses to your question. This is a great place (forum) to start asking these questions and connecting. To answer your question about a job, having a w2 job does give you some benefits as to what you were speaking of in terms of a loan however most loans require that you be on your job for 2 years as they want to see that stable steady income so that's one disadvantage. One advantage is yes you can become leveraged with a loan and would not have to use all of your money for a purchase. Yes you get more cash flow from midwest markets like here in Kansas City as compared to other markets out east or west because the market is prime for rentals and the cost to entry is way lower. A lot of times depending on the type of property, investors can purchase 2 cash flowing SFH compared to the price of 1 in some other bigger markets. Cheaper to purchase which in return gives you more cash flow due to the rental rates as they keep rising. Also yes u should always get with a local professional as they can help with the purchase, paperwork, finding the right areas and property managers etc. A good Broker/Agent is a vital when investing long distance!

thanks a lot for your advice buddy! but do we really need to check the rental rates of that area in which we are investing? like is it important to check rental rates whenever investing in rental property?

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Originally posted by @Evan Polaski:

@Jasraj Singh, this is a very personally driven question. Most of my portfolio I bought in 2011 and 2012. I had 2 others that I sold in 2016 to help fund other ventures. I am looking at selling most of my properties now because we want to redeploy that capital either into something passive (syndications) or something larger ourselves.

We are also getting an unsolicited offer today on a property we bought 14 months ago, and have held as an Airbnb. My wife is sick of managing it, and if we get what we think the offer will be, we will make about 6 yrs worth of profits in one sale.

Finally, we have been thinking about selling, simply because we bought most in the last recession and the values are 2-5x what we paid for them. When looking at the value of the asset divided by the rents I am getting (and mind you most have little depreciation because I bought so cheap), my returns on equity are in the 4-5%. If I refi, I am borderline cashflow negative when accounting for reserves.

Very informative and completely right! but I want to know that when you buy a property in an area, how do you get to know that the property you've invested in will appreciate or not?? how do you investigate a neighbourhood where you invest?

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I just want to know that For how long is it ok to hold a rental property after buying it? When is a good time to sell?

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Originally posted by @John Collins:

Originally posted by @Huong Luu:

@Jasraj Singh with $4M US, you can buy a 12 plex in Ottawa, Canada, a 30-plex in Alberta, Canada. And all with better cashflow! The other thing investors get besides cashflow is appreciation and mortgage paydown. In the areas you are looking for, perhaps that is what other investors are doing. Find other investors in India and see what they are doing. Find what other platforms they use. Before you look into investing outside of India, learn about RE investing 'in your backyard'. You might find you don't like it. The other option is to talk to the current owner and see if he will JV or do a VTB with you. Good luck

It was $433,000 ... not 4 mil. I believe the comma is placed for Indian currency

For that much to cash flow it has to be in midwest or a nice reno that will be hard to find if youre not local without connections

right, that's why I'm very confused cause I don't know anything about the U.S and Kansas City except a little bit about loans but the biggest minus point in India is that there is no 1031 exchange. What do you think about me investing in the U.S in any affordable city cause I 'm definitely gonna need a broker to guide me about the whole place?

plus I also need to apply for jobs I think to build my credit so that I can take loans or mortgage when I need them right? Even though I have some money saved for investing but I think I still need to apply for a job. What do you think?

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just want to know that how to figure out if there is a good chance of appreciation in a property?

I want to buy one and I want to know

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Originally posted by @Nathan Gesner:

Turn key companies buy well below market, renovate, and then sell for a profit plus their commissions for handling the sale.

Finding your own property and handling renovations could save you 20% or more, if you know what you're doing.

Turn key is great for people that want to invest in real estate without putting any effort/thought into it.

thanks a lot for your advice!

but don't you think that the contractor, labour, plumbers, electrician etc will also cost a lot??

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Originally posted by @Ali Boone:

Have you tried looking in different areas? I don't know what the numbers in India are like, but there are entire countries that typically don't cash flow. Like Canada and Australia just don't have it for the most part, among plenty of others I'm sure. In the U.S. it's city-by-city.

Yaa i have! but I think there's no cashflow in almost all the cities.

But can you tell me the way you look for cash flow and vacancy rates in cities? I mean how do choose where to invest?

plus can you tell me an affordable city in the U.S to invest in? cause I can invest in an affordable city in the U.S

I really need to know

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Originally posted by @John Underwood:

Originally posted by @Jasraj Singh:

Originally posted by @John Underwood:

You almost always find a fixer upper cheaper with renovation costs than a turnkey house.

People pay a premium for turnkey.

Add a motivated seller to the mix on a fixer upper and you can really make some money.

okay! thanks for your mate

what do you mean by premium?

Premium = Top dollar

thank you!

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Originally posted by @John Underwood:

You almost always find a fixer upper cheaper with renovation costs than a turnkey house.

People pay a premium for turnkey.

Add a motivated seller to the mix on a fixer upper and you can really make some money.

okay! thanks for your mate

what do you mean by premium?

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All Forum Posts by: Jasraj Singh

Jasraj Singh has started 33 posts and replied 294 times.

Post: How can i earn from Rental properties?

Post: How can i earn from Rental properties?

Post: For how long is it ok to hold a rental property after buying it?

Post: For how long is it ok to hold a rental property after buying it?

Post: How can i earn from Rental properties?

Post: How to figure out if there is a good chance of appreciation?

Post: Would it cost me less to buy, renovate and sell then a turnkey?

Post: How can i earn from Rental properties?

Post: Would it cost me less to buy, renovate and sell then a turnkey?

Post: Would it cost me less to buy, renovate and sell then a turnkey?