All Forum Posts by: Jennifer Slaughter

I would find a market where my $40k would be enough to get me into the game. Once you find a market, you can either use the capital as a down payment or do a value-play (something like a BRRRR) so that you could get your capital back after a couple months and add another investment to your new portfolio.

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Offering Memorandum

Hi @Garison Clemens, I think you have a really good question, what I would look for depends on a couple things---

Where is it located?

Have you run an analysis on the property? Knowing how many units/location will get you more accurate numbers when you're running an analysis, especially when it comes to rehab costs, taxes, insurance, property management, etc.

So, to answer your question, the biggest thing I would look for after having all of the figures for the property would be if it meets my criteria for CoC/ROI OR if there is enough of a spread to flip it.

Please click on the link to view our offering memorandum:

https://drive.google.com/drive/folders/0B3FkfiFBhDZ0SUI4U1VFVjB4MFk

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@Matthew Pastore, I lived here years ago and just transplanted back after living on the east coast. I came back last fall and it's better than I remember.  Sounds like you are well on your way and BP is a great resource, no matter where you are at in your investing, welcome!

Hey @Max Allendorf and welcome.  You might get a better response if you are more specific about what it is you're trying to learn and what it is you have to offer. If you are comfortable analyzing deals this is a great place to get feedback once you have a deal you're looking at.  There is a ton of great material here, you can start with the beginners guide and use the analysis tools.  You can even check out a networking event or two, happy investing.

This property is located next to the new 2 million square foot Nike Distribution center which makes up the largest workforce Nike has in the U.S. outside of its headquarters.

Please click on the link to view our offering memorandum:

https://drive.google.com/drive/folders/0Byf9LZ8XfxlraXZvNTcwUHhQOEU

Welcome to BP @Jake Cohen!  My strategy is similar, I invest in Memphis and Colorado.  The best thing you can have when you're investing out of state is a great team under the same roof.  If something comes up with one of my rentals, I can't go to the house but my broker can walk into my property managers or general contractors office and having the whole team together gives me peace of mind. Good luck as you narrow down your options and take your next step.

@Marshall Easlick, I see that you've already answered your own question, and still I think you should consider what your goals are and if you're more focused on cash flow or appreciation.  There are certainly people with tons of capital who pay a premium in coastal markets and then hold for 10+ years and cashout.  On the other end, if you have limited capital or want to raise capital, I would focus more on value add opportunities so you can get greater returns.

One of my rentals is in this area.  My tenant loves it and I get consistent returns.

Please click on the link to view our offering memorandum:

https://sites.google.com/jameswachob.com/1776-goodhaven-drive/home