All Forum Posts by: Joseph Bui

Hi Marco, why do are you targeting the LA Market? Whats your goal when investing? Is it cash flow? Appreciation? I, personally, focus on midwest markets, specifically Detroit and Memphis with 7 doors across those cities. Happy to connect if you want to learn more about my investments and why I chose those cities.

Depending on the costs of the properties, I usually stick to 1 LLC, 1 million liability policy on each propety through property insurance and an umbrella policy of a few million (depending on the number of properties and totall estimated value).

Usually I’m not a fan of this but there are a few exceptions. How much are you putting down? Do you have 90% confidence the area will appreciate more than the rest of the US?

personally, not a fan of losing money every month in the “hopes” that you will make up for it in the long run. Add in a large maintenance issue and you will be in a large hole. Why not invest in markets that cash flow from day 1?

Quote from @Michael Smythe:

@Joseph Bui why are you portraying to share resources, when in reality you are soliciting these investors to sell them something?

A bit deceitful, no?

Hi @Michael Smythe, I'm an investor since late 2020 with properties across Memphis and Detroit. I also help investors connect with teams I have worked with in the past and share my experience. Always looking to grow my network and connect with others.

Quote from @Michael Smythe:

@Joseph Bui you mean you're happy to connect someone with YOUR team, so you can sell them something?

Hi @Michael Smythe, I'm an investor since late 2020 with properties across Memphis and Detroit. I also help investors connect with teams I have worked with in the past and share my experience. Always looking to grow my network and connect with others.

Quote from @Michael Smythe:

@Joseph Bui you keep posting this same message trying to solicit business in a sneaky way.

 Hi @Michael Smythe, I'm an investor since late 2020 with properties across Memphis and Detroit. I also help investors connect with teams I have worked with in the past and share my experience. Always looking to grow my network and connect with others.

With that much cash you have a lot of options, I personally do a lot of BRRRs in the Detroit area and have done a couple in Memphis as well. Happy to knowledge share if you want to connect. 

Hi Rafal, I have a couple doors in Memphis and a few in Detroit as well. Would love to connect if you want to discuss my experience. 

I’ve seen great deals for multi family in Detroit. 95k with rehab for a duplex that rents out for 1800/month. I work with a team that will source the deal, manage the rehab and provide property management if you are interested