All Forum Posts by: Jered Sturm

@Ian R. The owner of this property is actually a BP member. She and her husband come to the BP meet up I host in ATL. Getting the story directly from them has me shaking my head in disgust at the law. 

@Belinda Li If you're looking to meet agents and active investors the best place I have found in Atlanta is at the BP Monthly meetup. If you're planning to make a trip try to line it up on the last Tuesday of the month which is when the meet up is. 

Here is a link to the details 

https://www.biggerpockets.com/forums/521/topics/392511-monthly-northern-atlanta-real-estate-meet-up-mastermind

@Jinwon H. Sorry as soon as I hit send I realized you have been to the meetup a couple months back.  I hope to see you there again!

@Jinwon H. I am not too far from you up in Kennesaw. If you are looking to get out from behind the books and meet others active and inspiring in the industry you should come to the monthly BP meet up. We have it the last Tuesday of each month right by perimeter mall. 

You can check out the details to the meetup  here

@Johnny Chen I don't have a ton of experience with the online platforms you mentioned but I would guess they will likely structure the exit of the investments in 3,5,7 year holds. Many investors underwrite using an IRR metric and without a projected exit in the underwriting, the IRR will not be as appealing to the majority of the investors who favor more velocity in their money.

There is no right or wrong way to invest it's simply what fits your goals best. My suggestion would be to find a syndication sponsor who aligns with your own investment goals but wants to take the active role that you do not want.

Within my own business, I am a firm believer that although one side is passive and the other active in a syndication, ultimately syndications are a partnership. Because of that, it is very important to us to make sure we get to know our potential partner's goals and experiences to ensure the right fit exists before doing business. That is true for any investment but if you are looking for long term buy and hold it stands even truer. 

I'll add my 2 cents on the goal to pay down the debt of your investment until its free and clear. I personally think there are better ways to use your equity in an investment. By taking properties to free and clear you are missing a huge component to maximizing value within an investment. 

Here is a detailed article I wrote explaining all the nuts and bolts of why the wealth invest in Multifamily. It will demonstrate the benefits I alluded to above

Why the Wealthy Put Their Money Into Multifamily & Commercial Real Estate

And here is an article I wrote on why I like properly structured debt on real estate investments. 

Want to Make Money? Then Understand How Money Works! Here’s Your Complete Guide.

I think you will find both of them very useful in your education process. 

Best of luck!

Let me know if I can ever be of help.

Another packed house, another great meetup for the real estate investors of Atlanta!

@Chaz Albrecht Check out page one of the forum for all the details 

Hey, Everyone! Friendly Reminder: The Monthly Northern ATL Real Estate Meetup is tomorrow 6/27/17 starting at 6:30 p.m. I hope to see you all there!

We have had great turnout thus far with most attendance counts being 80-90 people and great success from the group. Through this group, I have seen people buy and sell deals, find financing, partner and grow their business through this non-sales, organic growth focused group. Whether you're just starting or have done thousands of transactions there are like-minded people to meet and grow your business. After attending the group in person there is a private online group where only in-person attendees can join. On this online group, people share useful information, Recommendations and even available deals to purchase.

This month @Vincent Crane Will be giving a brief presentation that you won't want to miss!

The weather is beautiful and it's hard to take an evening away from all the fun summer activities, but if you want to learn and grow in real estate investing this is the best 2-3 hours you will use meeting other local like-minded people in person.

I look forward to seeing you all at 6:30 PM Tomorrow 

Keyword Alerts: Kennesaw, Marrietta, Smyrna, Atlanta, Northwest Atlanta, North Atlanta, ATL, Cobb county Georgia, Paulding County Georgia, Fulton County, Dekalb County, Forsyth County, Cherokee County. Clayton County, Meet up, Networking, Mastermind, ITP, OTP, Buy and Hold, Flipping, Wholesale, Single family, Multifamily, Apartments.

Great points @Tyler Weaver . @Tony Blessings  I focus on large multifamily so this report focuses on that, but there is some very useful up to date general info on Ohio's markets Q2 of 2017 Ohio Q2 17 Report I think you will find it useful in your decision making process.

@Derrick Thomas ,  @Ryan Johnston is correct it will depend on a lot of things. If you were looking to figure out your own personal investment strategy and what may be a good fit for you a great place to start is the Monthly BP meetup where about 80-100 local investors meet, share and help each other. 

Here is the link if you're interested. ATL Meetup

Hope to see you there!