All Forum Posts by: Jaden Jung

Hi,

I am planning on setting up a multi-member LLC either in North Carolina or South Carolina to house the rental properties under, and wanted to reach out to the community about which state is more favorable to holding rental properties - assuming that the property can exist in either state.

Thanks in advance!

Thanks @Jay Hinrichs

Is there an approach you would recommend if not the Core 4?

 Thanks Samuel. What would you say are the biggest advantages of developing a solid core-4 vs. a more established turnkey company that are a few clicks?

Hi BP Community,

I work full-time and am interested in some of these turnkey solutions I see online that almost seem like one-stop-shop and hassle-free. It seems to be a good way to diversify my investment portfolio if the numbers make sense compared to other asset class options.

I can't buy in my current market, so I'm looking for more affordable options out of state.

I was curious about people's experiences using turnkey real estate investing solutions, and if anyone recommends a different tool.

Thanks!

Hey @John Morgan mind if we chat about your self-management system out of state? Would love to learn more. Sent you a private message.

 @Jason Pabon been reading through the Norada and Roofstock options. If you're able, would love the intro!

So since markets are hyperlocal, it would be helpful to separate the "crash" from local market corrections.

As for the macroeconomic "crash", as long as institutional investor ownership is involved, the market will be mostly stable. They are conservative in their acquisitions and carry little to no risk, and are well-funded to protect their downsides. For more info here, look into market stabilization after '09 with the advent of institutional investors. While banks and lenders caused the widespread crash, these real estate institutions also stabilized prices. I'm not advocating anything here, I'm just stating as they are.

As to the hyperlocal market correction, this will have to happen. High inflation, wages not keeping up, supply slowly rising, demand slowly falling, rates pending for a controlled easing... these factors point to a correction but nowhere near the depth / breadth of '08.

NAR ruling is also another factor (though many agents will disagree) that will take much longer to see its effects but is pending for some housing adjustments. I wouldn't count on this in the near-term, however, to force a housing correction.

Not sure what you do with this information - if you're looking to buy or just curious - but hope this helps!

Hi Nate,

Wondering if this was ever done. I'd be interested!