All Forum Posts by: Julian Hicks

@wes blackwell, thanks so much for clearing that up for me, I couldn't get an answer for the longest time. I'm actually very intrested in the Tucson market.

I believe for your first investment property you should look into using the Master Lease Option method, it has the least amount of risks as there is no down payment and and you can essentially "test drive" the property before deciding whether or not to buy it. Using this method you could essentially save and continue to build on that 20,000 or you could put it into the property to increase the value while simultaneously increasing the rent. Also, the MLO method allows you to work in the bigger deal space, it gives you the opportunity to control and profit off an amount of units you could never purchase with 20,000. You should look into David Tilney, he's a Master Lease Option expert.

I would say your best chance of owning this complex would be to take the Master Lease Option route. The Master Lease gives you the opportunity to take full control of the property with no money down, the option allows you to buy the property when the lease term ends, thus allowing you to build your wealth and credit so you have a chance at financing the property later. If the owner of this particular property seems like a motivated seller I would definitely pitch the idea to him. Look into David Tinley for more information on the Master Lease Option, he's an expert.

I've recently been looking into purchasing property using the Master Lease Option method. I currently reside in Southern California where, as you probably know, Real Estate prices are sky high. I do plan on exercising the option to buy when the lease term is up, but I don't want to buy in SoCal. Neighboring states such as Arizona and Nevada offer much better investment opportunities for me. What are the dangers of leasing an out of state property? Is it just too risky?

I've recently been looking for properties that I could potentially purchase using an MLO. I currently reside in Southern California where, as you probably know, Real Estate prices are through the roof. This has driven me to look into neighboring states such as Arizona and Nevada for investment opportunities. The deals in these states are much better and give me a better opportunity to cash flow. What would be the potential negatives of leasing an out-of state property? Is it too risky?

What is an Escrow account and how is it applied to Real Estate Investing?

What metrics would indicate a good fix and flip market?

Could anyone layout the key factors in studying a market?

Could anyone explain the differences between the DSCR and Cap Rate, if any.