All Forum Posts by: Junior Soares

@Shanese Francis When there is blood in the streets is when money is made!

@Marisa Rowe My goal is 15-20k monthly net from both my businesses and rentals. I've given myself a 20 year window to achieve this goal. 5 down, 15 to go!

@Stacey Parker-Herman Hi Stacey, you can totally do it! There will be alot of haters but thats the nature of the game! They say if you have haters you must be doing something right! If ever theres anything I can help you with feel free to PM me, I'm still a newbie with only 7 doors under my belt and looking to close on another 5 next month but I can help you get at least this far! Best, Junior

@JaNae Anderson You're very welcome, have a blessed evening

@JaNae Anderson I am a Bay Area resident who is solely an out of state investor. All of these comments are on point here. You need to narrow down your Market, build a solid team, fly down see the area, and do your due diligence. If I can recommend something, I'd say analyze over 100 properties from all over so that you get a sense of how the numbers work in all different markets and keep educating yourself. If you like to read, I recommend reading David's book "long distance real estate investing" Best of luck, Junior

@Julius Robinson I did alot of research, probably analyzed over 100 properties in the area, flew down, put together a great team, Walked about 20 homes before deciding on the winner. A year later, refinanced and pulled out all of my investment and she still sits cashflow positive $50 after all expenses including maintenance and capX. Long story short, take your time, do your homework and you should be just fine. There is money to be made in every market. For me, I focus on A/B/C neighborhoods. I do not purchase D/F Best, Junior

@Leticia Ellis Hi Leticia, Please send me your properties as you aquire them, my email is [email protected] Best, Junior

@Tyler Labrador I wish someone told me to save and invest my money when I was 21 and to reinvest your profits and not spending them. I would be 11 years ahead of where I'm at now hahah.

@Morgan Klein Good evening Morgan, I have each one of my rentals in it's own LLC that all report to a holding LLC that owns the rental LLCs. I just own the holding company. This was the best play for my situation. I also have an umbrella insurance policy in the event that both corporate veils get pierced. There are lots of ways to go about with asset protection. Best is to meet with your lawyer for their consult. Junior

@Maurice Smith My MFH are in the Midwest. (Ohio and Michigan) currently targeting the Austin Texas area for a larger MFH. And you're very welcome thanks for being open to conversation. Best of luck