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All Forum Posts by: Juwan Parker

Juwan Parker has started 6 posts and replied 8 times.

Hey all,

Someone in my network just forwarded me a deal for a 167-unit storage. This would be my first foray into storage but have a lot of experience with SFH and MF. What is the best way to analyze a "good" deal and pro-forma out numbers for a property like this?

Post: House hacking in the Atlanta suburbs

Juwan ParkerPosted
  • Posts 8
  • Votes 4

Hello! 
my girlfriend and I are looking for a multi family house hack in the in-between places of Atlanta and Athens. Next year I will be going to law school in Athens and she will be continuing law school in Atlanta. We were thinking Lawrenceville, Buford, Sugar Loaf areas, is there any other areas we should be looking into?

That you are increasing rent!

The tenant takes great care of the property, has been there 2 years and I haven’t raised rents but definitely need to. She only contacts me when it’s a big thing happening and she usually will text my Google Voice number. I’m assuming I shouldn’t text a rent increase but phone call, letter or email? She’s on a M2M now and I want her to go in on a new yearly lease, thanks!

Post: Are there any Atlanta Meet-Ups?

Juwan ParkerPosted
  • Posts 8
  • Votes 4

Hey all just seeing if there were any meet-ups in the Atlanta area, specifically in the fulton county area (fairburn, union city area).

Thanks, let me know!

Post: Single Family/Small Multifamily Calculators

Juwan ParkerPosted
  • Posts 8
  • Votes 4

Hello all!

I am analyzing properties (1-4 units) and do not really like the BP calculator. Was wondering if you guys had any others you recommend or have built and don't mind sharing? Or just tips on building my own. I will gladly receive whatever you have! Thank you. 

Post: Looking to Learn A Niche

Juwan ParkerPosted
  • Posts 8
  • Votes 4
Quote from @Joe Villeneuve:

A couple of things:

1 - All those tings you mentioned are not strategies, they are types of REI you can invest in. Strategies are "how" you move the money in order to make money using those types of RE.

2 - Don't focus on any one "niche".  Learn how to make money in as many as you can.  Learning one restricts you on the opportunities that are presented to you.

3 - The only thing in life that has no limits on it, is the "size of your box"...your knowledge.  One of the goals everyone should be striving for is to have the largest "box".

Thank you. I feel like a theme of mine is “jack of all trades, master of none” and worried that might hold me back if I didn’t master one first, then move to the next

Post: Looking to Learn A Niche

Juwan ParkerPosted
  • Posts 8
  • Votes 4
Quote from @Shiela R.:

@Juwan Parker good on you!  Curious what your long term goals are and what your skills/strengths (and/or weaknesses) are? 


 Long term goal is pure cash flow of $5000/month through real estate. My strengths are I’m a quick learner, I have ample amount of free time and time management and I’m driven. Weakness are lack of liquid capital and confidence, even though i have a pretty good grasp on the fundamentals of investing and how it works. Also, not a big network of lenders, fellow investors. 

Post: Looking to Learn A Niche

Juwan ParkerPosted
  • Posts 8
  • Votes 4

Hey all,

With my WFH job I have 1-3 hours a day to spend studying real estate. I currently have 1 single family in Tulsa and partnered in a 20 unit complex, also in Tulsa. 
I want to spend these available hours learning about different strategies of real estate such as flipping, self-storage, creative financing, auction lists, buying foreclosures or REOs, and short term rentals. I have gotten all the BP books on these topics in order to find/develop a niche to become an expert in in an effort to spend this year before law school on something productive that could help me expedite my freedom. 
outside of the BP books are there other authors, YouTubers, etc I should look into regarding any of these strategies?

Are there any other strategies I haven’t considered?
is there a strategy or tactic you are a bigger proponent of than others?

Thank you guys! I plan on becoming more active in the BP forums. I look forward to connecting and discussing with you all. 

- Juwan Parker