All Forum Posts by: Kayce Tackett

Hi Na, I'd love to hear more about your source if they're still able to do a 90% LTV DSCR.

@Stephanie P.

I'm in SC. Do you still offer something like what was described above?  We'd like to purchase several homes in great condition with the seller carrying the down payment.  I'd like to connect if this is something with which you could help us.

Hi Jason, did you attend the STR summit as planned? I'm sure everyone here is correct about all of the information being available on BP and other sources, but, aside from the networking, did you find that there was enough new information to make attending the event worthwhile? I'm curious about their "unique" scaling strategy as well. I'm all for efficiency and have no issue with paying for expediency, but I also want to make sure it's worth the time, effort, and expense to attend.

Thanks for your thoughts.

Kayce 

 Hi

@Don Konipol, I have the same issue with what could be a perfect rental for members of the military. We have a huge house we purchased at a nice discount. The neighborhood has an HOA. What workaround did you utilize if you don't mind sharing?

We have an unusual but great opportunity.   We have a seller who wants to sell a portfolio of notes.  It's worth $4.3 million today and will generate $6.6 over the next 15 years or so.   We have brought in a colleague who is interested in purchasing or partnering.  The notes portfolio is in a business which is turnkey and would involve about 10 hours/week of oversight.  Our colleague has vast experience with notes; we do not.  We can assist with boots on the ground, inspections of properties, lending relationships, BPOs for the commercial piece, and, of course, we brought the lead.   We have a personal medical situation that requires focus and time right now.  It makes me want to lean towards taking an assignment fee, having the security and breathing room from that, and being done with it, but I don't want to sell ourselves short with such a great opportunity.  I want to be fair to our colleague, but I also need to be sure to look out for our business.   What would you do?

Matthew, I'll PM you what we know.  We're dealing with this same issue.

@Joshua McClam Welcome to South Carolina and the investing community here! I'll echo the sentiments of many here. Columbia is a great market; we're seeing lots of out-of-state investors recognize that as well. Both of the main local REIAs are meeting virtually. I would encourage you to join them. There are deals to be had. I would encourage you to subscribe to the buyers list of local wholesalers. I can provide a link for our company. As mentioned, the student housing market is strong. Multi-family is always enticing, but SFR are strong here as well if you buy right. Lexington, Irmo, and several parts of Columbia provide stability. There is also a local hard money lender who could possibly help with funding if needed. They are familiar with the market, which would probably be helpful given that you're just getting started.

@Brian Briscoe, we’d love to connect! And to answer your very important question, USC, without a doubt! I’m an alumna. My husband quickly adapted and adopted as he, a Kentucky boy, saw it was a lost cause.

@Ryan Copeland Hi Ryan, welcome to the Columbia real estate market. My husband and I are investors and wholesalers here. In case you are not aware, there are two good REIA groups here in Columbia. Those will be great resources as well.

@Christopher Leet, I can recommend an excellent realtor who works with investors and is an investor.  I'll PM you.