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All Forum Posts by: LaMancha Sims

LaMancha Sims has started 65 posts and replied 104 times.

Post: Profits From Nasty Properties

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28

Everyone looking for the same type of quick easy hits. What happened to the Investors with vision who turned Nasty properties to Profit centers? Nasty properties have been and always will be where the most profits can be made with the right Investor's vision. Your thoughts??

Post: Leveraging other people Money or Use your Money

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28

When it comes to financing a deal, What's the best way to build a solid Real Estate portfolio for Retirement??



Post: What Makes a Good Private/Hard Money Lender

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28

@Angela Walter, agreed. We have learned over the years that a lot of Investors do not understand what they need in a good real estate lender to get them to the promise land. (Making a ton of profits while leveraging other people money)


Post: Having a Money Plan First

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28

This may sound crazy but.....

For all the new Investors and some well seasoned. You need to have a few lenders on your team that can provide guidance to you on financing your deals. Know what you are good at and build your team around that. Having a "How am I going to finance this deal" person in your corner should be top of the list of team members.  Just food for thought.

Post: Best areas around Atlanta for SFR under $400k

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28
Quote from @Calvin Cheong:

Please recommend some areas around Atlanta for SFR under $400k. 5 year hold period focused on appreciation versus yield. Not looking for a rehab property. Buy/Rent/Hold/Sell. Suggestions appreciated!


 Start looking on the south side of Atlanta. There are a lot of great deals and long term value.

Post: Leveraging Credit Score to Get Started

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28

How can an Investor with a 720+ credit score with limited liquidity get started in Real Estate? 

Post: Time to Hit the Sideline??

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28
Quote from @Enrique Huerta:

If you have a long-term perspective in real estate, I would dollar-cost average and continue to buy. If you were buying in the last 2 years, you were paying increasingly higher prices so buying today would be a better play overall. It's not about being on the sidelines, but instead it is about finding a motivated seller, negotiating a solid price, and structuring the financing so it remains accretive to the overall investment.

I'm curious, @LaMancha Sims, are you on the sidelines or still buying? And why?



@Enrique Huerta. My firm lends money to Investors and we build home in the SE. So, I am always in the market in some fashion. Right now, I am asking this question to get a feel for what Investors are thinking and what they need to gain more profits in 2023. 

My thoughts are always to be in the market...There are always profits to be made. But I want to know how other see things. 

Thanks for replying. 


Post: Time to Hit the Sideline??

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28
Quote from @Justin Brickman:

Time to double up



@Justin Brickman...Thanks for the input for your area

These are the times when you should consider Hard many financing:

-  Fix & Flip

- Rental Properties 

- If proof of Income is an issue

- Low Credit Score


If you find the right property and have a solid plan that you can execute. Many lenders are willing to work with you. 

Post: Time to Hit the Sideline??

LaMancha SimsPosted
  • Investor
  • Atlanta, GA
  • Posts 129
  • Votes 28

Is it time for Investors to head toward the Sideline or Continue Buying