All Forum Posts by: Luke Hadden

@Jason A., I like it. See you on the 22nd. 

@Stephen L., There's one on the 22nd Jan. Send me your phone number and I'll add you to the whatsapp group. Thanks!

It took a while to actually have someone apply for tenancy of my property. Due to Roofstock's rent guarantee, I'm not losing any money.

The property management is only giving me the following information about the applicant:

- Credit score over 575. No range provided.

- No evictions ever. 

- No outstanding rent payments to clear... this is because the applicant was recently a homeowner.

- Applicant recently sold their home. No outstanding/late mortgage payments to clear. No foreclosure.

- An income to rent ratio over 3:1

- Passed criminal background check

It's a 3 bd/2ba property and the applicant is a single adult. The PM cannot share if there are any minors will potentially be living in the property.

The reason for my post is because this is the most vague criteria that a PM has ever provided me. Usually I get a better idea of the credit score.

Thanks in advance for your thoughts. 

@Nick Giulioni

Let’s meet up! Shoot me your number and let’s start a WhatsApp conversation.

Looking forward to it. Luke

@Lars Horsbol

Living in Singapore. Investing in US.

I originally thought it was a lonely world but over the past few months, my WhatsApp group has grown to 12 likeminded investors based in Singapore.

I’m not a permanent resident. So, no central provident fund for me. If I had that, investing here would be more realistic.

I’ve got my eye on Hong Kong.

@Lars Horsbol

Let me know if you make it to Singapore. Cheers!

@Andrew LeBaron

Any multifamily investment opportunities? Send them through. Thanks!

@Caleb Webster

I can do lunch. Thanks for reaching out.

Shoot me a message +65 90127679

Good for you! I wish I were 19 when I got started. You're ahead of most. 

I might buy negative cash flow...if there is forced equity or cash flow upside. That said, I haven't bought negative.

I started less than 12 months ago and did everything from right here in Singapore. Happy to chat more. There's an aspiring meet up group here as well. That would be a great resource for you. Send me a message and we can link up.

Luke

@Victor Saumarez

I agree. The leasehold situation over here in Singapore is not appealing. I’m seeing more and more freehold properties available but....it’s primarily new construction. Not for me.