All Forum Posts by: Masashi Borges-Silva

I just realized that the whatsup link was wrong.  Below is the correct one to join the group chat:

Groupchat

@Heriberto Cedillo yes! That’s not a problem at all!! Thanks for asking!!

Whatsup Group Chat Link

If you're interested in the latest meetup information and updates, we invite you to join our whatsup group. Don't worry if you're new, just introduce yourself and start chatting with other investors!

Event details

This is a bi-weekly event to network with people who are interested and doing real estate investing. In addition, you can network with other real estate investors at this event and learn about real estate investing.

Who is this event for?

This is for YOU! Because you are reading this, you are interested in real estate. This is an event where you can chat with other investors, and my job is to inspire you. Even if you are an absolute beginner and don't know what to talk about, this is a perfect event to surround yourself with like-minded people. You will be inspired and amazed by how others want to help you. Do you feel like, “I want to help other people, but I am not sure what area I can help?" Then, the host would like to invite you to join the meeting, and the host can help you.

What you get from this event

If you are asking questions such as: How do I even start? Where is a good place to look? Where can I learn more about real estate investing? How do I analyze real estate deals? The host can help you navigate through the industry of real estate investing!

Background of the host

The host is still looking for the first investment property. Since the summer of 2022, he has submitted one offer in New York state property and decided that the supply needs to meet his goal. His plan for the next three years is to obtain ten units in 3 years (i.e., three units per year or at least ten offers submitted weekly!). Since NY supply cannot meet this demand, his focus is shifting to long-distance investing (Columbus, OH or Cleveland, OH). He can tell you the market trend in these areas is much better than in NY.

In Jan. 2023, the host visited Columbus, OH, for a week to see things with his own eyes. The host attended a local meetup, where he met other local investors with five to twenty+ doors in their portfolios. The local investors were kind, welcomed the host with open arms, and shared their contact info, such as real estate agents, property managers, contractors, lenders, and other local investors. The host's network expanded tremendously at this meetup event in OH, and he feels more confident investing in the area with the teams built through networking.

Real estate is people's business, and you alone cannot do everything. So I have to rely on others (attorneys, agents, lenders, contractors, etc.) to be successful, which is my way of giving back—sharing what I know and have learned.

Education x Action = Result

If any of this is interesting, the first step is to attend the event. This is a very inclusive space, and the goal is to grow together no matter where you are in terms of experience. What matters in life is to have a vision/goal, take action, and adjust the vision/goal. There is no wrong answer in this journey, and the path taken will be unique for each of you, and the host is here to help you achieve your goals!

Real estate investing can be a lucrative venture, but it often requires a significant amount of capital. While traditional financing options such as bank loans and mortgages are available, they may not always be accessible or desirable for investors. In these situations, private money lenders can be a great alternative. Private money lenders are individuals who are willing to lend money to investors, often at a higher interest rate than traditional financing options. However, before approaching your family and friends for funding, it is important to have a solid business plan in place. Here are the steps to writing a one-page business plan for private money lenders.

Step 1: Define Your Investment Strategy

Your investment strategy is the foundation of your business plan. You need to clearly define what type of real estate you plan to invest in, whether it be single-family homes, multi-unit properties, commercial buildings, or something else entirely. Additionally, you should consider the level of risk you are willing to take on, the timeline for your investments, and your expected return on investment.

Step 2: Identify Your Target Market

You need to identify your target market to ensure that your investment strategy is aligned with the market demand. You should research the local real estate market to understand what types of properties are in demand, what the current rental rates are, and what the competition looks like. This information will help you make informed decisions about which properties to invest in.

Step 3: Outline Your Marketing Plan

Your marketing plan will outline how you plan to acquire properties and attract tenants. This can include strategies such as direct mail campaigns, online advertising, or working with real estate agents. You should also consider how you plan to differentiate yourself from your competitors and what unique value proposition you can offer to your tenants.

Step 4: Define Your Financial Plan

Your financial plan should outline your expected expenses and revenues for each investment property. This includes the cost of the property, any repairs or renovations needed, and ongoing maintenance costs. You should also consider your expected rental income, vacancy rates, and any other sources of revenue.

Step 5: Include an Executive Summary

Your one-page business plan should conclude with an executive summary that highlights the key components of your plan. This should include your investment strategy, target market, marketing plan, and financial plan. It should also include a brief summary of your background and experience in real estate investing.

In conclusion, a one-page business plan for private money lenders can be an effective tool for securing funding from your family and friends. By following these steps and creating a comprehensive plan, you can demonstrate your preparedness and increase your chances of success.

Here are some additional tips to keep in mind when writing your one-page business plan for private money lenders:

• Keep it concise: Remember that the purpose of a one-page business plan is to provide a quick and easy-to-understand overview of your investment strategy. Stick to the most important points and avoid unnecessary details.
• Use bullet points and headings: Breaking up your plan into easy-to-read sections can make it more digestible for your potential lenders.
• Be realistic: While it's important to be optimistic about your investment potential, it's also important to be realistic about your expectations. Make sure your financial projections and timelines are achievable.
• Include visuals: If you have any graphs or charts that can help illustrate your investment strategy, consider including them in your plan.
• Get feedback: Once you've written your plan, ask for feedback from trusted advisors or mentors. They may be able to provide valuable input and help you refine your plan.

By following these tips and the steps outlined above, you can create a one-page business plan that effectively communicates your investment strategy and increases your chances of securing funding from private money lenders.

Investing in real estate can be a profitable venture, but it can also be challenging. One of the most critical components of any real estate investment project is finding a reliable and investor-friendly contractor. Hiring the right contractor can make all the difference in the success of your project. Here are some tips for finding the right contractor for your real estate investment project.

1. Ask for Referrals: Referrals from other real estate investors can be a valuable resource when looking for an investor-friendly contractor. They can provide you with insights into contractors they have worked with and recommend ones that meet your specific needs. You can also ask for referrals from local real estate associations or trade organizations.
2. Check Online Reviews: Another way to find an investor-friendly contractor is to check online reviews. Websites such as Yelp and Angie's List allow you to read reviews from other customers, giving you a better idea of the contractor's reputation and reliability. Be sure to read both positive and negative reviews to get a balanced perspective.
3. Conduct Interviews: Once you have a list of potential contractors, schedule interviews with each of them. This will give you an opportunity to ask them about their experience, their approach to projects, and their pricing. Be sure to ask for references and follow up with them to learn more about their experience with the contractor.
4. Check for Licenses and Insurance: Before hiring a contractor, make sure they have the necessary licenses and insurance. This protects you from any potential legal or financial liabilities that may arise during the project. Check with your state's licensing board to ensure that the contractor's license is up to date.
5. Get Written Estimates: Always ask for written estimates from potential contractors. This will help you compare prices and ensure that you are getting a fair deal. Be sure to review the estimate carefully and ask questions about any items that are unclear or seem excessive.
6. Look for Experience and Expertise: Look for a contractor who has experience in the type of project you are planning. For example, if you are planning to renovate a historic home, look for a contractor who has experience with historic preservation. A contractor who specializes in your type of project will be better equipped to handle any challenges that arise.
7. Communication is Key: Good communication is essential when working with a contractor. Look for a contractor who is responsive and communicates clearly. They should be willing to answer your questions and provide updates on the project's progress.

Also, I had the same question and found a book covering the topic. The book on how to estimating rehab costs by J. Scott was interesting to read. Not only the book covers some of the common rehab costs, but also the book covers when to pay for the contractor’s work or material needed to start the job. If you have a chance to read it, this might be a good resource.

Finding an investor-friendly contractor requires time and effort, but it is an important step in maximizing your investment potential. By following these tips, you can find a reliable contractor who can help you complete your project on time and on budget. Remember, a good contractor can make all the difference in the success of your real estate investment project.

Join the meeting today at 11:30 am!  See you there :)

Group Chat Link

If you're interested in the latest meetup information and updates, we invite you to join our whatsup group. Don't worry if you're new, just introduce yourself and start chatting with other investors!

Event details

This is a bi-weekly event to network with people who are interested and doing real estate investing. In addition, you can network with other real estate investors at this event and learn about real estate investing.

Who is this event for?

This is for YOU! Because you are reading this, you are interested in real estate. This is an event where you can chat with other investors, and my job is to inspire you. Even if you are an absolute beginner and don't know what to talk about, this is a perfect event to surround yourself with like-minded people. You will be inspired and amazed by how others want to help you. Do you feel like, “I want to help other people, but I am not sure what area I can help?" Then, the host would like to invite you to join the meeting, and the host can help you.

What you get from this event

If you are asking questions such as: How do I even start? Where is a good place to look? Where can I learn more about real estate investing? How do I analyze real estate deals? The host can help you navigate through the industry of real estate investing!

Background of the host

The host is still looking for the first investment property. Since the summer of 2022, he has submitted one offer in New York state property and decided that the supply needs to meet his goal. His plan for the next three years is to obtain ten units in 3 years (i.e., three units per year or at least ten offers submitted weekly!). Since NY supply cannot meet this demand, his focus is shifting to long-distance investing (Columbus, OH or Cleveland, OH). He can tell you the market trend in these areas is much better than in NY.

In Jan. 2023, the host visited Columbus, OH, for a week to see things with his own eyes. The host attended a local meetup, where he met other local investors with five to twenty+ doors in their portfolios. The local investors were kind, welcomed the host with open arms, and shared their contact info, such as real estate agents, property managers, contractors, lenders, and other local investors. The host's network expanded tremendously at this meetup event in OH, and he feels more confident investing in the area with the teams built through networking.

Real estate is people's business, and you alone cannot do everything. So I have to rely on others (attorneys, agents, lenders, contractors, etc.) to be successful, which is my way of giving back—sharing what I know and have learned.

Education x Action = Result

If any of this is interesting, the first step is to attend the event. This is a very inclusive space, and the goal is to grow together no matter where you are in terms of experience. What matters in life is to have a vision/goal, take action, and adjust the vision/goal. There is no wrong answer in this journey, and the path taken will be unique for each of you, and the host is here to help you achieve your goals!

Event details

This is a bi-weekly event to network with people who are interested and doing real estate investing. In addition, you can network with other real estate investors at this event and learn about real estate investing.

Who is this event for?

This is for YOU! Because you are reading this, you are interested in real estate. This is an event where you can chat with other investors, and my job is to inspire you. Even if you are an absolute beginner and don't know what to talk about, this is a perfect event to surround yourself with like-minded people. You will be inspired and amazed by how others want to help you. Do you feel like, “I want to help other people, but I am not sure what area I can help?" Then, the host would like to invite you to join the meeting, and the host can help you.

What you get from this event

If you are asking questions such as: How do I even start? Where is a good place to look? Where can I learn more about real estate investing? How do I analyze real estate deals? The host can help you navigate through the industry of real estate investing!

Background of the host

The host is still looking for the first investment property. Since the summer of 2022, he has submitted one offer in New York state property and decided that the supply needs to meet his goal. His plan for the next three years is to obtain ten units in 3 years (i.e., three units per year or at least ten offers submitted weekly!). Since NY supply cannot meet this demand, his focus is shifting to long-distance investing (Columbus, OH or Cleveland, OH). He can tell you the market trend in these areas is much better than in NY.

In Jan. 2023, the host visited Columbus, OH, for a week to see things with his own eyes. The host attended a local meetup, where he met other local investors with five to twenty+ doors in their portfolios. The local investors were kind, welcomed the host with open arms, and shared their contact info, such as real estate agents, property managers, contractors, lenders, and other local investors. The host's network expanded tremendously at this meetup event in OH, and he feels more confident investing in the area with the teams built through networking.

Real estate is people's business, and you alone cannot do everything. So I have to rely on others (attorneys, agents, lenders, contractors, etc.) to be successful, which is my way of giving back—sharing what I know and have learned.

Education x Action = Result

If any of this is interesting, the first step is to attend the event. This is a very inclusive space, and the goal is to grow together no matter where you are in terms of experience. What matters in life is to have a vision/goal, take action, and adjust the vision/goal. There is no wrong answer in this journey, and the path taken will be unique for each of you, and the host is here to help you achieve your goals!

The event is tomorrow!

Event details
This is a bi-weekly event to network with people who are interested and doing real estate investing. In addition, you can network with other real estate investors at this event and learn about real estate investing.

Who is this event for?
This is for YOU! Because you are reading this, you are interested in real estate. This is an event where you can chat with other investors, and my job is to inspire you. Even if you are an absolute beginner and don't know what to talk about, this is a perfect event to surround yourself with like-minded people. You will be inspired and amazed by how others want to help you. Do you feel like, “I want to help other people, but I am not sure what area I can help?" Then, the host would like to invite you to join the meeting, and the host can help you.

What you get from this event
If you are asking questions such as: How do I even start? Where is a good place to look? Where can I learn more about real estate investing? How do I analyze real estate deals? The host can help you navigate through the industry of real estate investing!

Background of the host
The host is still looking for the first investment property. Since the summer of 2022, he has submitted one offer in New York state property and decided that the supply needs to meet his goal. His plan for the next three years is to obtain ten units in 3 years (i.e., three units per year or at least ten offers submitted weekly!). Since NY supply cannot meet this demand, his focus is shifting to long-distance investing (Columbus, OH or Cleveland, OH). He can tell you the market trend in these areas is much better than in NY.

In Jan. 2023, the host visited Columbus, OH, for a week to see things with his own eyes. The host attended a local meetup, where he met other local investors with five to twenty+ doors in their portfolios. The local investors were kind, welcomed the host with open arms, and shared their contact info, such as real estate agents, property managers, contractors, lenders, and other local investors. The host's network expanded tremendously at this meetup event in OH, and he feels more confident investing in the area with the teams built through networking.
Real estate is people's business, and you alone cannot do everything. So I have to rely on others (attorneys, agents, lenders, contractors, etc.) to be successful, which is my way of giving back—sharing what I know and have learned.

Education x Action = Result
If any of this is interesting, the first step is to attend the event. This is a very inclusive space, and the goal is to grow together no matter where you are in terms of experience. What matters in life is to have a vision/goal, take action, and adjust the vision/goal. There is no wrong answer in this journey, and the path taken will be unique for each of you, and the host is here to help you achieve your goals!