All Forum Posts by: Mason Clinger

From a non realtor point of view. It seams like the “good deals” can be (not always) snatched up by other realtors before they get to investors.

Do you think there is an advantage to become a realtor to find your own investment properties?

Most of us think...when I have cash then I will...

(Accomplish the dream) take a moment and help me figure out what you would do if you had $1.2M available to invest?

Specifically wanting to talk about 1031 opportunities, large multi family, 4 plex development.

@Eric Mitchell if you have projects you need help with I have many contacts and resources. I pretty much have an in house team for just about any aspect of renovating a house including abatement services!

Also if you ever come across any properties that can fit the brrr method I am very interested!

@Stone Jin thanks for the input...I’ve been running the numbers on different situations and I think I’m leaning towards selling the house myself and use the cash for other deals or just build new investment properties new

@Bevla Reeves I am looking at the long term strategy. I have been wanting to Brrr properties as the book by David Greene talks about. In order to do so I would like to free up as much capital as possible so that I can buy a new property and fix it up then rent and refinance...in that order.

I have also had a few people ask me if the market is good for selling or keeping your investment rental properties? Sell while it’s high and then hope for the next down turn to buy, buy, buy

@Theresa Harris Thats the question...do you take $80-90k plus the original capital invested and find another deal? Or leave the capital in this investment and rent it out to cash flow approx $4-500/mo? Given the current market conditions

For single family dwellings it’s a sellers market right now. If you were smart enough or lucky enough to capitalize on buying properties 5 years ago then your property has most likely appreciated in value. Even if you haven’t fixed it up or rehabbed. For those of you in this position. The question is...do you sell that property that has now appreciated? Or do you keep that property and rent it out?

Example: if you bought a property for $60K then rehab cost of $60K...now property will sell for $210K

Or

Rent will be around $1200-1300/mo

What would you do!?