All Forum Posts by: Matt Ward

 Interesting, hope the development turns the population decline around!!  I’m a “data junkie” in your words LOL 

@Charles A. Congrats!  Curious, since you're in FL what made you want to invest in Ohio?

@Michael Cornell I second what @Sherwin Gonzales said, networking is invaluable!  Also, you might want to chat with a lender.  I recommend @Chris Mason... he's local and has a great pulse on the products available to someone in your situation.  You may be able to put down far less than you think.  If I were in your shoes, I'd do just that... first investment in Oakland is a great foundation.

Hi @Karl Platzer!  I second what @Nicholas Aiola said, quite a few good resources on here!!!  Our firm is on the west coast (SF Bay Area) and we have quite a few investors with residential and commercial properties on the islands.  I'd also reach out to @Natalie Kolodij and @Michael Plaks, among others!

Best of luck!

@Michael O. My thought process would be "why do I need this to be liquid?" and if there isn't a good answer to that, you can find good high-liquidity returns in REI like 6-12 month note investing. For example, find a secured loan @ 12% for 12 months or less. Good luck!

 Might want to let your parents know they should (possibly - based off the numbers) file a gift tax return....  That way the statute of limitations starts running.  Good luck!

 Very cool, congrats!  I sent you a connection request, would love to share stories/experiences/etc.  Take care!

@Hailey Brown Orlando is a very hot market and I wish I had property there!  Atlanta could sore soon if Amazon chooses it for HQ2.  Best of luck!

 Detroit has some of the worst population statistics - huge reductions over the last 15 years, and both household income and property values have declined as well.  Just some stats, take them how you will.

 I syndicate multi-family, so not exactly the same in terms of comparing properties, but originally my "critique" or "questions" were just around choosing markets.  For OOS, I'd look at a rising population, rising household income, and rising property values, as well as a good median rent number.  Hope this helps.