All Forum Posts by: Mike Lambert

Great posts. Does the occupancy rate lead to a high enough income for the time and effort spent and compared to long term rentals? I guess Atlanta doesn't have too many tourists and they, along with people coming for conventions or business, would probably want to stay in a nicer  part of town?

@Mark J. Journal Square "rough around the hedges"? If it is, not for long with the huge residential and commercial developments planned!

Foreigners are not allowed to own Mexican property less than a certain distance from the coast, which is precisely generally want to own property. But it's possible through a trust indeed. When you invest in countries like Mexico you better know what you're doing.

@Brianne H. Sure I'll let you know. My purpose is to use my contacts and knowledge to give investors higher returns through my syndications than if they were investing themselves. So investors would get the work for them, with the knowledge that it's done properly.

There is a massive construction boom ongoing in Los Cabos at the moment and billions of dollars are being invested. The population is expected to almost triple by 2040. Going there in February and will see if there are opportunities for syndications there asI'm sure many investors will want to invest but don't have the knowledge or contacts necessary to invest and get financing there.

Is Savannah a good market for short term rentals?

@Turner Monroe You're right it's 2% gross rental income but even that isn't easy to find these days!

@Anthony Dooley Is Columbus, GA a good market for multifamily (apartments) as well?

Hi guys , great thread! As someone mentioned above, it's probably impossible to find 2% in a growth area so you can get cash flow but don't get the capital gains. You don't need 2% to be cash flow positive after leverage.

So isn't the question what would be the optimal combination of growth and rent / price ratio and where can you find it?

@Account Closed I'm a fellow Canuck and wondering how you can wholesale at such a distance. What sort of team have you put in place?Thanks Mike

@Scott Morton I'm a fellow Canuck and wondering how you can wholesale at such a distance. What sort of team have you put in place?Thanks Mike