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All Forum Posts by: Nathan Hillier

Nathan Hillier has started 5 posts and replied 65 times.

Post: Out of state investing - What's stopping you?

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39
Originally posted by @Lexi Teifke:

@Nathan Hillier That is a great question! I think for me it's been either fear of getting taken advantage of or fear that I will be spreading myself too thin and not focusing on my primary market here in Austin. How did you get to the point that you are at ? Do you think you truly understand the markets that you are investing in? What markets are you investing in.   Thanks for any feedback. Congrats on making that leap. 

We got structured after getting in contact with our current mentor, who is also an out of state investor from Canada. Using her system, we've been able to successfully invest out of state by connecting buyers to sellers, allowing us to bring value to the table when negotiating with sellers in targeted markets. The simple process of facilitating allows us to find better deals, while helping investors invest in better markets. This also helps out of our sellers by moving more properties, and give good contractors and property management companies more work, as we share our contacts with our buyers. 

I am confident in the markets I invest in, as i did a lot of due diligence before taking the leap. As well as fact checking and making sure the info i was told by local investors lined up with my research. I network extensively with local investors, property management companies (who can tell you if a rental is in a good neighborhood or not, and what it will rent for) general contractors, real estate agents, and inspectors. Between all these contacts we have established in each market we work in, i am able to gather enough information regarding a property and determine if it is worth pursuing... or if it fits the criteria for one of our buyers.  

I invest in Dayton Ohio, Memphis Tennessee, and southern NJ. Currently working on expanding my buyers list, and looking to open up Indianapolis as my next place to invest in. 

I understand the fear of being taken advantage of, which is why it is so important to personally know everyone you work with, and surround yourself with like minded investors. I find especially with the system i use to invest out of state, that a lot of investors do not share our mindset, and because of this I've had to turn many working relationships down. I wish you best of luck with Austin, please feel free to contact me anytime to talk or ask questions. 

Post: Out of state investing - What's stopping you?

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

Hey guys, 

I wanted to start a thread and ask why more investors are not virtually investing out of state? As a Canadian, I've been forced to invest out of country to seek returns that i cannot dream to find here in Canada. After overcoming the huge obstacle that cross border investing has in terms of being double taxed, I've had a great experience virtually investing in US real estate. 

So what's stopping you from investing out of state and putting your money to work in markets that offer better returns? What are your biggest obstacles that stand in your way?

Post: Calgary Real Estate Meet up

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

Post: Calgary Real Estate Meet up

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

Hello. If you have any interest or questions about US Real Estate, we are hosting a meet up that is free for all to attend to have an open discussion on investing in the US. No realtors or sales, just an open forum sharing session and networking event.

We have confirmed our meeting on April 18, 2019 from 6:00 pm - 8:00 pm at Cochrane Toyota. We will be meeting upstairs in their community service room. Please feel free to bring any friends or family who is interested in attending. Please respond to this thread or message me if you're interested so we can get a rough number on seating. 

Thanks hope to see yall out there!

Post: Calgary Real Estate Meetup

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

@Muriya Bosch Sounds good, we hope to see you out there! Thanks

Post: Calgary Real Estate Meetup

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

@Jenner Birukow we would love to have you out to join the conversation! Please feel free to message me if you need more information. Thanks, hope to see you out there.

Post: Calgary Real Estate Meetup

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

@Amrinder Cheema

We are in the works of setting up an offical meet up. I will post the details once we have confirmed the date and time, and reach out to everyone personally. Until than we are open to sit down and network over coffee with you. Thanks for the responce.

Post: Convert Primary Home into Investment Property

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

@Maurice Walker

Its a great question, and i dont believe any of us can directly give you an answer.

I think its all about you, how comfortable are you with leveraging debt and to what extent?

If you're financially better off, maybe its worth it to use the capital to buy another rental investment and take the risk of having greater operating costs on your current property.

If not, its best to keep a solid position on your current rental and increase cash flow by paying off debt.

It really comes down to how comfortable you are with leveraging yourself, and where you stand financially and mentally. Its better to make the slower decision and pay off debt if the thought of over leveraging will prevent you from sleeping at night!

Hoped this helped, good luck!

Post: Finding investors through subscription

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

@Kendall Seals

Its a very interesting idea, and id like to hear what others think. Im sorry i don't have much input at this point in time, but ill ask around and comment if i find anything that may help.

Best of luck!

Post: College Real Estate Investing?

Nathan HillierPosted
  • Rental Property Investor
  • TN/OH/NJ
  • Posts 71
  • Votes 39

@Matthew Truty

Hey Matthew, im happy to see there are more 20 year olds trying to get into real estate.

Im currently 21 years old, from Albert Canada trying to do exactly what you are aiming to do. Your best bet like you said is to save, study, and maybe start slow and house hack.

I cant give advise on house hacking since im not in the position to be able to do so (its minimum 400k to buy a home here in Alberta, Canada) but id love to share how i was able to find a way into the US real estate market. A key lesson i learned after studying real estate, is that your networth grows with your network. So apart from saving and studying, start networking with real investors, at local meet ups. As well reach out and just talk to investors through BP via phone calls. This is also great people experience that will translate when you're really ready to invest.

By combining extensive networking and studying, i was able to find an opportunity to connect buyers to sellers after meeting the right people at the right time. This has also helped me create an opportunity to help my family, allowing them to invest in the US through these contacts, earning returns we could not dream of getting in Canada.

Fast track 9 months, we have bought 5 property's in three states, sold our first flip, and have 3 great rental properties.. i understand we all have different circumstances, but networking and studying created an opportunity i didnt think was even remotely possible living in Canada.

At the end of the day its about volume, the more people you talk to, the greater the chances are for you to find the right opportunity that works for you. You never know what you might find out there!

Hoped this helped, best of luck!