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All Forum Posts by: Nathan Lacey

Nathan Lacey has started 5 posts and replied 7 times.

Post: cash buyers for vacant land

Nathan LaceyPosted
  • Rental Property Investor
  • Posts 7
  • Votes 5

I’m having a hard time finding cash buyers for land in Colorado, I have sellers wanting to sell but I can't get the deal closed because I have no buyers. I am a realtor and I am strongly against putting land on the market because land doesn't sell on the market. So how would I find cash buyers and serious people buyers?

Post: Cash buyers for land

Nathan LaceyPosted
  • Rental Property Investor
  • Posts 7
  • Votes 5

I’m having a hard time finding cash buyers for land in Colorado, I have sellers wanting to sell but I can't get the deal closed because I have no buyers. I am a realtor and I am strongly against putting land on the market because land doesn't sell on the market. So how would I find cash buyers and serious people buyers?

Post: Agent friendly brokerages

Nathan LaceyPosted
  • Rental Property Investor
  • Posts 7
  • Votes 5

Hey my name is Nathan and I'm going to be a new agent soon and I'm wondering what brokerage I should join that is investor friendly and that also allows agents to do creative finance deals?

Post: build new relationships

Nathan LaceyPosted
  • Rental Property Investor
  • Posts 7
  • Votes 5

Hello! I'm looking for people to build up rapport with that are eager to also meet new people in this niche and build awesome relationships. preferably people who are into creative finance. 

Post: residential vacancy rate

Nathan LaceyPosted
  • Rental Property Investor
  • Posts 7
  • Votes 5

perfect thank you guys so much!

Post: residential vacancy rate

Nathan LaceyPosted
  • Rental Property Investor
  • Posts 7
  • Votes 5

Hello, I'm an investor looking to buy in the Cleveland Ohio area. And I was wondering what the residential housing vacancy rates are?

Quote from @Lane Kawaoka:

@Michael Hyun

I took a look at your journey so far, and I must say, you're doing a great job. Moving quickly and all. You're probably making good money at your job, so here's my suggestion: why not skip the whole hassle of buying individual rentals and go straight to syndications and private placements? I know it sounds crazy, but trust me, I've been there. I bought a bunch of rentals between 2009 in Seattle and up to 2015, had 11 of them out of state, and let me tell you, it's just not scalable. So many legal liabilities and headaches. I'm just trying to save you from all that trouble - plus its going to hard to be to unload them on RS.

Now, the real challenge is finding other truly passive investors like yourself. It's not easy. You won't come across them on internet forums or local real estate clubs. But once you do find them, it's a game-changer.

Regarding Real estate professional for the tax benefits. I get where you're coming from... But when you have your own direct ownership portfolio, you'll still have to recapture the depreciation eventually. All that hard work you put into it will need to be unwound. Let me know if you would like to chat more.

Can you please explain what syndication and private placements are?