All Forum Posts by: Noah Levenson

@Nick Britton this would just be around general questions for how these systems work, the goal somewhat changes the tactics but not too much.

I haven’t run any campaigns for real estate in particular, but I manage close to 8 figures annualized on Facebook right now and have done millions across almost every online channel. I’d like to share that knowledge and how it could be applied to anyone who’s thinking about online advertising or testing it small scale already. Thanks!

Hey everyone, I got super inspired by the great folks I met at the SF Bay Area Summit and was trying to think of how I could add some value to this wonderful community.  Would anyone be interested in an AMA around Digital Marketing? 

Particularly around advertising online on channels like Facebook, Instagram, Google Search,  YouTube, etc? 

Thanks for letting me know if this is something you'd be interested in! If there's some interest I'll set aside some time to really dive in : )

Thank you all for taking the time to write such insightful advice, seriously helpful!

@Trevor Ewen I really liked how you laid it out, that's somewhat how I've been viewing things too. The one "ace" up my sleeve on the RE side is that I'd either be 1) buying a house hack or 2) investing with my family's RE company. 

So while I'll be involved and learning, the brunt of the work won't necessarily fall on my plate. (i.e. we're trying to buy a 200 unit building, and I'd contribute to the total invested cash). Would that change your thinking at all? I guess it's basically like investing in a syndication and my thinking is, I should have the largest possible cash stockpile ready for that deal. However, that is definitely not diversification. 

@Oleg Shalumov totally agree on the short term money point. That's essentially why I asked this question. I never go into the stock market as a way to park short term cash. In my mind these are mutually exclusive. I'm either putting a dollar into my portfolio and planning on not touching it for 20+ years OR I'm putting that dollar in my RE fund to invest. 

@John Fortes really great point on velocity of return. That's something I should think about more deeply.

Thanks again everyone!

Hey everyone, greatly appreciate your advice here.

To clarify my REI fund is in a 2% account (ally bank). What I've been debating is pausing my recurring robot advisor deposits (about 12% of my overall "extra cash" each month) and channel that into my REI fund (about 35% percent of my extra cash)

I think you made some great points @Bill F. About goals, I have a decent amount stockpiled but not enough to really do some damage in a downturn when I want to go all in heavily. With that in mind I'll likely move forward with the sole dedication to REI until the stockpile is to the point where it makes sense to start DCA again. Thanks guys!

@Brian Burke curious if you have thoughts here too buddy!

I’ve been going back and forth on whether to dedicate 100% of my extra cash each month to my real estate account OR continue dedicating some portion to dollar cost averaging into the stock market (via Wealthfront).

I’m curious what others think? And how people distribute their investments.

From the cash angle, I’m looking to make my first few RE investments as soon as the right deal comes up. So it makes sense to build up the largest possible stockpile.

From the equities side: dollar costing in consistently over time into highly diversified indexes is a pretty proven long term strategy and by getting out of the market right now, I’m risking have cash on the sidelines that could grow and compound over time.

Thanks in advance, looking forward to hearing what all you smart folks think!

@Brandon Turner @David Greene

What non-real estate related assets do you invest in and why?

And/or non-real-estate based revenue streams you focus on developing.

@Brian Burke thanks for the terrific advice. Or as my dad said “he’s spot on”.

They have some things in the works that may require a pretty large 1031, so one there’s clarity there I’ll finalize my approach. The opportunity cost of waiting 5 years to get in on a deal with them is too great for me in terms of all the learning I’ll be missing out on, so just need to determine their realistic timeline & plans.

Thanks to everyone who commented too, looking forward to becoming a more active member of this wonderful community!

@Brian Burke seems the @ didn't work on my post above. 

@Brian Burke Hey Brian, I'm honored that you remember me! I was just talking about you the other week with my dad after reading Brandon's book coming across your section. It was so cool to see you there. (I've got to listen to your episode this weekend). 

I really appreciate your advice here. I'm not sure if the forum is the right venue for it, but I'd love to hear your thoughts/view on where the market is at across the US. 

I'm leaning heavily towards partnering up with my dad & brother, but they're looking more into lending right now  + selling some assets to be in a strong cash position for the next downturn. So it may be a waiting game for me to get hands on experience which is an opportunity cost there as well. 

I'm doing everything I can to learn in the meantime, analyzing deals, going over property financials,  building relationships etc. but I feel like nothing can substitute for really doing it. 

It would be great to learn more about your current strategy at Praxis in this market (here or "offline") 

Thanks again Brian, I'd love to drive up there sometime and say hi + let me know if I can ever help you guys out, I work in very large scale online advertising.