All Forum Posts by: Orlundo Hubbard

as a capital partner funder lender we are doing deals every week.. not sure who your talking to. but we only do it in our lane.. so every capital partner has their lane..

When you say "your own lane", what is your lane currently?

0 Votes

Austin, Texas

Quote from @Shawn Bhatti:

Capital has been tight because 10 year treasuries have been hovering around 4% the past few years. Note that they were sub-1% during the COVID era, which is what allowed many delusional syndicators and funds to raise money for properties that were doomed to underperform.

So ask yourself this as if you are in their shoes: you could invest in T-bills to get a guaranteed 4% return, then what is the premium I would require to invest in this person and their commensurate deal? Of course when the risk free rate is sub zero, those with capital are urged to deploy it (allow known as quantitative easing).

Of course there are many other factors like operator experience, specific market, specific deal etc, but generally this is one of the largest factors.

So, are you saying investors are seeing t-bills as better-performing passive assets than a syndication deal?

Also, what caused syndicators to become delusional? The main driver? And how can this objection be overcome for someone skeptical because of the delusional syndication deals that have taken place?

0 Votes

Austin, Texas

Why is it so hard to raise capital these days?

I have been talking to investors and discussing my interest in raising capital and I get the same response "Capital is tight", "no one's lending right now", and "Why would someone lend to a new investor?".

So, I'm here to ask those who either have capital to deploy or have raised capital, what are the common fears when it comes to deploying capital?

Why is everyone so afraid to deploy capital? What are the common fears of investors who write checks to capital raisers?

Is it just this market that is bringing fear or has it always been this way?

1 Vote

Austin, Texas

Quote from @Jason Sousa:

Quote from @Orlundo Hubbard:

Quote from @Jason Sousa:

Quote from @Orlundo Hubbard:

Hey everyone! I'm looking for an investor-friendly buyer's agent in Austin, Texas who could assist me in finding a 4 - 9 unit multi-family property.

Thanks y'all!

Hey Orlundo,

Is this your first multi? I would think east Austin, or even north central Austin would be a great play. How open minded are you in looking at those areas?

Yes! I love east Austin, it's where I live. Ideally, I would love somewhere close to my area! Do you have anything in those areas?

I own some LTR and STR in those areas. I know if you're looking for 4-9 units east Austin maybe slim pickings, but Basdrop may have something there if you're interested.

I'd be willing to look at something in Bastrop as well.

1 Vote

Austin, Texas

Quote from @Jordan Moorhead:

Quote from @Orlundo Hubbard:

Quote from @Jordan Moorhead:

Quote from @Orlundo Hubbard:

Quote from @Chris Seveney:

Quote from @Orlundo Hubbard:

Quote from @Chris Seveney:

Quote from @Orlundo Hubbard:

Hey y'all! Orlundo from Austin, Texas! I have a hyper-focus on raising a fund to buy commercial properties and I was wondering what you all suggest the first step to take would be.

I've heard the first thing that I should have my attention on is finding a good deal. Also, is no money down really something that is possible?

Thanks!

First step is to have 5 years+ of experience in buying, managing and selling commercial properties. You can get that experience by working for a commercial real estate developer / owner / operator

So, there's no way I can start on my own? Even if I have good deals?

you can try, but I can tell you people who have been doing this for 20+ years also have really good deals and are struggling to raise money right now for deals, and they are also contributing a significant amount of money to the deal.

I always use the airplane example - would you fly in a plane wiht someone who has never flown before even if they say "I have a good plane". you mayhave good deals, but how do you manage them? Not being a pessimist being a realist as you can find 10 gurus who will charge you $10k to tell you how easy it is, but its not.

Gotcha. Yeah I’ve heard how hard it is to raise money right now. But, I’m not looking for easy, I’m looking for possible. Not really concerned with how long it takes, I plan on doing this for good no matter how long it takes.

How many deals have you done on your own? I think proving the concept with your own capital is extremely powerful.

Totally! That makes a lot of sense. I'm currently wholesaling right now. But, I'm looking to buy and hold to build more of a track record.

Househacking has been the easiest low money down way to get started for me

That's definitely one method that I am looking into.

0 Votes

Austin, Texas

Quote from @Aaron Gordy:

@Orlundo Hubbard

What has been your experience raising money using this method? It has been my experience that investors want to know credibility, capability and expertise before they invest with their hard earned capital.

Gotcha. I see.Thank you!

0 Votes

Austin, Texas

Quote from @Chris Seveney:

@Orlundo Hubbard

That is from all the gurus

If you have a good deal the money will come and continue to flow. That is not true

Also How confident are you it’s a good deal? What happens if it was not and you lose $. You think people will believe you for the next one?

So the syndication model is not true? It's not possible without working under someone first?

0 Votes

Austin, Texas

Quote from @Jason Sousa:

Quote from @Orlundo Hubbard:

Hey everyone! I'm looking for an investor-friendly buyer's agent in Austin, Texas who could assist me in finding a 4 - 9 unit multi-family property.

Thanks y'all!

Hey Orlundo,

Is this your first multi? I would think east Austin, or even north central Austin would be a great play. How open minded are you in looking at those areas?

Yes! I love east Austin, it's where I live. Ideally, I would love somewhere close to my area! Do you have anything in those areas?

0 Votes

Austin, Texas