All Forum Posts by: Par Attaran

So you just need to hit 15% cash on cash return to reach your goal, if you are investing $200k, correct? There are many funds and investment opportunities that offer 14%+ returns. You could earn that return fairly easily as a passive investor in a fund, or even by investing in performing notes at a 15% yield. It can be tough to find a large quantity of notes of high quality that yield 15%, but 12% is pretty realistic. Are you looking to earn that $2500/mo as a passive investor, or to actively invest your funds and grow them faster with your time?

Passive $2500

Curious where do you find these "funds that offer 14%+ returns? Have I been looking in the wrong places? Maybe high risk funds, sure. But what is the risk there vs Real Estate .

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Great thread!

We are in the same dilemma-

Buy-2 homes in Northern CA=200k (closer, easy access, appreciation)

Buy 4-homes in Ohio/Indy/Memphis=200k (Higher ROI, better landlord laws)

I wish I could tell the future as the plus and minuses are very close.

1 Vote

Originally posted by @Waylon Gates:

@Par Attaran First of all you are doing the right first steps, asking questions and seeking advice from others. I also agree with the other post about not sharing the info about the amount of money that you have to a public forum.

Do you have some timeframe that you would like to achieve that goal within? I will repeat a quote that I have heard, "A goal that isn't set with a deadline is called a dream."

Over all I would say that you are trying to do something that is not easy to do and will likely involve you in some risky deals. Normally the return on any investment follows the amount of risk that is involved. Maybe you can share your timeframe and I could offer some opinions of which way you could go.

ASAP, preferably with in a year or less

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Originally posted by @Chris Falk:

I've listened to some of Clayton's podcasts and also the BP podcast interview with him. I have not looked at investing w/him other than I signed up to get a weekly email. Out of curiosity, has Clayton, his wife or any other member of his team tried to rebut or defend any of the criticisms of Morris Invest in BP?

He did chime in on the other "Morris Invest" thread but never said anything other than "hi"

I too am really curious what kind of properties they really have but can't get much info at all. I spoke with someone there named Larry who was great, but never really got much else. He sent me 3 listings then disappeared, odd as we have cash and would like to move forward. But considering some bad posts here I would rather wait until we can get some real reviews(other than his Podcast)

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anyone have any updates for Morris invest ? I have talked with Larry about properties, but other than a few listings he emailed me(which seemed to good to be true), Morris invest has been silent. I got a phone call last week and never heard back. Odd as we have cash on hand............

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So we are noob investors that have been reading and researching for several weeks now. We are ready to move forward with one goal in mind. We have aprox 150-200k to work with, and are trying to generate $2500 a month in passive income (to cover our main mortgage). Is this even possible? Will we find high enough yields to make this happen or are we crazy?

If so what would you do? Do we pay cash for 4 cheap turn keys out of state?(we live in Northern CA so local is out of the question) or should we be looking for a fourplex with a huge down payment ? etc...

Thanks for any help :)

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Originally posted by @Chris Kirk:

Hi @Par Attaran, welcome to BP!

Like @Jill DeWit mentioned BP is definitely a great place to be to learn about investing. There are definitely a couple different ways to go after investments. What are your investment goals? Are you looking for cash flow or more interested in a longer term strategy? How much time do you want to spend on these investments? Are you capital constrained?

Great to hear more info and then some people can chime in with more specific advice that might work well for you!

Nice to see someone else from Sacramento :)

Good questions. Are goal here is buy and hold real estate for passive income. First goal is to find some properties that can generate enough income to pay my mortgage every month($2500) we have about 150-200k in capital to work with. The preferred route would be to look local, but this is impossible in Northern California. So our next route was out of state turn keys...

Thanks for the help :)

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Hello all

Noob investors here trying to generate some passive income. We have an small amount of capital to begin with but have no clue where to start. We have been sucked in by Clayton Morris's podcast and are excited to get moving, but have no clue where to go from here. Turn key, Rehab, buy local, House Hack? etc...

Any info and help is appreciated :)

2 Votes

All Forum Posts by: Par Attaran

Par Attaran has started 19 posts and replied 78 times.

Post: I've got 150-200k to work with, is my goal possible?

Post: In State or Out of State

Post: I've got 150-200k to work with, is my goal possible?

Post: Morris Invest Case Study

Post: Morris invest - any insights?

Post: I've got 150-200k to work with, is my goal possible?

Post: Noob investors from Sacramento ready to pull the trigger

Post: Noob investors from Sacramento ready to pull the trigger