All Forum Posts by: Percy N.

@Michael Salin, that's pretty good cash-flow on those properties (depending on the capital invested). Is it NNN?

If you are looking for passive income, I would look into a syndication of 150+ units.

If you are looking to do a 1031 exchange, discuss that with the syndicator unfront as most will not be eligible.

@Michael Salin, how large of a property do you seek (20 units or 200)?

@Brooke Taylor, talk to a local bank that does portfolio lending.

They may even offer a commercial LOC, which you can may off fast and increase IRR.

@Praful S., what are your goals for this investment?

How actively involved do you want to be?

If you are looking for a passive investment, have you considered joining a syndication?

Shoot me a note if you are interested and I can share how I got started.

@David Mitro, I am interested and will bring along my 2 partners.

We just put a 158 unit under contract.

@Denny Mathews, where is the property located?

In my market I would be very careful with rental properties over $250K to make sure they cash well and provide a good return. 

The sweet spot in my market for SFR rentals are in the $75k - $125k range and rent for $1200-$1400/mo , $250K properties rent for around $2200-$2400/mo

$1500/mo for a $450K property seems like a very low return unless you are expecting massive appreciation of value

That is correct. Since you said you don't like how some property mgt websites posted to other listing sites like Trulia, this is an alternative option for posting.

For a handful of properties (even a couple dozen), you can easily post them manually via Zillow Rentals (formerly Trulia) or hire a VA to do it.

@Chris C., I am not a CPA, attorney or qualified retirement plan provider.

I am an investor who has a self directed IRA as well as a solo 401K, so PM me your questions and I will see if I can help.

@Osazee Edebiri, if you are looking for a way to compare different investment vehicles, I have a blog post I am writing and can share a draft with you if you PM me.

If you want to invest in multi-family, scale and want to be hands-on, then I would say get involved in syndications as a sponsor or co-sponsor.

@Justin Dixon, I like TenantCloud.com and Cozy.co

You can try https://www.turbotenant.com/ to post to listing websites.