All Forum Posts by: Raj Vachani

@Jan H.  - Jan, I'd be happy to share.  You can't join us on the deal we're closing on because there is a SEC rule that states we must have a substantive pre-existing relationship.  This is to ensure that you have enough time to get to know me and my partners and make sure we're for real.  I'd be happy to talk and develop a relationship, send you info on the past deals, etc.

@Alina Trigub  Alina, what to avoid?  Avoid poor markets.  Focus on population growth, and job growth.  Take the news with a grain of salt.  If you read up on the hottest markets to invest, you'll see Las Vegas show up in a lot of lists, but you have to do your own research.  Cities like Vegas are LIFO markets (LAST IN FIRST OUT) .  They are markets that are the last to recover from a recession and the first to drop when we get into a recession.  Be more interested in how cities do in recessions.  Be conservative. 

@Graham Lutz.  Graham, doing a case study is a great idea.  I'll speak to my partners on setting a webinar up on the 2 exits we had last year.  Last year was an anomaly.  We returned annualized returns of 67% to our investors.  Not the norm.

@Patrice Penda.  Sourcing deals takes a ridiculous amount of networking.

@Jay Helms.  Jay.  I'll give you 3 Things.  1) Start studying the business 2) Network like crazy.  Be willing to fly to meet people.  3) Bring something of value to the table to prospective partners.

@Abraham Anderson  Abraham, it's more than a matter of finding deals.  Since we get our debt from Fannie May or Freddie Mac, they put up 70% to 80% of the money and we raise the rest.  For you to be even looked at as a viable sponsor or investor you have to have experience (chicken or egg issue).  So the only way to get into it is to start partnering with individuals and bring some thing they're looking for.  

In response to @Jered Collins

Jered. My Partners and I are working on a deal in San Antonio right now. It’s approx. 130 units. Purchase price is a little over $14MM. We’ll have our numbers finalized in a couple of days as we finish the due diligence however we estimate that investors will earn close to 90% in 4-6 years. The deal is expected to have 10% cash distributions, and then rest will be in capital gains on exit. We always have interested investors before the deal. Upon closing the deal we start asking for soft commitments. In this deal we’re raising $4.9MM and the debt is being provided by Freddie Mac.

2017  was an epic year.  I'm now invested in 607 units in Texas and Denver.  Returns have been stable at 10% distributions and all my properties are projected to double my money in 3 years.  

My partners and I just signed our purchase agreement to buy another 131 units in Texas.  We've underwritten the deal VERY conservatively and it is projected to put out double digit cash returns with a near doubling of investment in 5 years.

I agree with most of the comments. I signed up for Zbuyer. In my opinion ZBUYER IS A COMPLETE WASTE OF MONEY. The leads are old and stale. Anytime a company has a NO money back guarantee or are not willing to stand by their product or service guarantee then don't buy it. I called for refund, they gave me the run around and said they do not do refunds. As they say in Texas, all sizzle, no steak. :) I wish I had seen this post earlier.

I signed up for Zbuyer 2 weeks ago. In my opinion ZBUYER IS A COMPLETE WASTE OF MONEY. The leads are old and stale.  They charge you a lot for virtually very little.  Anytime a company has a NO money back guarantee or are not willing to stand by their product or service guarantee then don't buy it. I called for refund, they gave me the run around and said they do not do refunds. As they say in Texas, all sizzle, no steak. :)  Don't waste your time or money.