All Forum Posts by: Ran Iarovich

 What market would you recommend for cash flow over appreciation? 

I haven't used it myself but I know people who manage 7+ doors out of state with Zumper - https://www.zumper.com/manage

Hi everyone,

I'm curious as to how you would look for seller finance or sub-to deal. How would you present yourself and what type of value can you add? For me, I lack tons of capital but want to either work side-by-side with an investor to see where I can value add to their project either through my connections or my real estate background. Appreciate any input!

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100%. As a real estate agent I've seen deals break down literally overnight. My advice is to never feel safe until you are signed and closed. This couldn't be further from the truth!

So inspirational. As someone who is 19 years old. What are some lessons can you advice to save time and money? 

As a real estate agent, my income is inconsistent. I worry that I won't be able to consistently afford a mortgage if I don't have a sunk fund/emergency fund. 

I always tell people that timing the market is a deadmans game. Usually, you have only realize that the market has shifted when it is too late. I think you can agree that no one can time the bottom of the market perfectly. All we can do is look at indicators that point towards that direction and make our investments then. Only after the shift will we be able to fully absorb our investment position. The figure I put refers to this exact situation. Depending on which side you are on, savvy sellers/buyers are the ones that stay within the safe zones of making moves depending on market momentum.

'Consider also that the average homeowner equity has increased almost 4x fold over the past 23 years (even more than equities!) you can expect to at least make some ROI out of your investment.

With that standing, if you were looking for good cash flow over ROI I would try to get in contact with the community. Listen to the recent Bigger Pockets podcast interviewing Barbara Cocoran. She was able to build an entire empire in NYC by partnering up with the locals on finding the best deals, prices, and locations.

Hope this helps and good luck!

Based on your post you are looking for a 120% return annuity ($120,000/year) in 5 years through a passive income source (note: there is nothing that is truly passive you will have to put time and energy into any investment in some way). 

First off, I would pray. Pray long and hard for that hope that you can find such a steal of a deal that you're able to make consistent 6 figure incomes out of $100k in 5 years. I'm not saying it is impossible it is just very rare and/or very risk - crypto, startup funding, day trading, etc. 

On the other hand, if you were to tell me that you'd reinvest the profits made from the $100k, then you'd have a better chance. I personally would try to use the BRRRR on a very undervalued property. Then refinance with the hope of upsizing to something that appreciates and cash flows enough to be able to give me the return you are looking for - still not very passive.

This is a very birds-eye view scenario. I would say if you wanted to make the most wealth then prioritize investing in yourself above all else (and don't expect it to be passive). Investing in building knowledge, your health, and your dreams will be the root of all your other accomplishments. 

Hope this helps

Hi Jonah,

Good to have you here! Pace Morby is best known for his sub-to deals and deep analysis. I would follow his youtube channel to get educated on how he does deals live. What are you currently studying? Are you trying to work in the real estate industry out of college?