All Forum Posts by: Roman S.

I finally found a great PM, that manages properties along the I-65 Nashville corridor including Murfreesboro. They charge a standard % fee and do NOT ever charge any markup fees on maintenance. For out of state investor, I am impressed with their transparency and professionalism.  https://www.gemstonesolutions.net

Trying to decide on the best investment strategy for my SD IRA account and would love to hear thoughts from more experience folks. For this one I would love it to be more passive. If I had 100k in my SD IRA, does it make sense to get a non-recourse loan (~50% down) and get a turn key Single Fam rental or try to find a Single Fam I can buy all cash? Would this type of loan count against my max of 10 loans permitted? Any other recommendations for eligible longer term passive investments that I could do (Syndication?) that provide decent returns? 

Hi note gurus, other than reading Dave Van Horn's book (which I just bought) on note investing, are there any other good resources to learn more about how to get started, evaluate and find notes for sale? 

@J. Martin Wondering if you have any more details on the agenda for this event?

Sorry to hear that @Jeannie G. Sounds like it was more bad luck than Norada trying to scam you or not willing to take responsibility for their actions. As someone, who purchased multiple properties from Norada, through 2 different turnkeys, I can attest that Norada is pretty legit. They provide vetted turnkeys and even personal advice on a deal or a specific situation when necessary. I have not worked with Marco directly, but worked with some of his associates, and so far everyone seems professional, trustworthy, and genuinely interested in helping investors as much as possible.

 I would expect that feds would be sensitive to too many hikes, when we are in this "inflated" territory... but, technically economy is generally healthy, so who knows.  

The stock market is inflated, the housing is inflated in many markets, and the tech industry in general is also inflated. So yes, I too think we are heading for a down turn, but I suspect this one might be different, based on some of the articles I recently read. It could take longer to materialize, and it could also take longer to hit bottom. A LOT of investors are sitting on cash and just waiting. Many still remember the previous recession, so they are patient and hopeful (including myself :). Its impossible to time to market, but I think even if my timing is 70% accurate, it can really make a big difference, especially here in Bay Area. Speaking from experience here :). My question is, how would it play out in other cash flow & hybrid markets like Indianapolis, Houston and Nashville. I bought 1 SF (B areas) in each of these this year to force myself to learn more about these and about RIE in general.

Like many of you I too,  would love to get a nice, cashflowing fourplex, but the recent appreciation in these markets and the slow down in sales in some markets like SF Bay area is giving me a pause. There are several new construction turnkey opportunities in many markets with mediocre cashflow. They are interesting for a passive investor like myself, but what happens when the economy tanks? Would all Bay area investors flood these other markets with rentals and drive the rents down and prices up? Or would they pause and slow down? I am cashflowing $100 - $200 a door, so I can only take so much rent reduction for these. 

Still, I wonder if I am better off buying a new construction turn key fourplex in areas like Jacksonville or Springfield/Houston TX now, or wait? These are NOT great deals, but is it better than doing nothing with the money?

Thanks @Ryan Dossey.  This is helpful. I will probably do the same. 

Do you folks generally add their spouses to title for each investment property? Mainly, I just want to make sure that we are both able to have up to 10 mortgages. I heard that if you put your spouse on title only (and not on loan) this could make this property count against the spouse in the max allowed mortgages, but not sure if its really true. I know its a bit more of a paper work hassle, but its nice to have her name on there just in case :).  Are there any other considerations?

Thanks for your thoughts @Jonathan James Look, its actually my 2nd. There are some big employers in the area and also closer to Indianapolis, this place is about 45 mins from Indianapolis, no crime in this area. I know the numbers are not quite 1%, but I was thinking that all of the big ticket updates would make up for it in the long run. I guess I just wanted to hear from a third party :). Thanks again.