All Forum Posts by: Ryan Blackstone

JV stands for Joint Venture. It is when you partner with someone. I have done it in storage where someone else was the guy who did all the work and I was just the money guy. You are giving up your control though. Syndication is similar but you are kind of investing into a company that owns the real estate.

We do have a meetup in NWA if you are ever in this area. You can meet some great investors and ask all the questions you want. 

You could: 
1. Pull a line of credit over all the properties and invest that in the stock market or other investment properties. (I do this and flip more properties.)
2. Sell off half and pay off the other half or so which is probably give you more cashflow now, but less appreciation over time. 
3. Sell all and reinvest into some new constructions in your area that you can manage. This eliminates the PM, and hopefully a lot of the cap ex, but you will shrink your cash flow and appreciation potential. 
4. Pull a line of credit or sell some and invest with a partner like a JV or Syndication.

What I am hearing is you are done with the growth stage of your real estate journey. What risk would you be willing to take, and what do you want the next 10 years to look like for you? 

Hey Sean! Welcome. I'm always down for coffee. We also have a couple meetups I can get you connected with. 

Awesome Rick. I will get your email and get you on the list. 

Hey Blake! 

I would love to chat more. Henry Washington from BP on the market podcast operates here. I can get you connected with PM's and the like to help you build your team. 

I have some buyers who are looking. Do you have one? 

I work with several investors in the area. and a deal for one will be different depending on what you are looking for. Here is kind of how I break it out on the residential

On- Market with agent: 0% Coc or a little less. 

Off-Market with agent: 0-7% Coc

Wholesale: 7-10% Coc

Investor-Generated off market: 10%+

The more return you want the harder you have to look for it, and the  more creative you need to get to solve someones problems. Tell me what a "deal" is to you, and I can tell you how you can get it and how hard you will have to work to get it.