All Forum Posts by: Naphat S.

Thanks in advance for your advice on this.

We bought one turnkey property last year(been happy and finger crossed on that so far) and in the market to buy 1-2 more.

Often times, when we do my due-diligence for the given address from potential turnkey provider, we  came across other properties in the area for sales that is nicer or more reasonable or both. we understand our turnkey providers already put some markup on but it makes us feel that if we can partner with a good agent/broker who understand our needs as an investor so we can buy a good investment properties without sourcing through turnkey provider. We don't mind paying a bit more or getting a bit less cashflow but hope to get a good peace of mind. 

We could be totally wrong on this. What is you guys opinion on this?

We are also open to talk to agent/broker on this as well.

Thank you very much!

@Bob Malecki @Boyd McClean @Mike Hartzog 

Thanks much for your inputs. Mike summarize it very well there. I do not have much in my retirement account (401k also with current employer which I can't convert to self-directed). 

I still like the concept of Notes and want to get involve somehow.

I understand the basic concept of investing in note vs. rental properties - no headache with Tenent/Toilet etc while rental properties come with potential appreciation (house value, rent) and tax reduction. 

1. For Note investors out there (and I mean investor who buy and hold notes for passive income), Do you also own your PHYSICAL rental properties? How do you feel about the two?

2. Does it make sense to be in REI world with NOTES only?

Thank you so much

@Rob Cee  Thanks for asking this question !!! 

All - I understand that there are many positions you can put yourself into NOTES business.
But let say, if I am the "END" note investor and did not plan to broker/sell the note, or do anything with the note rather than getting sufficient passive income. 

How much I should learn and those courses are good with me too? 
I don't want to rush in to this without knowing but don't want to be "paralysis of analysis" either

Thanks much.

Naphat

 ----------------------

Ben - I will really need to educate myself more on "bridging equity into acquisition of additional revenue" I don't really understand what it means. Could you please message me or clarify me a bit more. Noted that you are not a big fan of turnkey but what other options do I have if I want to invest in Real Estate away from my local market?...I am also interested in Multifamily. 

I will stalk your website tonight...LOL

 -----------------------------------------

Thanks Jerry!! and I never think about it from house appreciation angle. This make it more difficult aghhhhhhhhhhhhhhhhhhhh!! Thanks much!

 ---------------------------

Thanks much Paul and thanks for giving me direct answer LOL. I am in favor of #3 too. It should be enough to buy 2-3 outright. Noted on Higher interest as non-primary. Do you think it's higher than 30 years non-primary mortgage?

Option 4 is little risky to my risk profile I think.

 ----------------

Thanks for your thought Jeff. It's not easy as I thought it is LOL. I think any options have some pros and cons. Right now I have no diversity at all as far as real estate. All will have to rely on this one property. Missing one month in rent could mean big negative cashflow.

 ---------------------------

Using leverage hasn't been my favorite thing to have (perhaps, I'm not that great of an investor) and that's why I paid off my house as soon as I can. I just want to get better cashflow with lower risk (3 properties must be better than 1). 

@Bill Exeter Thanks for you inside on 3 years window. When I really decide what to do, I will definitely have to understand more about 1031.

@James Wise Thank you for your comment. And that's why I asked for all of you experienced investors here. Beside the numbers, I want to be comfortable with the path I choose.