All Forum Posts by: Scott Nguyen

@Troy Weygandt Thank you for the insight! 

I know it might be uncommon, but have any investors ever bought a property that they haven't walked through? If so, do you have any tips or strategies for this?

@Troy Weygandt Thank you for clarifying! Let's say a tenant breaks the lease by leaving early. What are the next steps? When is it worth not taking action? (or should you always take action)?

For investors that rent out their property, how long is your lease? Why so? What are some must-have clauses in your lease?

Are leases optional? Or do you have it just so there are guidelines for the renter (also yourself)?

@Thomas S. Thank you for the insight!

@Mike S. Never thought about that, thank you!

@Bob Floss II I'll definitely need to ask myself those questions, thank you for sharing!

@Caleb Heimsoth Thank you for the advice!

I'm currently in Hawaii's market and down payment here is too much for me, so i'm looking to invest in somewhere in the midwest (will narrow it down and select a state soon). 

My question is for investors that have properties outside of their market, how did you get over the fear of going out of your market and how did you manage it from afar? What was your process? 

@Lane Kawaoka Thank you for the insight! Would you recommend a holdings company to hold all of those LLCs? Or just to have a whole bunch of LLCs? Any advantages or disadvantages to each method?

I received advice about starting an LLC for every property I buy. I understand it's to protect me from liability and such, but is worth going through the process for each property?

Would it be a better idea to start an LLC for multiple properties? Or have an LLC that holds all of these "LLC-properties" underneath it? Any advice would be great, thank you!

@Michael Bishop Thank you for your advice! Do you have a checklist or a set of questions you ask the sponsor before you make a decision? What do you consider a "good" deal?

@Sunny Shakhawala Thank you for your answer! Just to follow up, why is are larger assets less risky than smaller assets? And what do you mean by underwritten conservatively?

@Alina Trigub@Theo Hicks@Ivan Barratt @Andrew AngererThank you! I really appreciate your help!

Investing in a syndication sounds like a good idea, put in some money with to own a much more expensive property, and then get returns on it. What are some pros and cons of investing in a syndication?

Do any investors have any stories (success or failure) with this type of investment?