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All Forum Posts by: Solomon Floyd

Solomon Floyd has started 17 posts and replied 46 times.

Post: Cigars & Real Estate Networking

Solomon FloydPosted
  • Texas
  • Posts 56
  • Votes 25
Quote from @Malcomb Stapel:
Quote from @Solomon Floyd:

@Malcomb Stapel you'll have to make it out to the next event.


 A bit of a drive from Kansas, but I'm not opposed! It's always nice to meet with new folks, and smoke a cigar. 


We will have our first online event next month. Cigars and Online Networking. 

Post: Cigars & Real Estate Networking

Solomon FloydPosted
  • Texas
  • Posts 56
  • Votes 25

@Malcomb Stapel you'll have to make it out to the next event.

Post: Cigars & Real Estate Networking

Solomon FloydPosted
  • Texas
  • Posts 56
  • Votes 25

Reunion Investments is the host of Cigars & Real Estate, a monthly real estate event for professionals looking for the chance to connect in a relaxed setting with no pressure. Our event is designed to bring together newbies, veteran investors, qualified vendors, and market experts together for a great night. Join us for an amazing night of Cigars and Real Estate Networking!

RVSP HERE

!This event is 21+ Years of Age!

Keynote Topics:

  • Selling Homes With Higher Interest Rates

Activities:

  • Attendee Networking
  • Vendor/Sponsor Networking
  • Sponsor Speakers

Dress Code:

  • Business Casual
  • Please Bring:
  • Business Cards
  • Smart Phone
  • Photo ID

I think you'll have to weigh your options, but I'd say that building BTR (build to rent) is the best way to go. You can get more bang for your buck and have the option to sell if you really need to, with some stipulations of course. In the current market, you may want to stick with affordable housing and tertiary markets, less cost to purchase, and less time to build. 

Post: A Post About Diversification.

Solomon FloydPosted
  • Texas
  • Posts 56
  • Votes 25

@Ryan Fox I have been doing the same thing, but compounding my real state earnings after expenses to grow my cash flow outside of my rental portfolio. I like your plan of using your own cash instead of debt, I am trying to get all the debt off my balance sheet at the moment. 

@Paul Moore You and I are speaking the same language and would love to connect.  

Post: Passive Income For Beginners

Solomon FloydPosted
  • Texas
  • Posts 56
  • Votes 25

Welcome to Passive Income For Beginners

Hosted by Reunion Investments', Solomon Floyd, you will learn the basics of passive income along with helpful tools that we will keep you from making the most common mistakes. Your host has 10 years of experience with the creation and management of passive income vehicles totaling over $25M in deals. There will be a Q&A session that will allow you to get some of your unanswered questions out into the open.

Who will benefit?

  • People saving for their first deal
  • People looking to get started sooner rather than later
  • people who want true passive income
  • People wanting to grow their income

What we discuss?

  • What true passive income is
  • Where to find it
  • Best practices for due diligence
  • Common mistakes
  • Q&A

Do I need to go anywhere?

Nope. This event is online and will be recorded to view later

Post: Always Be Diversifying!

Solomon FloydPosted
  • Texas
  • Posts 56
  • Votes 25

@Nate Sanow I have had a really good experience with the four I invested in. Not sure BP will allow me to post the names and websites. One of the funds I helped develop returns a 15% dividend each quarter, and it's been consistent this year with its growth it also has a 6-month liquidity timeframe. The REIT I recommend went from a $10.19 per share price to $22.15 in about 3 years, their minimum is $1,000 and they make it easy to get started. Both are very well-diversified with farms, workforce housing, and military housing.

Post: Always Be Diversifying!

Solomon FloydPosted
  • Texas
  • Posts 56
  • Votes 25
Quote from @Mike Dymski:

Complicated topic.  Publicly traded REITs are down 25% this year.  Is that enough or too much?  Hard to say.  Non public REITs have not declined yet...that's risky with high interest rates, declining rents, and recession concerns.  I agree though of having access to cash and cash flow in this market.

The trick is to thread the needle and find buying opportunities at lower prices while still having access to good debt.


Couldn't agree with you more. My post is really more geared toward private REITs and Funds. The benefit for most of them is that they will most likely not rely on heavy debt for the coming year and they are well diversified to not be as affected by declining rents.