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All Forum Posts by: Spencer Ware

Spencer Ware has started 1 posts and replied 7 times.

Post: Retired NFL Player 2x SB Champ

Spencer Ware
Pro Member
Posted
  • Posts 7
  • Votes 19
Quote from @Todd Dexheimer:

@Spencer Ware what type of real estate are you most interested in? I have experience in single family fix and flip, 1-4 family rentals, small apartments (10-30 unit), 100+ unit apartments, development, commercial retail, industrial and office. I've done a ton active and some passive. I'd be happy to give you advice or refer you to someone. 

They all have their pros and cons. 

If you want to play a passive role, a real estate syndication or debt fund could be a great way to go. Make sure that you can find a sponsor that you trust. My company offers real estate syndications. I also have a lot of connections that offer debt funds. Investing in NNN lease (Walgreens, Dollar General, etc are your tenants) is also fairly passive, but you maintain a bit more control.


Absolutely interested.  Would like to become more savvy in the multi units properties realm separate from some of my commercial properties tenants who have excelled in that type real estate.  

Post: Retired NFL Player 2x SB Champ

Spencer Ware
Pro Member
Posted
  • Posts 7
  • Votes 19
Quote from @Jamie Dietz:

Have you looked into private lending?  Its more hands off than being a landlord or flipping homes but you have know how to do it correctly.   Happy to chat if need resources.  


 Actually have thought about that. Would Love to chat. 

Post: Retired NFL Player 2x SB Champ

Spencer Ware
Pro Member
Posted
  • Posts 7
  • Votes 19
Quote from @Gregory Wilson:

Sorry, NFL Player. You should not do what you say you want.
What you have is money. That's all you bring to the game. Everyone has money. They don't even know what to do with it. Your dentist has $4,000,000 in his 401k plan. The guy that turns on and off the lights in the P&G lobby has a couple million in stock. The world values your money at 3 or 4% with no risk. 8 or 10% with moderate risk. And, if a higher return is offered with moderate risk, don't believe it. They wouldn't be coming to you.

So you can get a gold standard investment advisor and give up .5 to 2% of your return, or you can send the money to one or more huge index funds like Vanguard 500 index fund and sleep well at night.

But if you think you have something of value other than the generic value of money, you will be sorely disappointed. Now if you have name regocnition and want to be a front man that is a different story. . . . 

Um hahah. Thanks for the kind words.  I do not only have money to bring to any table.  I would like to pair or assemble a network other than the ones I have New Orleans ,LA / Baton Rouge . 

or In the financial district in SF, California.  

Can never learn too much. keep it coming.

Post: Retired NFL Player 2x SB Champ

Spencer Ware
Pro Member
Posted
  • Posts 7
  • Votes 19
Quote from @Sandra Morrison:
Quote from @Spencer Ware:

Looking to start expanding portfolio.  Would like to be more hands off as well. Seeking connections, advice, deals. Thanks 

Welcome to BP and real estate investing. I am an investor in Cincinnati (not an agent/realtor), a native Cincinnatian and enjoy talking with anyone interested in the area. I volunteer and host an online group for our local chapter of the Real Estate Investors Association (REIA). Cincinnati and Columbus chapters are very active here and nationally and a great resource for networking, recommended contractors/vendors and education. Please message me and I can answer any questions you may have on real estate, local meetups or the local area.  You are also able to enjoy all of the resources Bigger Pockets offers here. Congrats on taking the first steps!

 Thanks looking forward to it .

Post: Retired NFL Player 2x SB Champ

Spencer Ware
Pro Member
Posted
  • Posts 7
  • Votes 19
Quote from @Kate Zieverink McMinn:

I'm an investor-friendly agent in Cincinnati. Sent you a request–– here to help, discuss the market, etc. any time. 


 Thanks Kate. Will reach out !

Post: Retired NFL Player 2x SB Champ

Spencer Ware
Pro Member
Posted
  • Posts 7
  • Votes 19
Quote from @Obed Calixte:

Are you tapped into your local REI groups?


Have one of my own. Working with Batboys LLC . Acquired 3 lots on mulberry st near west end of Cincinnati about 3 years ago still sitting on it. Have not had much time really to put something on them yet.

Post: Retired NFL Player 2x SB Champ

Spencer Ware
Pro Member
Posted
  • Posts 7
  • Votes 19

Looking to start expanding portfolio.  Would like to be more hands off as well. Seeking connections, advice, deals. Thanks