All Forum Posts by: Sri Kand

i really need to make the plunge. Every year turns around I think I will start my first REI, and I am again stuck with this career(which pays well) but I cannot visualize doing this forever. I need to build that passive income when cash flow is awesome with both of us at prime of our earning age.

@Rick Pozos totally agree with you. I am just trying to diversify the money. My commercial real estate is in syndication group and again with a good bunch of friends who are doing a good job. 

My goal is that being in peak of our earning potentials and in our early 40's, if I could stack up some good rentals properties and pay them off in the next 15 years, it becomes a good passive income when entering retirement. 

I am big fan of syndication, but then as you said grass is always greener. Just that lure to make that extra % ROI. Its all the balance of what can be done.

@Jason Hawk and @Steve Ipock please let me know if you see anything that is interesting. I think KC is a good middle ground, not hot not too crazy and cannot go wrong with the heartland :) 

I dont many deals in the marketplace. If you know a whole seller or see something interesting, definitely PM me.

I would love to meet up with BP investors who have remote investments. I am looking at mostly buy and hold for income generation, and building a portfolio. 

I can meet for coffee in seattle/eastside. Would love to get some tips

Hi

I have got hooked to BP now. I have been listening to podcasts and reading the forums and also looking at marketplace. I have the cash and I like those returns I see. Those 7-10% returns look so cool. 

But I am very conservative guy when it comes to money. I just dont trust this real estate market and I think we are year or 2 away from recession. Especially the area I am in(seattle), this market is just crazy. I would like to get into REI, but want to play in safer area, and be conservative than burn and die and be worried. I am looking for some turnkey project, as I dont have the time to fix and find renters

I have seeing all these houses and duplex for less than 50K in detroit and ohio, but dont know if these are legitimate deals. Sometimes when posters comment that "this will rent for $800" , I am skeptical. How can a 50K home rent for $800 / month. 

Any recommendations from the experienced crowd as where I should look for, and what are the gotchas. Do you always visit the house that you are buying?

Love to get some pointers and tips, and shoot me any deals you find. 

Thanks for the tips and I shall look through ebook and podcasts. Definitely time is limited so dont know if I can come up to meets, but definitelly can sync up individual mentors especially on the Eastside to help me through the process. 

I keep hearing that Detroit is just coming out of the slump. Again a newbie and have no clue. 

I like the Texas market, but just too far away from seattle to even have a clue. Love to get some advise, especially from seattle area investors managing and buying property far way

I am srini from seattle(bellevue/redmond) and work in the software area. I have a day job, but do have a lots of positive cash flow at home. I am very active on the stock market, have some exposure to commercial real estate through a good friend of mine where I invest in buying properties. 

I would like to get into residential RE for income and appreciation, but more for income. Seattle market is way too hot and the price to rent is way out of whack. Want to get into places and properties where it is more reasonable and I can get about 10% return on my capital and small YoY appreciation is good. I think markets like Detroit/Dallas/San Antonia 

I am newbie to this kind of investing and also need some local experts to help me. I can partner with others or get into a group buy too, but can work with some wholesaler for some recommendations and guidance.