Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Stanley Nguyen

Stanley Nguyen has started 15 posts and replied 75 times.

Post: Affordable Housing in San Antonio

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23

@Brandon Miller hi Brandon can u please add me to the list too? Thanks!

Post: Long Distance Investing

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23

@Ali Boone I'm also looking for markets elsewhere to start my rental portfolio.  I think CA is un-investable, or at least I have been searching without much success.  Would appreciate your thoughts on where to look for

One thing about long distance investment that I'm a bit wary is how to build up a team I can trust (realtor, contractor, property management, etc.).

Post: Terms of private / hard money lenders

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23

@James Golden This is a great wealth of information.  I am looking into becoming a private lender myself.  Have been lending to a close friend of mine for the past two years but want to be more serious in this.  Would appreciate any pointers.

Post: Private lending

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23

Post: San Jose Meetup - Thursday 3/28/19

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23

First time here.  Looking forward to meet and network with everyone!

Post: Getting into private lender

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23
Originally posted by @Jay Hinrichs:

@Chris Seveney  Chris is someone  U may want to talk with I believe he will let you invest along side him and that is a great way to get some experience without taking on untold risk.. 

@Bob Malecki  has a fund ( not sure if its accredited or not) but they are in the business of managing debt instruments.

So maybe you check into these two as some sort of alternativeto get some experience.

the BP is full of threads of beginner lenders asking for help after the fact.. 

its not super complicated but experience matters when it comes to lending.. its not like buying a rental home and sticking a tenant in it.. anyone can grasp those concepts.

 Thanks!

Post: Getting into private lender

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23
Originally posted by @Jay Hinrichs:

go to local REIA type meetups talk to flippers and let them know your interested in lending.. pretty simple.

use a lot of caution though as you start out.

 Thanks!  What kind of contract, risk assessment that I should do, mostly to protect myself from losing the funds?  I'm being curious as well on the typical rate you would get being a private lender?

Post: Buy my first investment property

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23

Hi,

I'm looking to buy my first investment property.  Interested in TX, FL, or OH (actually any) that can generate incomes.  Love to connect to everyone and learn as much as I can in the processes.

Any thoughts on the following:

1) Do you typically pick a good school district for your rental less income since your cost would be higher but you can get it back on appreciation?  

2) More and more cities are restricting STR (I started to learn about all these acronyms and I hope I use the right one: STR: Short Term Rental? LOL) so I think I'll stick to long term rental. Is that a good strategy?

3) For rehab, how do you manage all of the repairs if you are not on site?  Would the realtor/broker help with that or do you have to  be present?

I see there's a good thread on how to generate 1K on 60K and I'd love that.  I have a stable job with a good amount of funds sitting around doing nothing so I'm really excited to get started, however small.  Looking forward to connect to everyone here.

Cheers,

Stanley

Post: Getting into private lender

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23

Hi,

I'm starting out and trying to diversify.  I have some good funds saved up and looking into private lending.  I appreciate any thoughts on how to get it going?

Thanks,

Stan

Post: Private lending

Stanley NguyenPosted
  • Rental Property Investor
  • San Jose, CA
  • Posts 78
  • Votes 23

@Joel Owens could you help me understand a bit more on what you meant by buying notes or triple net leasing?