All Forum Posts by: Steve Kehoe

Alexander, I got notice of the distribution but no details like you have.  How did you get those details?

I have not received the first quarter distribution on the ODC Fund 2 for mobile home parks.  Has anyone else received a distribution?

6 units of 1800 square feet each.  Industrial space in excellent location.  The unit I am interested in has a tenant with a six year lease at 1800 a month  a 3% escalator.  My concern is the other units are often vacant which will hurt the association.

What is a good price for the unit considering the risk of other unit vacancy?

My business occupies one of six units in an industrial building that may go condo.  How do I decide how much to offer for the unit?  What is an appropriate cap rate?  Vacancy can be an issue in other units but not in the unit I would buy.

My Facebook budget is based on the cost of a conversion.  As long as the cost is below $30 I increase my budget.  Over the last two weeks our traffic has fallen by more than half and my cost per conversion has doubled.

I know my competitors have pulled back because my cost per 1000 impressions has fallen from $10 to$6.50 however that lower cost per impression has not resulted in more sales.  No amount of Facebook advertising is resulting in sales right now.

Good advice on creating an llc with me as the majority member.

I have two daughters in their 20s who have just graduated from college.  I offered to put up a down payment on a house hack.  They have to landlord, pay maintenance, and we split profit when they sell.  I want this to be a business transaction - not a gift.  How is this usually structured.  I want a hard nosed business deal.  They don't know they will have a big inheritance and I want them to learn from this.

I joined Bigger Pockets with the same goal - to learn how to invest in syndicates.  Suggest you read this book: Investing in Real Estate Private Equity: An Insider's Guide by Sean Cook.  

He educates you on how to evaluate a deal, choose a sponsor and control the risk.  He takes  a portfolio management perspective.  

Hello,

I am a small business owner in Cary, North Carolina.  My wife and I operate an internet based printing company.  We want to begin investing in real estate with a highly experienced partner or syndicator.  

I believe I can analyze a deal but have no idea how to vet a syndicator to determine if they have the means and experience to manage the property.  I hope to learn this through participating in BiggerPockets.