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All Forum Posts by: Terry Hershberger

Terry Hershberger has started 2 posts and replied 217 times.

Post: 1st investment: Investing outside of the state you reside in

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

Hi Michael, I self manage all my rental investments. 

Post: Looking for advice on lenders

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

@Justin Frye, if the deal is good enough, you will find the money. I would look at a Hard Money Lender or team up with  a more seasoned investor that has the money.

Happy Investing!

Post: Neighborhood grading for out of State investors.

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

@Aimee Sowards-Mounts, I emailed you,

Post: Neighborhood grading for out of State investors.

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

@James Wise, very nicely done!

Post: Neighborhood grading for out of State investors.

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

@Aimee Sowards-Mounts, I currently invest in Ohio and am interested in Columbus!

Post: International Investor - Advice on the best way to find deals

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

Welcome to BP Laura Entwistle. Wholesaling is probably one of the toughest places to start! Also, it will be very hard to Wholesale a deal off the MLS because everyone has access to realtors and the MLS. Most Wholesalers find their deals elsewhere, like private mail campaigns, driving for dollars, bandit signs, etc.

Happy Investing!

Post: LLC

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

It is very easy to set up but not necessary to buy a rental. Some people use LLC's to hold rentals and some hold just in their name. Depends on your personal preference.

Post: Investor Property Portfolio ROIs

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

@Brandon Schlichter , we average around 30% ROI in SE Ohio.

Post: Manufactured Home on Full Basement...Drawbacks?

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

Less financing is available yo end-buyer. Make great rentals.

Post: Out of state cash flow investing the do's and don'ts

Terry Hershberger
Posted
  • Investor
  • Nipomo, CA
  • Posts 227
  • Votes 76

@Jay Hinrichs email sent. thanks!