All Forum Posts by: Tony Xu

 Hi Ben!

I am also interested in investing in the Denver / Colorado Springs area and am wondering if you could send over those 6 different case studies to me as well! Thank you!

Hi,

I'm trying to close on a property that's around 600k. It will be a mixed use multi, 6 residential, 3 commercial units. 

I have only done SFR before and not sure what type of loan works best for this. It looks like commercial loans are for loans of at least 500k? We can do 25%, so we would need a loan for 450. Any advice here would be great!

Thanks,

Tony

I personally use a manual investment. But I do agree it's not great. @Kurt Granroth have you tried their retirement calculator? I'm also not sure how to simulate syndications using that. 

And thanks everyone for the responses! @Chris Grenzig I guess I hadn't thought of the fact that because its a lower priced asset, its less worth it for syndicators to do these types of syndication deals. 

Sorry if I wasn't clear before, I know the basics of the SEC rules because I have invested in a multifamily syndication before. I am just looking to diversify and find something in the mobile home park space as well. 

Hi, has anyone here invested with or can refer any good options for mobile home park syndications for non accredited investors? I've been interested in getting in to this space. 

Thanks,

Tony

Done! When can we expect to see survey results?

Hi @Julia Shevchenko

There was a post recently started by @Trevor Lohman and we actually started an accountability group. We have quite a few members based out of CA. 

https://www.biggerpockets.com/forums/311/topics/49...

That was the original post, if interested, feel free to pm me and I could send you an invite! 

Welcome to Bigger Pockets! Are you looking to invest in the US or locally?

@Courtney Aseltine

I'm in a similar situation as you because I live in SF and the prices here are insane. I currently invest OOS (In Cleveland).

I think the first step you want to do is to find a market. I recently read the book "Emerging Real Estate Markets: How to Find and Profit from Up-and-Coming Areas" which was recommended by a podcast, forgot which one, that could be a good start. The things I look for are job growth, population growth, etc. I also follow a lot of the big contributors here on BP, and a lot of times they post on why they are investing in certain markets, etc.

Then you need to decide how you want to get your deals done. The easiest way would be through a turn key company, but you have to be very careful in vetting the companies as a lot of them do sell above market price and pro formas are usually exaggerated and leaves out a lot of different expenses. How I'm doing it is through a partner that's my boots on the ground, mostly just networking from BP, and at local real estate events. The other way to do it is to build your own team, so agent, PM etc. 

Hopefully this helps! PM me if you have any more questions.