All Forum Posts by: Travis Hill

With the new year, let's get together and talk about real estate investing! This is the first meetup of the year. New or experienced investors or real estate professionals in any capacity are welcome. 

@Brian Beck LOTS of solid advice for sure as I scroll through the comments. I will share mine as well. With any investment there is YOUR risk tolerance. Each person has their own level. Each investment pings that tolerance. Here are options available for your review:

-With the HELOC there is a method called 'debt arbitrage.' The money from the HELOC is used to purchase something greater than the payment of the HELOC. The difference between those two numbers (the delta) is yours to reinvest. HELOC is 3% Investment 10%, you keep the difference.

-Private lending. You get to set the percent of return and the duration. First position as a guarantee. Monthly payments or capital and interest at the end. Points if you desire.

-Syndication. Large MF invested as a Limited Partner with a set return for typically a 5 year hold. 

-Buying a portfolio of properties with property management in place. 

In the end, be comfortable with your choice from the numbers you run (underwriting) and the risk tolerance you have. 

our next meetup will be in January! Thanks for the interest

@Jacob Mitchell as a recovering Great Recession-er, I lost all my properties because I was over leveraged. I had 80% LTV in all six of my properties that I would house hack, refi, rinse, and repeat. I was living in Vegas and that market took a huge hit. In retrospect I thought I had enough reserves (a year was not enough). Prices fell so did rent. Presently, I have two years of reserve and keep more equity in each property usually 30-40%. This gives me meat on the bone and learning from history.

@Spencer Krautkramer I invest in Milwaukee and would be happy to help you figure that out. I have a specific area that I invest in. 

we are two days away from our local meetup! excited to welcome new members and network. Spread the word and lets get to connecting. 

I enjoy investing in Cleveland. Lot's of great opportunities. 

https://www.linkedin.com/in/br... is a commerical insurance agent I highly recommend. 

I am more interested in keeping my tenants in the home. Like, @Nate Sanow stated, I like a renewed year lease. I typcially add a percent of rent every 2 years. Of course this is based on market conditions. 

Come and network with other investors, agents, lenders, and brokers. New or experienced people in the real estate or financing space are welcome. We look forward to seeing you.