All Forum Posts by: Tristan Romero

Looking for investor friendly agents in Sioux falls South Dakota. 

DM to set up a call.

Thank You!

My client is looking to purchase mixed use property in the Sioux Falls. He is an experienced investor with existing rental properties in the area. Please reach out only if you have experience in the mixed use property space. Thank you in advance!

Hi Matthew,

I am located in Roseville CA which is just north of Sacramento. I run a MTR out of my primary bedroom and would be happy to connect and chat about your plans and what my experiences have been. 

Best,

Tristan

Hey Ziyad,

Just like @Ruchit Patel said everything depends on your goals current and future. Make those two clear and then move forward with picking a market that compliments that goal. Sacramento's small/medium multifamily is in my opinion a hybrid market for cash flow and appreciation. With rates being north of 7% it's going to be pretty tricky to find anything that will cash flow. Sacramento and all surrounding areas are continuing to grow rapidly so higher appreciation is not guaranteed but is almost one. I hope this provides some insight for you. Feel free to reach out anytime I would be more than happy to answer any questions you may have. 

Hi Erik,

I am a local Realtor and some of my colleagues have rental properties in Sacramento you may be interested. What type of housing are you looking for? I'll also ask around about an agency with colleagues too.  

Welcome to the Community Brian!

I am currently house hacking my first investment property and so far it has been a blast. Feel free to reach out anytime once you start your first house hack. Best of luck to you on your investing journey. 

Quote from @Ray Hauge:

Quote from @Tristan Romero:

Hi Ray,

I would say to diversify your investment portfolio, maintain adequate cash reserves, use conservative leverage ratios as @Brett Deas said , and conduct thorough market research to avoid trouble when the real estate market goes down.

 what would you say is typically a good ratio to go for ?

Technically any ratio above a .50 is considered conservative. Everyone is going to have their own number so mine will be different from yours. I am 22 years old so I invest a little more over leveraged than maybe someone in their 50's might. It all comes down to what you feel comfortable with.

Hi Ray,

I would say to diversify your investment portfolio, maintain adequate cash reserves, use conservative leverage ratios as @Brett Deas said , and conduct thorough market research to avoid trouble when the real estate market goes down.

Congratulations Cody! Sounds like it definitely took a lot of work but was worth it. What was your biggest challenge when you assumed the loan? 

Hey Mike,

Welcome to the best community ever! Just keep listening to the Podcasts and ask away in the forums. I have learned so much from this community I hope you are able to do the same! My suggestion for you would be to Educate, educate, educate, then take massive action. 

Best of Luck! Feel free to always reach out.