All Forum Posts by: Andy Wu

@Craig Jones check out @Daniel Cardona. I have been working with Daniel and his team for the past few years. They are very knowledgeable on investment homes, pretty much a one stop shop. They can handle anywhere from Acquired, Rehab, Managed and Disposition. Good luck!

Best,

Andy Wu

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Check out @Daniel Cardona, have been working with his team for the last few years. Good luck :)

Best,

Andy Wu

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I am in the process of starting a real estate fund with a partner, we are planning to purchase distress homes and build a rental portfolio. The fund life life-cycle is around 2-3 years, and the exit strategy is to planning to sell the portfolio to a REIT or any aggregate real estate investor or even possibly small PE shop. I am having a really hard time raising capital. Any help would be appreciated.

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Originally posted by @Account Closed:

Full disclosure, I work for HomeUnion...if you do a search on here, you'll find some feedback about our company, but to be honest, most of our clients aren't on BiggerPockets so you won't find a lot of accurate or up to date information.

That being said, this is a great forum and there are a lot of really smart investors on here.

-S

Do you guys purchase portfolios? I have a approx (80) properties portfolio on the market, please let me know if I can get in touch of your acquisition team.

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@Alex Vela @Jeff Rabinowitz Thanks !

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I am planning to take the GA Real Estate exam to become a licensed agent. I am planning to use http://24by7onlineschool.com/sales-prelicense/ wondering if anyone have exp with them and how hard is the exam?

Andy Wu

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Originally posted by @Michael Lee:

Originally posted by @Andy Wu:

Age: 25

Location: Atlanta, GA

Education: BBA-Finance (Georgia State University Class 2013)

Career Background: Currently working as a Sr. Analyst for a Real Estate Private Equity Firm. Prior to my current position, I worked (4yrs @ Siemens) in various areas of Corp Finance, Operations and Project Management.

I would like to start investing in real estate and build me wealth & passive income. Like most of young professionals, I've been paying off student loan and maxing out my 401k & IRA account, really don't have much cash sitting around. However, I can possibly wait another year or so to stack up my cash. But I would like to get into it now, is there a way I can start investing in real estate with little cash or no cash at all?

Hello and welcome! You can get along with an owner financed deal. Just be open and honest about your situation. Otherwise, you will have to save more. I am 59 years old and I was born and raised in Dallas. I have been in the construction business since I was 17. I graduated from college and got my broker license in1980. If you think I could be any help to you, please do not hesitate to contact me. Good luck!

Thanks Michael, I will effeminately reach out to one in the future.

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@Kyle Farrah you can create a module in excel. Figure out the relevant information you need and go from there. One of the benefits you'l have is to link that information to your financials. There are several ways of doing so, if you have a newer version of MS office, you can build dashboards and charts to track your history.

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@Dustin Fisher depends how much interest you're paying and what other opportunities you have. Let's say you're paying 5% on your current loan and you believe you can make 7% on a new deal. Then, execute the deal. Vice versa.... Take some time create few models base on your scenarios and see what kind of output you're getting.

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@Willie Morales, then you'll def need a pro forma.... make sure you figure out the caprate in the area and the economical growth in the area.

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All Forum Posts by: Andy Wu

Andy Wu has started 8 posts and replied 31 times.

Post: First deal

Post: Realtor familiar with Metro Atlanta

Post: Starting a Real Estate Fund (Need Help Raising Capital)

Post: Homeunion

Post: How hard is the GA RE exam?

Post: How hard is the GA RE exam?

Post: Young professional trying to figure out where to start ?

Post: Property Management Software for Only a Few Properties

Post: Equity or Capital

Post: presentation