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All Forum Posts by: Yonatan Doron

Yonatan Doron has started 1 posts and replied 9 times.

@Nathan Gesner Yeah I totally agree with your approach and I would of course prefer a more passive approach. I just wonder and not so sure yet how passive I would like to be with my upcoming investments. I am also not a UX citizen nor am I a property manager in the US or a broker. My "center of life" is in Israel and my professional life involves developing technology. 

@Nathan Gesner
I see that is interesting thank you for sharing. Would you prefer to buy less properties for around $80-120k to hopefully be less active with handling all kinds of "surprises" , for maybe a bit lower yield? Or is it that in your case your already very hands on and active so you don't mind?

Me for example I am a Web Developer in my day to day work and I enjoy it, I would not want to change my profession and be too active so I am wondering what would be the best route for me...

@Nathan Gesner I would love it if you could elaborate on the tolerance element in the example you gave a $50k property in Cleveland. What kind of tenant are we talking about the one that every 2-3 weeks break something and a high vacancy rate? what would be an average eviction amount happening in such property(if it can be calculated)?

@Nick Giulioni Hey man, thank you kindly for the invitation I would love to stay in touch, talk and share knowledge. I honestly do not know much about the Memphis area and would love to learn more.

@Zack Brent Thank you for the goodwill and invitation I would definitely love to stay in touch and learn from your experience and knowledge.

@Chris Coleman What would be the minimum for a proper cash flowing B class property?

Originally posted by @Nick Giulioni:

ABSOLUTELY. What are your goals?

 Hey Nick, my goal is to start my first step in this journey. Start with this amount of capital and every year-2 put in some more to buy more properties to eventually get some proper cash flow.

I would be thrilled to generate about $5,000 monthly cash flow from various properties this is my current goal.

I am honestly not so sure exactly how the turn key model would work and if it would be good for me. Or maybe there's other options that might be better. Glad to learn.

Amazing thank you Nathan for the wonderful reply.

Would it necessarily be a C class property, or is it possible to get a B class as well with that amount of capital, from your experience?

Partnership is something I definitely had in mind - of course the challenges are finding people you can trust and that actually deliver.

Pooling Resources is a very interesting approach as well, challenges I guess are the same to find people you can trust and that would actually be team players and help make it happen.

Syndication Deal - I actually have heard the term a couple of times but not really sure what it means if you care to elaborate that would be great.

When you say 20-25% down, you mean that the rest is paid by some kind of landing - private/corporate ? (I am not a US citizen so I wonder if that would change your answer or not)

And thank you kindly for sharing the information.

I would love to learn from this wonderful community and other people's experiences whether it is possible nowadays to start with a first proper property with $25-50k. Would it be possible to get a property that is not of the worse class and without a large % vacancy rate and in a reasonable neighborhood that it would be safe to walk even at night?