All Forum Posts by: Zach Winner

Hi @Nabil Suleiman. Thank you for the kind words! Hope to see you at the meetup.

This meet-up is open to investors of all experience levels interested in commercial and multifamily real estate investing.

Whether you currently own commercial real estate, or you are looking to advance from rental homes to commercial and multifamily real estate investing, or you are new to real estate investing and are interested in learning about commercial real estate, you are invited to attend our meet-up.

A few of the benefits of our meetings include:

Meeting and connecting with like-minded commercial real estate investors

Sharing strategies to increase net worth and cash flow

Learning about “off market” investment opportunities

Meeting potential partners for commercial real estate opportunities

Identifying some of the best markets for commercial real estate

Learning about how to make passive income through commercial real estate

Discovering opportunities to use Self Directed IRA retirement funds to invest in commercial real estate

Finding out about the new real estate investor-friendly tax laws

Passive Income Through Commercial Real Estate Meetup Group

Investment Opportunity:

Class B 24-unit apartment complex in the heart of Pinal County, Arizona, rated by CNN Money as the second fastest growing county in the United States. With a lack of rental housing in the county, and increasing demand, and occupancy rates at or near 100% throughout the county, this investment opportunity is poised to fully capitalize on this emerging market.

We are partnering with accredited investors who are interested in strong ongoing cash flow and a very good overall profit. 

Photos and additional information can be found at: http://cornerstoneinvestments.org/16/listing

If you are interested in learning more, please contact me at [email protected].

I invested in my first Ohio Cashflow property almost one year ago. Since the beginning, Engelo and his team have always kept me up to date on relevant information such as rehab and tenants. As with all investments, there will always be things that come up along the way, But the team at Ohio Cashflow always goes above and beyond to make it as passive for me as possible.

Wholesale Flip Opportunity $1.159M

Sherman Oaks – South of Ventura Blvd.

This is a great opportunity to purchase a cosmetic fixer in the highly sought-after Royal Woods community, South of Ventura Blvd. in Sherman Oaks at $1.159M, a price Significantly Below Market.

After rehab value is estimated to be $1.64M and estimated profits on this flip are approximately $301K!

After Rehab Value: $1.64M

Purchase Price: $1.159M

Repairs: $150K

Est. Closing Costs: $24.5K

Appraisal: $500

Inspection: $500

Insurance: $300

Utilities: $750

Property Tax: $3,450

Est. Profit $301,000

If interested, please contact me via Bigger Pockets, or call me:

818-620-0578

Thanks @Edward B. for the very helpful response. The maximum percentage of net for any single LLC is a new wrinkle that makes a lot of sense.

@Edward 

@Edward B. and @Jeffrey Gignac, I am a little further along in building an investment portfolio than @Kory Lutes, but have a similar question. 

I've got 5 SFR investment properties, and am looking to add 12-15 units (in 2 to 4 unit properties) this year. I formed an LLC, but only have one of my investment properties in it (transferred to it after the close, with no due on sale issues).

The question I have is do you think I am at the point where:

1. I should continue to maintain the LLC and transfer all the properties to it, (and continue to pay the annual fees associated with keeping the LLC);

2. I should get an umbrella policy for added liability protection, and don't really need the LLC; or,

3. I should transfer all properties to the LLC and take out an umbrella policy that covers all units?

I understand you're not attorneys, and aren't giving legal advice. Just trying to get some advice from more experienced investors.

Thanks very much!

Zach

@Jeff Greenberg

 and @Jon Huber

 Thank you both for coordinating. I am planning on attending.

Hi Andrew,

Great video. You do really nice work on your flips!

Zach

@Fernando Corrado  I live near that home. Some developer bought that site and tried to develop that McMansion there several years ago, but ran out of money. They tried to sell it in its current uncompleted state for years. In December of last year it went to foreclosure auction, and, as you correctly noted, someone picked it up for $1.1M. That part of Hayvenhurst, as you probably know, is a main roadway for commuters, so location is not ideal for homes in that price range. But, assuming the new owners are wise in how the do the rehab, they should be able to flip it for a profit.