29 May 2021 | 2 replies
If you had spent a dozen years in property management, and are now looking to buy, I might invest with you.If you had wealthy family friends and hooked up with a very experienced operator, I might invest with you.If you had educated yourself and happened upon the killer deal, I might invest with you.If you are scrambling in the dark with no experience or capital, why would I invest with you?
1 June 2021 | 4 replies
Originally posted by @Dmitriy Fomichenko:@Marcus AuerbachHere is a comprehensive list of lenders offering non-recourse loans to retirement account holders:https://www.biggerpockets.com/...Thanks Dmitriy - that is an awesome list and it also answers my question as to how much down payment is needed: unfortunatly it will probably be 40% plus operating reserves.So I can either buy a cheaper building, under 250k, which is not my preference.
29 May 2021 | 2 replies
I am a principal in a small family business that owns GP interest in 800+ affordable units (tax credit financed) in CA, AZ, NV operating for 15+ years.
2 June 2021 | 10 replies
If your municipalities haven't landed on legal parameters yet, then it's something you'll need to pay close attention to, and always have a few backup plans if the laws change and you can't operate as a STR anymore.How much do you think a first time young person who has never bought a home would need to save for a decent property return investment?
22 June 2021 | 14 replies
I think college students will start to become more picky and will want more space, nicer amenities and nicer housing (especially if mom and dad are paying for it).If you are an operator that provides a superior service and product, I think you will be fine.
29 May 2021 | 0 replies
Would love to know how an experienced long distance investor operates.
2 June 2021 | 1 reply
I would be interested in hearing more about other student rental markets and individuals experiences operating before and during COVID.If you would be interested in talking more, comment below or describe your favourite Ontario student rental market and why?
29 May 2021 | 0 replies
Packer Wilber.They have been operating for 45 years with tons of exits!!!!
31 May 2021 | 5 replies
This is why even though our wholesale operation do 7 figures, I stack up as many rentals as I can because that’s the only thing that will last when I decide to slow down.
2 June 2021 | 6 replies
I have at least one lender and one agent, but would like to fortify those positions with other reliable sources as well to round out the Core 4.