Retired NFL Player 2x SB Champ

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Developer · New York City, NY · Member since 2015 · 812 posts · 718 votes
1y
Quote from @Spencer Ware:

Looking to start expanding portfolio.  Would like to be more hands off as well. Seeking connections, advice, deals. Thanks 

Be careful about what you post here.  The vultures are coming out already.  My one suggestion: do not conduct business with anyone (here or anywhere) without having your lawyer and maybe even your CPA reviewing all the paperwork.

Also, stay far away from LPs. You can lose your shirt... Just look at how many LPs are pausing distributions now.  Connect with a local real estate agent and run the numbers.  Factor 8%-10% for a reliable property manager (use AllPropertyManagement.com).

After that, you're golden.

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  • Real Estate Investor · Memphis, TN · Member since 2016 · 409 posts · 134 votes
    1y
    Quote from @Spencer Ware:

    Looking to start expanding portfolio.  Would like to be more hands off as well. Seeking connections, advice, deals. Thanks 


     Biggest question; What does your idea portfolio look like? Multi-state diversified portfolio (Single family, Small multifamily 10 units or less) Multi-state consolidated portfolio (all single family or all small multi or large multifamily and/or commercial)?

    I know a guy that may be worth speaking with, he is a prior NFL guy thats doing really well in Nashville. Im been working on a deal with him (new construction) for while now, thats another story for another day. He may be a good resource and connection. 

    Im looking to break into the Cinncinatti market, i would be glad to send deals as I get them. 

  • Nashville, TN · Member since 2025 · 10 posts · 4 votes
    1y
    Spencer, if you’re ever open to checking out Nashville, I’m working with Horizon, an official Airbnb-partner community built for STRs. We can even comp a 2-night stay since you’re out of state so you can see what it’s like to own an official Airbnb unit here. Happy to share details if you’re interested!
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