Scranton, PA · Member since 2016 · 201 posts · 44 votes
10y
I have experience in overseas investors and want to return to serving that market.
We found that residential rental units as well as commercial were the 2 best ways for them to make money and understand the opportunity. Things like tax sales and mobile homes...didn't translate as well.
My local market (Scranton PA) is a good one, because i can generate 15-22% cap rates in my sleep, allowing me to split profits with them and therefore do no-fee investing. Depends on market, but sometimes a JV like this works well.
Hotels and large scale commercial, of course, but I'm limited in that area.
Open to teaming up with anyone that wants to explore international investors or lenders.