All Forum Posts by: Adam Adams

Donald Torrence I use private Lenders and/or owner financing for cheaper property. Currently have 7 properties with non-traditional financing. Let me know if you have any questions.

If anyone wants to go in on this deal with me as 50/50 partners, I'll let you pay the 120k and we'll each own a Quarter!!

Wishing you the best success with your BRRRR strategy! Thanks for the post.

Great post! Very well said.

Nicholas Pelham-Clarke I am moving more and more from flips to Apartments, and would like to network with you or just have lunch. Also, congrats on building all that capital up! Adams Adams Denver Metro Area

I am willing to say I really don't think the 1031 is going away. I don't know it for sure but I would be crazy surprised it it did.

I believe that cost Seg is a no brainer if you plan to own it between 4 and 20 years, if the asset is valued above 400k, and if you like saving lots of money on taxes.

Jillian Sidoti we are going to need your services very soon. I hope I still have your contact info (can't believe it's been a year)!

Here is one thing you didn't bring up: when partnering it also minimizes your risk. And not by half, it's actually exponential. Other thoughts, are that you build up a track record of number of doors faster by partnering, partially because you can qualify for 2-3 times the size/price and partially because you can find deals faster. However to look at what you're already doing... maybe you just keep buying them alone. I'll tell you my strategy: I am going to buy apartments with partners for the next few years and then break off in my own for most deals. Most of that is because I couldn't qualify alone... so hey, we do what's best for us and I believe partnering is a great place for me right now. Hope you make the best decision for you! Adam Adams

Find a real estate agent in the vicinity of the properties you're looking at. I have several agents/brokers because some stay in a specific area. You're not tied to one agent! Good luck! Adam Adams