All Forum Posts by: Aaron Peterson
Aaron Peterson has started 15 posts and replied 39 times.
Post: In need of more investment capital
- Investor
- Akron, OH
- Posts 39
- Votes 15
@Peter T. By asking, I guess. Lol
Post: In need of more investment capital
- Investor
- Akron, OH
- Posts 39
- Votes 15
@Jared Lichtin sure! Send me a message and let me know what you’re thinking.
Post: In need of more investment capital
- Investor
- Akron, OH
- Posts 39
- Votes 15
Originally posted by @Igor T.:
Originally posted by @Aaron Peterson:
After 15+ years of investing part-time, I just finished my 5th flip and closed on my 11th long term hold rental property. My ROI numbers on the rentals are super solid. I'm in need of more investors or hard money. Any suggestions? I'm in NE Ohio.
Opportunity Zone funds.
Tax benefits are great from those but can you expound?
Post: In need of more investment capital
- Investor
- Akron, OH
- Posts 39
- Votes 15
Originally posted by @Jad Boudiab:
Originally posted by @Aaron Peterson:
After 15+ years of investing part-time, I just finished my 5th flip and closed on my 11th long term hold rental property. My ROI numbers on the rentals are super solid. I'm in need of more investors or hard money. Any suggestions? I'm in NE Ohio.
Lack of capital, not a bad problem to have.
It sounds like you're doing well, you may need to give more details but BP is a great place to start networking and potentially raising private money.
- What more details do you have on your operation, returns, niche?
- Why should someone invest with you?
- Are you in the Cleveland market, Akron / Canton market, another market?
- How long would an investor expect to have their money tied up for while working with you on a deal?
- Are the funds going towards flipping, or buying long-term rentals?
I personally don't like being tied down to hard money; short term capital and high interest rates. Building relationships and raising private money is the way to go.
Thanks Jad, great questions! Private money is definitely what I'm looking for. I'll be using it for more buy and holds. As I've worked very hard to build pipelines to secure deals, there are so many opportunities that I would be open to hard money for the mean time. But private money is best obviously. I'm buying in the Akron area only. I pay my current investors 6-8% (20 year note) whether their secured asset is vacant or not. The rest of the details I'm happy to share with anyone interested in forming an investing relationship. creds - aaroninohio.com
Post: In need of more investment capital
- Investor
- Akron, OH
- Posts 39
- Votes 15
After 15+ years of investing part-time, I just finished my 5th flip and closed on my 11th long term hold rental property. My ROI numbers on the rentals are super solid. I'm in need of more investors or hard money. Any suggestions? I'm in NE Ohio.
Post: sending out invoices
- Investor
- Akron, OH
- Posts 39
- Votes 15
clarification.....paper invoices through snail mail. (I've got some not so techy tenants)
Post: sending out invoices
- Investor
- Akron, OH
- Posts 39
- Votes 15
@Justin Tahilramani I use the desktop version of QuickBooks. Not sure if I have that option. I’ll check. Thanks!
Post: sending out invoices
- Investor
- Akron, OH
- Posts 39
- Votes 15
Can anyone recommend a service that will automatically send out invoices to tenants each month?
I’m sending out about 2000 letters (just one piece of paper inside). Should I put return labels on them?
I’m sending out about 2000 letters (just one piece of paper inside). Should I put return labels on them? Also, any advice on the cheapest form of postage?