All Forum Posts by: Ankit Duggal

@Account Closed thanks for the insights.

@Brian R. Based on Tiffany insights, you can see that $50k investments are in high risk neighborhoods. So could you find $50k investment in risky neighborhoods sure. Here are some cities in NJ that have single families under $50k:

Trenton, Camden, Salem, Ewing, Jackson, Newark.

I hope that helps

@Brian R. The asset you can purchase for $50k; how relatively risky are the neighborhoods?

In terms of investing far away, you need two very good property management firms that you can rely on and a local realtor who can pay to be an asset manager on a quarterly basis. So if you can build out that team and you can monitor the market demand- supply trends fairly well then investing out of your area is not as big of an issue.

@Eugene Rey I invest in NNN anchored small retail strip center investments in New Jersey myself. Do you want to directly own the strip mall outright or lever it?

@Joel Owens I would be interested in getting more information on the retail strip malls that you have.

@Brian R. Welcome to BP. The first question that I would love to ask is what are the dynamics that you believe make Rochester a viable market. To dig deeper, what are the return-risk hurdles you are seeking? Purchase Price/Equity investment targets?

Here are the clubs in Northern and Central NJ that I am aware of:

1) Tri-State Mixer

2) NJRESN

3) MREIA

4) GSREIA

5) NJRECLUB

Hope that helps

@David Mora As Jerry stated that CA conducts tax deeds more than liens. In terms of capital commitment, that will depend on what you are going after i.e. improved land v. vacant land; and where you are going to buy i.e. urban v. suburban market. The best advice I can give in relation to your question is develop an investment strategy and that will help you define your target capital needs and goals.

@Jerry K. thank you for sharing the spreadsheet as it a very useful tool.

Here you go: http://www.linkedin.com/pub/michael-pellegrino/16/935/63b

@Runar S. Thanks for the listen. Investors typically like to a see a well rounded investment manager and you do not need any certificate exams or degrees necessarily to do it as can be noted by the many successful syndicators. If you still want to get a degree then I would recommend an MBA with a focus in real estate and/or a CAIA.

@Serge S. Thanks for listening. So my transition is still in progress from rentals to tax liens. I sold a large pool of my rental portfolio in 2012 and 2013 and I still have a small multifamily rental portfolio that my property management team handles. The firm has purchased more NNN assets as we are a vertically integrated business so we have brokerage, property management and investment management in-house.

I would be glad to share more. Just ask me what else you would like to know.

@Ceasar Blackman I am not a big fan of vacant land for tax lien investments but you can do so especially if the vacant land is in a development of some kind.