All Forum Posts by: Angelo Behar

 Would you mind sharing the name of the property management company? 

Hi Edward, as a relatively new property investor myself, if I were to ask this question to you, your response would definitely provide me insight to your capabilities.

I think you would have to show an intimate knowledge of the area, bring research reports, data that you've collected. Resources are crucial, if you are knowledgeable about a given area, show your strength in data collection.  Books that you've read, and that you're supported by other experienced investors. 

There is plenty of people out there that have lots of experience, but lack success, so to me its not the end-all be-all. Experience combined with knowledge and success has to have a beginning, so being knowledgeable and well researched will put you on the right path. 

 Check out the code to the loan safe. Its awesome blog that explains everything you'll need.

Once again, you have made me laugh out loud, literally. Not fun to go through, but a funny tale after the fact. Kind of like when I had a knife pulled on me by a crazy ex girlfriend, she was awesome. She wasn't pleased about breaking up...and then, boom, crazed girl running at me with a knife. 

My brother did get shot at by a tenant he had to evict. They shot at him as he was leaving with a .22, the bullet went through two rows of head rests and got stuck in his head rest, thank god for third row seating....my brother has never gone to another property to evict, he pays the police $75 to serve the notice. It's a C+ neighborhood miles from the beach. Sometimes you just never know.

@Dineo Siziba Private lenders are great, but you still have to bring something to the table, whether its cash, experience, great deals that you can show will do well given your track history. 

Conventional loans can be a bit more straightforward and usually have slightly better interest rates. But the conventional banks are very standardized and have a set process in order to sell the mortgage later on. 

@Dineo Siziba Hi Dineo, and Happy New Year to you too! I visited South Africa and loved it! I went great white shark diving in Gaansbai a few years ago, it was one of the most amazing trips I've ever been on.

This may be a silly question, but have you spoken with Standard Bank of South Africa? Or any national banks in JoBerg?

@Pam Schuster Definitely get a copy of @Jay Hinrichs 

book, very helpful when considering out of state REI

@Pam Schuster Very interesting topic with lots of opinions! Think about the level of involvement you want in Real Estate, then weigh the options. Here are links to some subject matter experts, the pros and cons detailed by each. Enjoy :)

Something to think about

Nice overview

Downsides to Turnkey investing

Upsides to Turnkey investing

@Jason Young and sorry for hijacking your thread! 

Hmm...very good point. That's why I follow you on BiggerPockets. Unfortunately, I don't think that will be the case for me since I have so much less experience than you, plus my W-2, since I'm a contractor, reflects only a 1/3 of what I take home since I am tax free (330 days overseas a year) and the majority of my income, the rest of the 2/3 is not taxable so it doesn't appear on my W-2.