All Forum Posts by: Anders Varner

Hey Anders, As an investor-friendly agent here in Columbus, Ohio, I spend most of my time finding off-market deals and conducting deep dives to cater to my investors. I find more value in doing that rather than driving around and showing properties to my clients. It depends on the agent's capacity.

I usually connect my investors with my contractor or inspector to walk through the property so that everything can be sorted out in one go, or I have my clients make an offer subject to a walkthrough, allowing us to get the ball rolling. Let me know how I can help!

Awesome. Much appreciated. After a few conversations, I think the syndication/ JV model where I am more hands off is the route I will be going. I very much appreciate the connection and your insights.

1 Vote

Quote from @Matthew Gentile:

Quote from @Anders Varner:

@Matthew Gentile what is best way to potentially connect with your syndication team? I am interested in having these conversations and learning more. Much appreciated.

Send me a DM and I'll make an introduction.

Will do. Thank you

0 Votes

Quote from @Francis Faucher:

Quote from @Anders Varner:

Good Morning Team,

I currently own 2 investment properties.

I want to start buying more. With the goal being quarterly.

Currently own my primary residence and 2 investment properties are a beach condo (short term) and single family home (long term rental).

The problem is I run a successful business and have no time to do the research in new markets, deal flow, upgrades, making sure cashflow, property management, etc.

I am also not a real estate professional. I don't have time to cold call, find off market listings, growing markets, run numbers, etc.

If it isn't on zillow, I do not know about it.

Luckily, the financial side of things is not an issue and I am very willing to put capital to work.

Here is my ideal scenario (not sure if this even exists but I'll try):

- Investor friendly agent that can send deal flow

- Likes numbers so I can make better decisions

- Can help with upgrades and getting properties ready for renters

- If full BRRRR property, manage that rehab project.

- Can help finding, or being, the property manager.

Time and expertise are my largest constraints.

Capital and motivation to put that capital to work and my best assets for this specific scenario.

This can be a great relationship leading to dozens of deals if we do it right.

However, I do not know where to go.

Please help.

Welcome to BP Anders,

To be honest, you should invest in syndication deals or real estate funds. I assume you are an accredited investors, but most funds accepts non-accredited investors. One thing is for sure, you should not operate. Why ? It's simple. You already have a successful business and you should put your energy towards it and look for ways to grow/scale that business. Doing differently would be an opportunity cost.

General partners of real estate funds are usually people who has a solid track record, able to provide the tax benefits, LT equity and cash flow you talked about. You would be a limited partner, therefore you would not be part of the day-to-day of the projects.

Most of the funds have a structure with pref rates and good performance split. That means that you might get a really good return (tax benefits, LT Equity and cash flow) on your investment.

You said it yourself, you are not a real estate professional, don't time to look for deal, do the rehab, but you have capital. That's what I think you should do.

Hopefully that helps!

Francis

Thank you. The syndication and JV model is where I have been putting my attention with some of the feedback coming from this post. Appreciate your thoughts here

0 Votes

@Matthew Gentile what is best way to potentially connect with your syndication team? I am interested in having these conversations and learning more. Much appreciated.

0 Votes

@Francis Faucher and @Matthew Gentile Thank you both.

As I continue to research the syndicate or JV models where I do not have to be involved the day to day operations and decisions seem most aligned.

Matthew, appreciate the potential referral for accountants. I have had mine for over a decade but having someone that understands real estate deals specifically could be of interest as I begin to take the next steps.

Thank you both.

0 Votes

I am open to anything.

My highest level goals, in order:
1. Tax benefits
2. Long term equity
3. Cash Flow

This likely aligns most with long term or mid term rentals.

I am indifferent to cash flow difference of 200/ month and 500/month, however, I do not want to be in a place chasing long term equity while being negative cash flow.

For tax purposes, if I broke even at the end of the year, I would consider it a win.

0 Votes

Good Morning Team,

I currently own 2 investment properties.

I want to start buying more. With the goal being quarterly.

Currently own my primary residence and 2 investment properties are a beach condo (short term) and single family home (long term rental).

The problem is I run a successful business and have no time to do the research in new markets, deal flow, upgrades, making sure cashflow, property management, etc.

I am also not a real estate professional. I don't have time to cold call, find off market listings, growing markets, run numbers, etc.

If it isn't on zillow, I do not know about it.

Luckily, the financial side of things is not an issue and I am very willing to put capital to work.

Here is my ideal scenario (not sure if this even exists but I'll try):

- Investor friendly agent that can send deal flow

- Likes numbers so I can make better decisions

- Can help with upgrades and getting properties ready for renters

- If full BRRRR property, manage that rehab project.

- Can help finding, or being, the property manager.

Time and expertise are my largest constraints.

Capital and motivation to put that capital to work and my best assets for this specific scenario.

This can be a great relationship leading to dozens of deals if we do it right.

However, I do not know where to go.

Please help.

3 Votes

All Forum Posts by: Anders Varner

Anders Varner has started 1 posts and replied 7 times.

Post: Deal Flow Done For You

Post: Deal Flow Done For You

Post: Deal Flow Done For You

Post: Deal Flow Done For You

Post: Deal Flow Done For You

Post: Deal Flow Done For You

Post: Deal Flow Done For You