All Forum Posts by: Bobby Shell
Bobby Shell has started 18 posts and replied 152 times.
Post: When syndicators nurture relationship, what do you like/dislike?
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
What do you like to find out from syndicators as you wait for the right deal?
What information do you like to receive in emails and communications?
Is there any info that is must know, or are there any bits of information that is unnecessary or annoying? Would love to hear everyone's thoughts.
Post: Wired money to BAM & Open Door Capital
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
Originally posted by @Tammy Hsu:
@Jennifer Bourdeau @Bobby Shell I am starting my first foray into investing into a syndication. I'm wondering if you are willing to provide any updates on how your investments are going or possibly what syndications you looked in? Any information would be extremely appreciated and helpful!
Tammy, investments are still going great. Meeting cash flow expectations and the communication/updates from Open Door monthly are the most detailed. BAM is also detailed but not to the extent of open door. Both are incredible.
I am also partnering up with https://thegrowthvue.com/ on my next couple deals over the rest of this year. If you have any other specific questions please feel free to ask openly here, or via DM. I am happy to have a call and share my experience too!
Post: Looking to create a website
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
Marv, I have been doing digital marketing in this space for the last decade. I would recommend looking at https://dynamicard.com/ (ask for Ivan, tell him I sent you). You can target specific zip codes, types of owners, what cars they drive, and SO much more. This way you can target the perfect market and demo. You can also get lists from Dynamicard and capture emails that are qualified and use those to create look alikes on Facebook and more. You will be able to create some amazing deal flow using these tools!
Post: Wired money to BAM & Open Door Capital
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
Originally posted by @Randy Smith:
@Bobby Shell. I just spoke with Mike at ODC as well and I’m considering moving forward. Can you share any details of your experience over the last 6 months?
Mike has been a great communicator. I am happy thus far and eager to learn more about how the tax stuff works considering these are my first K1's and recap how 2020 went as a whole. Likely will be doing more deals with both syndicators in the future.
Post: Wired money to BAM & Open Door Capital
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
Originally posted by @Senate Eskridge:
@Bobby Shell I am curious after six months since your post what you are thinking about these investments?
Loving them!
Post: Wired money to BAM & Open Door Capital
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
Originally posted by @Jennifer Bourdeau:
@Bobby Shell looks like we are in similar situations with similar goals. I've invested in two deals and looking to sell my last SFH and put the 400k of equity into more syndications. I'm currently vetting a handful of operators including BAM, would love to hear about your experience with them and other GPs you've spoken too. Will send you a PM shortly.
Sounds great I look forward to connecting!
Post: Multifamily Investing on the Blockchain - has anyone started?
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
Originally posted by @Jesse Stahl:
It sounds like you might just buying a token? I'd be very wary at that point. Make sure it is deemed as a security token (backed by something tangible) and not a utility token (used only as currency in the system).
There's a lot of talk of moving stocks and bonds to the Blockchain as security tokens, I don't see why REI trusts/funds (especially if they are publically traded) would be any different. Although personally I see syndications working better as a series of smart contracts whereby you send your Ether to the contract wallet and you have a system of payments set in the code.
This is exactly how it is structured. Typically DAI or a stable coin is paid via meta mask (chrome extension) and the cash flows are distributed daily to your personal wallet. It is SEC regulated like other syndications as well.
Post: Multifamily Investing on the Blockchain - has anyone started?
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
Originally posted by @Ozzie Sezen:
@Bobby Shell
Thanks for the investment option with blockchain (Token),
Does it provide Tax depreciation benefit?
To be determined ... I am still doing research myself to figure this out.
Post: Multifamily Investing on the Blockchain - has anyone started?
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
Originally posted by @Dave Clinton:
Hey Bobby,
I haven't heard of investing with real estate via block chain. I own bitcoin assets but I never heard of real estate options. Can you give me info. I'd love to find out more!!
Yes sir! Shoot me a PM
Post: Is it okay to ever waive the inspection?
- Investor
- Fort Collins, CO
- Posts 165
- Votes 127
@Simon Obas
If an agent tells you to waive an inspection get a new agent! This game is not about just getting deals done. You have gotten to protect yourself and it’s your agents job to do so. They sound desperate for a sale or aren’t educated enough as to why foregoing an inspection is needed.
Scary stuff.