All Forum Posts by: Brandon Seider
Brandon Seider has started 3 posts and replied 6 times.
Quote from @David Ramirez:
If you are doing STR I would say yes. However, for LTR you would have to get creative to get more than $300+ of cash flow per month.
Sheesh, is $300/month all the cash flow I can expect for LTR?! This is gonna be harder than I thought... :(
Novice REI here, wondering:
- Is it realistic to think I can obtain $1,000/month NOI on a single door ($12,000/year)?
- If yes, can I simply divide $300,000 by $12,000 to determine I would need 25 Doors to reach $300,000 Annual NOI?
Post: Home Equity to Purchase Investment Property - Good Idea?
- Posts 6
- Votes 2
Hello. As the title implies, I'm considering the idea of using a HELOC to purchase a first investment property. Any thoughts on this strategy?
Post: How do I find Syndications?
- Posts 6
- Votes 2
Is Brandon Turner's current "Texas 3-Pack" considered a syndicate? For a beginner investor, is one or the other recommended (syndicate vs. individually purchasing a property with same amount of capital (i.e. $100,000)), or is it too difficult to compare because they are apples and oranges?
Thank you for the quick responses and encouragement. I’m happy to see that most people believe this is a good and viable strategy to pursue.
Hello,
Other than the purchase of the single family dwelling my family and I live in, I’m beginning to consider a first investment property. My son will be attending ASU, beginning in 2024. While he will be living in a dorm for his freshman year, I’m wondering if it makes sense to purchase a rental property near campus, that 1) he can live in, and 2) I can rent 1-2 additional rooms.
I’m not sure if this is a good strategy (purchasing an investment property that coincides with my son’s school arrangement).
Thank you for any insight you can offer.
Brandon