All Forum Posts by: Brian Alfaro

Check out the South Texas Multifamily & More Virtual Meetup on Thursday December 17th! We'd love to see you there!

Garrett Griffin is an approved Deferred Sales Trust™ Trustee and believes that private capital remaining under family control does more to serve the needs, goals, values, and objectives of their family, their causes and society as a whole, rather than passing 35-45% in taxes to the government.

He believes you should have a plan for your future when there is so much at stake. That’s why he helps you maximize your family wealth and reduce your risks. In 18 years as a tax and wealth strategies attorney, he’s successfully implemented plans that have resulted in:

* Significantly reduced estate taxes

* Removing highly appreciating assets from the client’s gross estate

* Leveraging taxable assets into tax-free wealth

* Proactively establishing legal barriers between client’s personal assets and potential lawsuits

* Deferring capital gains taxes on the sale of appreciated and complex assets

In addition to acting as a Deferred Sales Trust™ Trustee, Garrett serves clients through his law firm, Legacy Legal and is the Director of Business Strategies + Advanced Planning for Prevail Innovative Wealth Strategies.

After graduating from Cameron High School, he received his B.S. in Business Administration from William Jewell College in 1998. Garrett is a graduate of the University of Missouri – Kansas City School of Law (J.D. 2001 and LL.M. Taxation 2005) and was admitted to the Missouri Bar in 2001 and the Kansas Bar 2006.

Garrett and his wife, Mindi have been married for 18 years and live in the Liberty area. When not watching his sons Gavin and Beckett play sports, Garrett enjoys spending time travelling with family and friends.

If I'm you, I'm sticking to my plan in the Mid-West. Cash is king - don't gamble on appreciation. The clock could stop there at any time. I live in Houston, and you are spot on that it is hard to find properties that hit the 1% rule. You'll get more bang for your buck in the mid-west (as far as # of properties you can leverage with $200k), and your cash flow is better.

Go to YouTube and search "Kim Lisa Taylor." She's a syndication attorney that puts out a ton of free advice and content. You can google her and find her website too. 

Hello BP Community! 

My partners and I are visiting Kansas City to network with PM, Brokers, and other Active Investors in the market. We have a lot of interest in this market and are looking forward to learning more. 

Are there any active Multifamily investors (50+ units/door) in Kansas City here on BP? I’d love to connect and get your input on the market and potentially schedule time to chat when we’re in town or on a call. Feel free to reach out to connect and/or leave your feedback/insight on the market below. 

@Anne Nguyen Depends on the size of the asset and your budget. I would recommend Reonomy if you can afford it...I think their base price is $300 per month. 

@Kamlesh Kukreja

Tons of MF mentors out there. Send me a PM and I can provide you with a list. There's also an insane amount of MF networking. You can find groups on FB and LI. You could probably be on a zoom meeting networking every night if you looked in the right places there are so many. 

@Kelsey Mortimore 

I'll leave you with this quote I've heard from many experienced investors...

"The best time to invest was yesterday."

If it's a good deal, move forward. If you're house hacking you're going to be there for a couple of years anyways, so what's going on today is arguably not as important. Don't talk yourself into waiting on the sidelines for the "crash" that may never come. That's how you miss opportunities. Always be looking... the definition of "luck" is when opportunity and preparation cross paths. If you're never looking for opportunity and standing on the sidelines waiting for a crash, you won't be prepared to "get lucky" and make your success happen when it comes knocking. 

Just sent you a PM, @Adam Wrobel! Looking forward to connecting.

@Gurwinder Singh What asset class are you focused on? Have you decided to focus on Single Family Homes?

@Austin Smucker I am going to send you a PM! I believe I have a few contacts in your area that are Multifamily focused you can connect with. The response to your answer depends on how active you want to be.... if you are all about spending a lot of time being hands on hunting for deals, negotiating, managing the manager, etc then you should be finding a partner (if needed) to take down a small asset with your own funds. If not, I would suggest investing passively so you can learn the business and not have to spend much time on it.