All Forum Posts by: Bryan Templin

So I'm sitting at home on BP surfing the forums checking out the daily content you know the usual stuff and the thought comes to me what would be better to buy a MFR or to build it ? You can check out my profile I only own 2 properties at the moment but I have a lot of excess cash to acquire more and am currently placing offers in my local market but I wonder if I can make my money go further and build instead. Now currently I'm on Episode 151 so far it hasn't been covered so I thought I'd head to the forums and see what your opinions are. I understand you gotta buy the land and all I just want to see what the consensus is. I mean there are plenty of positives to building the most attract I think is a new property as opposed to 30-40 year properties Less maintenance, nicer units, higher rent. No mortgage (if done cash) Plus I'm pretty sure for 100k I can build a 3-4plex if I spend the money right Has anyone done this? What has your experience been? Thanks guys

Jonathan Mariscal if you ever run into any MFR feel free to give me a call I'm interested in the Texas market

Hey Jonathan welcome to the family

David Faulkner do you invest in the California market?

David Faulkner That's what I was thinking I'm still accounting for the PM cost though because the day I do hand over all my properties I won't be hit cash flow wise I think I might start my own PM company as times goes on

Filipe Pereira well I'll look into the market who knows maybe one day it'll be a fit

Filipe Pereira how is the market out there? I own and operate a solar company I know they just opened up the market

Filipe Pereira I agree with you that's where my thinking is at as well I want to start implementing systems even though I only have 2 properties as that number grows systems will help make my life stress free I talked to a PM about 2 weeks ago and when We met up at their office they were just moving in not the most professional but they are apart of a big PM company They were willing to negotiate on price which I liked I just don't want the beginning of my journey to be low on cash flow you know?

Hi guys I'm Bryan I joined Bigger Pockets a few months back and already I own 2 properties The question comes to mind should I go with a property manager and if so who? I understand that I do t have many properties and the bang for buck factor isn't necessarily there I'd like some feedback

Ryan Trobee Bigger Pockets has a ton to offer so treat this as your bible for real estate I joined BP a couple months ago and I'm now the closing on my first 2 deals A condo and a 4plex and I use BP every day Feel free to reach out Ryan I'd be interested to see how the Dallas market is