All Forum Posts by: Caleb Bryant

@Vincent Burr dm me, I know some guys up your way and they have a networking group on Facebook (and in person once all this is over haha)

@Vincent B. awesome, welcome to the world of real estate. What kind of investments will you be looking for, and where? I'm currently investing in/wholesaling in Huntsville, Alabama, Birmingham, AL, and occasionally Chattanooga, Tennessee. 

@Joseph Cacciapaglia I'm actually invested in San Antonio so I can agree with what you're saying. The properties I'm in down there have done great so far, of course we've only had 1 payment throughout this event so May 1st I'll be keeping a close eye on it. Love the lot strategy you mentioned, that could potentially work in my core market as well. 

@Aaron Burns makes perfect sense. I've got some S8 tenants as well, it's a mix of good and bad, but the guaranteed income has been an overall positive through this. Thanks for the input!

1. I am still investing in real estate through this. 

2. The main reason is because I'm full time at this, so this is just what I do. This is how I pay the bills and also build wealth.

3. Main focuses right now for me are: Wholesaling, light flips, private money relationships, marketing. Why wholesaling? Simple, for the cash buyers who are still buying, wholesaling is quick capital for me which means more marketing dollars, which leads to more business. Light flips are the lowest risk in my market because they have multiple exit strategies in my market of Huntsville, Alabama. We can sell in what is still a very hot retail market due to low supply, or we can rent if that becomes necessary (or even potentially sell it as a turn key). So it's the least risky way for me to build larger chunks of capital. Private money relationships are a no brainer right now. About 50% of the hard money lenders I keep up with aren't lending at all right now, but with how crazy the stock market has been, private money has been easier to acquire. 90% of the deals I've done in single family have involved private money anyway so it's more about maintaining the relationships and letting them know we are still in it to win it. Hard money has always been the last option, but it doesn't hurt to be working on those relationships as well. Marketing is something that I'm investing heavily in through this. I've never spent as much in marketing as this month and I will continue to put time and money into this stream because so many people are backing off because they see it as an expense. I'm seeing it as an investment that has an opportunity to return greater than normal as more people lay off the gas. 

4. While I did all of these things before, there is definitely more emphasis on the ones mentioned above than before. Some things I've stopped doing or reduced is private lending of my own funds, as I believe my money is better put in reserves, marketing investment, and backup financing for closing active deals (vs invested passively). I'm not investing in new passive deals like syndications right now either, though syndications I've already invested in are performing this quarter. May will be the real test for those I believe. I'm not looking for new multifamily deals actively. The simple, 3/2 SFR's are what is most attractive right now to me.

Thanks in advance for your answers and input everyone!

What's up everyone!?

I'm an investor and wholesaler out of Huntsville, Alabama. I'm writing this to check in on what everyone is doing through these uncertain times. Ultimately I want to learn as much as I can through this situation. I've been involved in Real estate investing for over 5 years, but have never truly lived or invested through a pullback/recession/depression, so input from heavily experienced investors is appreciated. I will answer my own questions for you all as well. 

1. Are you still investing in real estate through the Covid-19 crisis? 

2. Why or why not?

3. What niches are you most focused on and why?

4. Is that the same focus you had before Covid-19 or not? 

I'll post my answers in the comments!

@Megan Wilson Rachael McCuen with Chanda Davis Real Estate

@Jay Oca Rachael McCuen with Chanda Davis Real Estate is really good. Her husband Evan is a reputable wholesaler.

@Viral Patel we’ve been getting deals in 35810 and 35805. They don’t come from realtors though

@David Vander Pol nice job man! What area was this one in?