All Forum Posts by: Cameron Ysidron

@Troy P. Haha, I hear you man. I haven't done my first deal yet. I'm about to graduate from LSU and am kind of waiting till then, using the time to narrow down what sort of property I'm interested in. 

I personally intend on starting in Baton Rouge, and potentially after a few deals here I would look in other markets. That's just my personal preference though, as I'd like to be more hands-on in the beginning.

Hey @Troy P., welcome to BP! I'm new to REI myself, but I'm actively looking for my first deal. What areas in Baton Rouge appeal to you most for your first property?

 Scott, thank you for the advice and the link. At what point in this process do you recommend meeting with an attorney? Should I wait until I've found whoever I would like to partner with?

 Hi Henry, thanks for taking the time to respond. I've taken some numbers from the sellers proforma, but accounted for some cushion on the expenses in case they are higher than what is listed. 

For a business plan all I really have is a short list of improvements that could be made to the property. What else would typically expect on a business plan? As far as management goes I would like to find a partner that has experience in that aspect so I could learn from them.

Lastly, I actually currently work part-time for my future full-time employer. I also have a considerable amount of scholarships. Perhaps together I could still qualify for some loans?

Again, I appreciate the response.

Appreciate the advice, Seth. Definitely trying to stay within the boundaries of the law!

I recently came across a 16 unit multifamily complex that has some pretty attractive qualities. I am extremely interested in pursuing this property, but I have little capital until I graduate and start working in May. The property is listed at $977k, so I'm not sure if I would be able to find a single person to partner with who could provide the down payment. Would I be able to structure the deal with a lawyer where I could bring multiple (2 or 3) investors in to this deal? I appreciate any advice you seasoned investors can offer me.

Looking forward to meeting some great people! Thank you, @Courtney Fricke, for setting this event up.

Hi everyone. I'm interested in connecting with any investors in the Baton Rouge area who have done one or more BRRRR deals. I would love to connect and learn more about what type of property others find best to use this strategy with in the area. Looking forward to hearing some responses

@Amy Verges Thanks for the welcome, Amy! I have heard about RING and I'm planning on coming to the next meeting. Looking forward to meeting with all of you.

@Brandon Johnson Thank you, Brandon! I will be there!

@Garrett Ellison Absolutely, I love meeting new people with common interests. I'll be sure to connect with you on BP.