All Forum Posts by: Connor Maloney

Nice work @Chris Pohlson!! I hope to do a BRRRR soon myself!

Thanks for the input Kevin!

Hey @Jessica S., I have my rentals in Anchorage. It seems that prices for 4-plexes are finally starting to plateau, but that is for the places being sold at retail. Also, rents are just starting to drop a bit with the large number of properties on the market. With that being said and knowing how many people have left Alaska in the past couple years, I would think that you would have an easier time finding a good deal if you did some digging. If prices do drop much, I don't think it will be until next year or later, but who knows for sure. We still have a long way to go in our economy with things still settling out for the oil companies and the state government scrambling to come up with a way to fund their overflowing budget. I am also hoping to find a good deal in this downturn, but not on the MLS right now. Prices are still way too high there. Good luck finding a place! - Connor

Welcome to BP!  This is a great place to learn and meet other investors that are in your same situation all the way up to some very successful real estate investors!

Donny be afraid to ask lots of questions!

Hey Pat.  Wow!  That is quite the portfolio you have built!  Good for you and welcome to BP if you just joined.  I am on my third year of investing and hope to follow a similar path as you!

Welcome Jessyca! Alaska is an awesome place and a great place to invest. That is cool you know how to flip notes. I don't know much about that. Good luck!

Welcome to Bigger Pockets Tyler! This is one of the best sites to learn about real estate from the very people that are doing it everyday. It is an amazing community of people and an incredible resource for learning about real estate. Make sure to ask any questions you have on the forums. The people on this site are great and will help you out to find an answer to the best of their ability. House hacking (i.e. owner-occupied loan) to get a duplex is great way to get into real estate, especially if yo can find a place that cash flows well enough that you will be living for free! That will allow you to save up even more for your next down payment on a property. Not to mention, you will be gaining some valuable experience as a landlord and like you said, you will be able to see if you like being a landlord. If not, there are plenty of other ways to make a good living in real estate. Good luck! - Connor

@Andrew Taylor,

I am very sorry to hear that you got scammed by Lazard. I did a lot of research on him, but the only thing I could determine was that he might be hiding behind a legitimate LLC of Joinville Finance to make people think he is the real deal. I called the state of Texas to verify that Joinville Finance, LLC was real and they confirmed it. The officer for the LLC is something like Paula Kisel. It might be worth contacting the TX and reporting the LLC. Also, I contacted a Sarah Kisel One time that I talked to him, he said he had a farm in Shiner, TX. It was probably BS, but just trying to give you more information. Good luck finding the guy!

I just did some quick research and here is his website:  http://joinvillefinances.com/.  It was under construction when I was talking with him.

I'll keep trying to mess with this guy.  That is really messed up that he think he can just take advantage of people.

-Connor

@James Cash,

Thanks for the tip and I would appreciate any help you can provide me with!

-Connor

@Doran Summers,

I have not heard of them before, but those sound like good rates.  Thanks for letting me know!