All Forum Posts by: David Ginn
David Ginn has started 15 posts and replied 165 times.
Post: Investing in long term rentals out of state

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
Hi Aruna,
I agree with you. NYC is pro tenant.
I also think remote investing can be tricky.
Establishing trust takes time in building a long relationship. You can really start to trust, after major negative issues happen. This is when the true colors come our.
I think the first thing you need to do is look at where the market is today. In most places the marker is correcting and headed down.
You do nit want to invest in an asset that is going to fall in value.
Contrary to what many will tell you. Buy and hold investing in a falling market is death.
The smarter thing to do is to find someone who has flipped more than 50 homes. Look at their ROI on the last 10 they did and then lend to that individual based on a solid track record. They must be old enough to have been in the last great recession of 2006 forward. Experience from the last great recession is paramount.
Lending can bring in 12% interest and higher in most cases. Our flippers pay 12% and 3.75 points as an example.
As you Lend to people with experience you will learn through them. Because you are invested into them and have skin in the game, you will get educated by the good and bad things they do. Then after you have lent to them, made money, and got educated, you will then over time be able to start taking down you own deals.
Remember trust is earned over time. Invest in only people who have done 50 flips or more. Get educated while you make money. Learn from the pros first. Then start to step out on your own..
Best Regards
Post: New Investor Looking to network with investors in NYC

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
Pull to a cash position and go into lending or flipping, these are your best options. The market is going to correct and fall. DO NOT buy a house right now. Do not buy multifamily.
You're at the top of the market and it’s going to correct and fall. I won't wait for the perfect deal. It's critical right now that you take your cash and put it into lending with people who are flipping.
In the system, people are making 12% or 3.75 points that is 15.75 % or points a year on a deed, If you're going to be active in the system. Or you’ll get 20% of the equity share, so you do want to lend. With lending or flipping once, you're going to probably make 30-40% a year, if you're actively flipping and your full time.
Thank you
Post: Rookie investor from Canada- help!

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
Actually, we're currently not in Canada. But I recommend that you start by landing. In our system, our buyers pay 12% and 3.75 points or 12% of the equity share. The net equity share, buyers, pay 12 points. I think you can make good returns annually impassively and then, let's see if we can network to get up into Canada. If You have any questions or need answers then just shoot me a PM and we can chat.
good day.
Post: Long Distance Investing

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
I would like to say we're looking for people who can flip thirty homes a year or can get up to that number. If that's you reach out to us, we also recommend in the marketplace right now, lending our buyers pay. Our buyers pay 12% and 3.75 points to you as an investor. If you're looking for something passive into those, these are my two recommendations. If You have any questions or need answers then just shoot me a PM and we can chat.
Good Luck
Post: How would you invest 1 million in real estate?

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
Hi @Reed Vial
We have many properties available for you to fix & flip. Our buyers pay 12% interest and 3.75 points to you as an investor. We are Buyers, Lenders, and Mentors, a tight-knit group and we work together to make money on our deals. On the other hand, FLIP, that's where you make your money. If you're flipping like in our system, my clients make 30-40% per property on the money that they've invested in. There's a really clear strategy on how you do that, most flippers make 10%, and we make more than that. There's a reason because based on the strategies we use. So, in your particular case that's what you want to do is buy, renovate and flip and your margins will go all the way up. Also, you can flip it in the up or down market, and look at where everybody else can see that. Good Luck
If you have questions or need answers about investing just shoot me a PM and we can chat.
Post: Passive Investing for Rookie

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
I would like to inform you that we're at the height of the market or very close to the top of the market. A coastal market is considered a secondary market like Vegas for some type of entertainment industry. Those markets collapse and fall further in a down cycle, so be cautious. If You have any questions or need answers then just shoot me a PM and we can chat.
Good Luck
Post: High Desert : Hesperia, Victorville, and Apple Valley

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
We have many properties available for you to fix & flip. Our buyers pay 12% interest and 3.75 points to you as an investor. We are Buyers, Lenders, and Mentors, a tight-knit group and we work together to make money on our deals. On the other hand, FLIP, that's where you make your money. If you're flipping like in our system, my clients make 30-40% per property on the money that they've invested in. There's a really clear strategy on how you do that, most flippers make 10%, and we make more than that. There's a reason because based on the strategies we use. So, in your particular case that's what you want to do is buy, renovate and flip and your margins will go all the way up. Also, you can flip it in the up or down market, and look at where everybody else can see that.
If you have questions or need answers about investing just shoot me a PM and we can chat.
Post: Best Resources to Educate Yourself Prior to Investing?

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
In our case, I want to refer Craig Brooksby to the estate's community. You also search The Estates Community and go to YouTube. They're a lot of videos, I think that will help you.
Good luck
Post: Real Estate Newbie Looking For Help!

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
Yes, California's extremely expensive. I've seen a lot of people move to the North Carolina area. We have a company that's in all of the states that you recommend. Here, we can help you find what it is. You need to invest in it. I agree with you that California's very expensive. The second thing is weren't, as all four states you mentioned, so we have the ability to find your properties in those four states. If you'd like more information then just shoot me a PM and we can chat.
Good Luck
Post: New Investor out of West Michigan:)

- Real Estate Consultant
- Houston, TX
- Posts 206
- Votes 944
Hi @Kyler Kieft
We are at the top of the market and are very close to the top. So my advice is that it is not the right time to purchase a rental property. I can tell you that multi-family homes are extremely hard to find and buy in the marketplace. Family products are extremely hard to find and buy in the marketplace. Your money is better spent in liquidity or also better spent in two flips or lend me. We lend money or our buyers are bought when it comes to lending. Our buyers pay 12% and 3.75 points. And 3.75 points or 12% of the equity share. So it's better for you to start out by being a lender first and making 15-16% on your money at a minimum. If you have questions or need answers about this then just shoot me a PM and we can chat.
Good Luck