All Forum Posts by: David Muellers

How about Tax payer / Transient?

I did a quick search. Uhaul rates from NYC to Naples 3,000.00 for a 10’ truck. Rates from Naples to NYC 700.00. 

   The information so far provided can be summed up as such. The syndicator must be vetted and due diligence completed. The investment also comes down to time and desire. Does one have the time to learn what to do and desire to do it. Therefore given a proven syndicator it makes sense to leverage their expertise and time and effort to invest for you provided that you are willing to accept less gains than by doing it yourself.
   A downside is lack of liquidity and mobility with being engaged for a specific period of time and lack of control over the investment. Secondly one has a greater likely hood if they are accredited vs non accredited to attract potential investment opportunities.  Thank you for your input.

Hello, I am looking for some wisdom and maybe you would like to contribute. If I have never done a flip or a BRRR why should I? Why should I just not give my 50k - 100k to a multi family syndicator with a track record of success? Sure there is a the velocity of the money in which I may have control over, if I have made the correct decisions however what if I am wrong and pick the wrong city or the wrong side of the tracks and I just spent 3 months and tens of thousands on a dog that just won't sell or rent?

Let me know what you think if a person ends their real estate career with a MFS why just not start there ?