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All Forum Posts by: David Schmidt

David Schmidt has started 1 posts and replied 9 times.

Post: What would YOU do if you have a large sum of money?

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4

Lots of options. Pay down debt? Leverage and make more cash flow? Depends on your goals. I have worked with a lot of investors who have used a large lump sum to create a large cash flow position through multi family investing...then they use this new cash flow to pay down debts and live via passive income which allows you to accomplish both. Plus you are building equity that will increase over time and grow that nest egg vs just simply paying down debt. Happy to go over some scenarios if you want to discuss specifics! Good luck!

Post: Ultimate Partnering 2018 - Sept. 7th - 9th

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4
@Scott Huggins See you there and happy to hat about your business and goals!

Post: Ultimate Partnering 2018 - Sept. 7th - 9th

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4
@Julia Bykhovskaia See you there!

Post: Ultimate Partnering 2018 - Sept. 7th - 9th

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4
@John B. I’ll be there and hopefully you get something out of it. This will be my first time but I’m hoping to help raise capital for some upcoming deals and potentially put in on others deals so I hear this is the spot to network!!

Post: Who's going to Ultimate Partnering this weekend?

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4
@Chris Tracy. I’ll be there happy to meet up!

Post: Is anyone going to Ultimate Partnering 2018

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4
@Cedric Macon I’ll be there let’s meet up! Happy to grab a coffee or beer.

Post: Multi family syndication vs owning

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4

Thanks for the insight. Looking for both opportunities so happy to connect if you have oppotunities for both.

Post: Multi family syndication vs owning

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4

Thanks Percy! Thinking of both options and want to figure the best way to go about it! 

Post: Multi family syndication vs owning

David SchmidtPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 9
  • Votes 4
Is there a difference in the tax implications when simply investing in a syndication and collecting income versus owning a multi family unit and getting depreciation write off’s etc. Would like to hear some thoughts as I am looking at investing in both options and want to weigh out options. Thanks, Dave