All Forum Posts by: Dj Hume

@Jasper Fai congrats!

I love the growth and I always recommend to continue to grow in units. The more units the less risk, as your spreading it out across more tenants. If you can find a good deal on a 5+ unit in this market, I'd recommend pulling the trigger on it!

@Brian Ellis I'm not a tax attorney, but I did this same thing with a few of my SFRs when I was starting out. 

When you sell the property you'll need to initiate a 1031 exchange and roll the profits into another property of equal or higher value and you won't have to pay capital gains. 

@Heshel Mangel love it man! I just PM'd you - I'm putting together a focus group to teach everything I know in exchange for case studies.

For anyone interested, below is the original thread I posted about the training 

https://www.biggerpockets.com/forums/12/topics/784436-real-estate-investing-training?highlight_post=4608442&page=1#p4608442

Thanks @Brenden Mitchum I sent you a PM - looking forward to connecting

@Tyler Weaver Yes we received a commercial loan on this, but we'll refi in 3-4 months now that rents are stabilized 

@Heshel Mangel Yes we've raised capital before and we put this under contract before raising capital. It took us about 1.5 days to raise all the capital after releasing the financial details to our investor network.

Hey BP,

I’m building a Real Estate Investing course and am looking for a focus group to get direct feedback on what YOU want to learn when it comes to Real Estate Investing. This course will allow you to purchase your first multifamily property within 90 days!

I’m going to teach you:

-how to analyze an apartment deal in minutes

-package 10 year property projections

-Raise private money

-Get access to tools we use everyday

-plus much more

I’m looking for 10 motivated individuals, eager to learn and implement what you learn, but in return I’d like strategic feedback throughout the course and case studies.

Keep in mind, there will be a financial commitment to this course but it will be discounted about 95%

If you think you might be a good fit for this 1-on-1 Training, please let me know. I’m eager to help others succeed in real estate

@John Timoney

Your PM should be providing access to the property management portal where you can see any maintenance requests coming through. Typically that will include what’s wrong with pictures and the ability for you to approve any requests prior to the fix being completed (unless it’s under $500).

@Dace Hueftle I have personally used GE Credit Union in Dayton and went very smooth

That's awesome! I'd be happy to double check your numbers - analyzing deals is what I do for fun :)