All Forum Posts by: Account Closed

I'd go get a W2 job and then start applying for prequalification with lenders! 

Hey Ian, 

I'm an acquisitions analyst. Happy to chat.

Hey Alex,

My firm helps clients start or grow their real estate investment portfolios. We are currently focused on acquiring in two midwestern markets. We provide models of properties to clients and then set them up with tried and trusted property management companies upon closing. We partner with a local agent in each market to represent our client's offers. We also have an asset manager who walks the client through important tasks throughout the first 90 days of ownership. 

If you think this would be of help to you, shoot me a DM! I'm more than happy to chat.

Thanks! 

 Yes, very liquid. I'd do some research on your broker or call them and ask if they offer treasury bonds and how you should go about getting them. 

 Yes, I meant interest rates. I think one can get lost in trying to find the perfect time. It boils down to fear, I should say. 

Hey Ellen,

Not an investor group per se but am an acquisitions analyst at a real estate investment advisory firm in Denver.

I regularly have virtual meetings with clients or potential clients and go over our two midwestern markets of investment. 

We handle the underwriting of deals and arrange property management for our clients who are investing in those two markets. We also have partnerships with realtors there to represent our client's offers as well as partnerships with local contractors should homes require work. 

Shoot me a DM if you'd like to hop on a call and hear more.

Thanks!

The company I work at is a real estate investment advisory firm. We are targeting two midwestern markets where the ratio of monthly average rent to monthly average income is relatively low.

Feel free to shoot me a DM, more than happy to get on a call and discuss. 

Yes 

I'd get as much debt as possible when rates come down, although I don't know about the whole 3.5% thing in the near future. Leveraging debt doesn't have to be risky if you are using leverage to buy non volatile (relatively), stable assets in good and proven markets. I'd put down 3% on your house. 97% leverage. Home equity is dead - It doesn't earn you anything. Take that other 17% that you would've put down and go invest in an asset that will generate a return and make that spread. In my opinion, the goal with a primary residence is just to fix your cost of living so you aren't prone to rent raises. At 3% down, I can get a place and set my monthly cost of living for 30 years no matter what inflation does, what rates do, what the value of the home does. I'll take that money I didn't spend on a 20% down payment and go put it to work. I personally can't justify putting down 20% on a primary. 

There is a negative connotation with leverage and risk and blowing up a fund/portfolio/life but that doesn't have to be the case. Debt, in the right hands, is one of the most valuable things we can get. If every real estate investor got 15 year mortgages and didn't want debt, the world would look a lot different than it does today. 

To me, it's all about controlling an asset with relatively little of your own money. Why make a $2,000 / month payment, for example, on a 15 year loan when you can make a $1,000 payment on a 30 year loan and go put that other $1,000 to work every month. The math is powerful there. Over a lifetime, that extra cash invested in even an index like SPY amounts to millions of dollars.

I'd just take a local realtor to lunch and maintain a relationship with them. Same thing with contractors. They are both inclined to share their database of off-market deals with you since it could potentially provide them with a sale.