All Forum Posts by: Mel F.

Hey @Mel F. - I have a list of Chicago wholesalers that I'd be happy to send you.

I found that narrowing my focus has generated more success in the long term.

I'd love to talk to you about private money lending we are always looking for loans to bridge hard money.

Does anyone know a few markets where the cash flow is decent but the purchase price is low? I live in San Diego and it's practically impossible to get a good ROI.

Hi I am a new investor with 300k starting capital looking to BRRRR.

I prefer to invest in landlord friendly regions, with high rental ROI, low crime.

Looking to build a stellar team, would appreciate any referrals to brokers/contractor/PM/bankers.

Here is a WSJ article on me: https://www.wsj.com/articles/two-entrepreneurs-lived-through...

A bit on my background; I used to work for Mckinsey before starting my first start up which produced the cash flow for my VC investments into pre-IPO tech companies (Didi Taxi, Grab Taxi, Robinhood etc). I am the co founder of a coffee chain called About Time Coffee and opened 5 stores in Manhattan. Also, I build a data analytics company to provide detailed foot traffic analysis for any location for commercial real estate: 

Since the rate hikes and QT measures, I believe growth investing won't be feasible without the massive quantity easing we used to see in the past decade.

So I am looking to branch into real estate investment and after reading the BRRRR book and the Book on Rental Property investing. I am also looking for learn and discuss strategy with other investors, feel free to reach out to me.

Thanks all.
Rick

I have 50k in savings and i want to buy my first investment property. I don't own a house yet but i have a very good rental deal. I am located in Naples, FL and the market is really expensive here. How would you invest that money ?

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Lori

Thank you everyone for your help! I had no idea I could continue working with my current lender. I didn’t know in Missouri and Illinois you don’t need to be certified in those states for hard money loans. 

Any recommendations on hard money lenders in the Clt, Nc area?

Hello All. This is my first post so please be kind. I have been thinking about becoming an investor and did research. Memphis is where I want to start this new journey. I have been to TN a few times, and I instantly knew I wanted to either invest or move. I currently live in CA, in the south OC area. I own a SFR home in a very desirable area that is known to be family-friendly.

As a first time investor and newbie, buying in CA, especially in my own backyard is not doable. Prices are outrageous in addition to HOA & property taxes. Hence why I am looking in Memphis.

I am hoping to find a SFR in the Memphis area for STR but ideally LTR. My preference would be to find a home that ‘s tenant-occupied. I have been searching and found several homes which are tenant-occupied. As this is my first investment and it's out of state, I want to start small and with little risk but I'm open to hearing what my options are. I do not want to invest in the "war zone" and from what gather, real estate varies street by street. I would like to discuss which areas are best for rentals as it's my first time.

I have contacted an investor friendly agent  that I found on this board. Hoping to connect soon to discuss my goals, strategy and everything related to investing. 

In short, my goal is to have several rental properties in Memphis before prices go up. And also, I eventually I would like to expand my portfolio and do an Air BnB. 

Thanks!!