All Forum Posts by: Aaron Hall

Thank you all for your input, i am very appreciative! I will take all of this into account.

@Dan H. Yes we got it slightly below market and are expecting appreciation due to some big news of companies moving into the area. Will it pan out? Who knows, but that's why we made the investment anyway. 

Your post is not harsh at all, I honestly was thinking the same thing but I decided to go into the purchase with the partner in hopes of an appreciation play way down the line. I always accept valuable input from experienced investors on here in hopes of learning what to do and what NOT to do in future investments. Thank you for your input.

@Josue Velney I agree and appreciate that advice. I think I'm a little too eager since I just started diving into Real estate purchases that it is hard to stop for a few/several years once I got going. Perhaps I will lay low and look for alternate investments until the market changes for the better.

@Gordon Starr Haha thank you good, Sir. I'll look into a turret system and land mines for the property :D

@Kevin Sobilo Thank you, I will look at where I can be a value add for future deals.

@Matt K. I'm always on the lookout. I'll PM you.

@Jay Hinrichs Excellent advice. It appears patience is key here. I will look into that, thanks again.

@Nathan M. Thanks for your reply. Very true, and I agree on all points. Well, my other MF rental that I went into with a business partner is nothing less than highly unimpressive. We're cashflowing about $134 a month...and ofcourse then that is split in half 50/50. Downpayment was about 32k. So yeah... not exactly impressive by any metric.

I suppose this is why I'm looking to branch out on my own and try to find a better deal with better numbers. As stated, I've been searching (online only) and just analyzing various online MFR listings all over the net, I'm not finding much of anything that would cash flow positive anywhere near the suggested $200 dollar per door mark. Not even remotely close. Not sure what I'm doing wrong, or if its because others have mentioned that online listings are going to probably be overpriced and off market listings are a better bet.

Thank you everyone for your input, I am always appreciative in the feedback I receive.

@Dennis M. I've been looking at A/B/C neighborhoods. I definitely want to steer clear of D neighborhoods from the horrendous stories I've heard and read, time and time again.

@Robbie Reutzel This is what I suspected, thank you for this information. While I have an agent in WI I work with, It looks like I'll need to seek out experienced agents in other states as well to hopefully throw some off-market deals my way.

@Jay Hinrichs That is something I've not thought about. I suppose it is all a matter of how much money is being put down or paid out in full to affect your monthly cash flow. Unfortunately after my last deal I've got 50k, at best, to invest for my next property so it doesn't look like more down payment is possible, unless of course I save for another year or so.

@Damon Pendleton Thank you for your input, it seems you and me have the same mindset here. I just wanted to make sure I was understanding things correctly. Unfortunately, the vast majority of prices I'm seeing listed are so high now, it is hard to find a property that would make a good investment after purchase at this point, in terms of cash flow anyway.

May I ask you all, are you still actively investing in buy-and-hold rentals at this point with prices being so high and continually to rise? Do flips make more sense in this kind of market than buying properties for the purpose of rental income?

Hi all,

I am new to multi family investing, only having just recently went into a MFR deal with a business partner to make a very, very, measly positive cash flow per month on a duplex. With that being said, is anyone willing to throw a bone as to some locations where there are still a decent amount of MFR that would cash flow well? As I stated I am new to this so I'm not surprised I'm having such a difficult time, but essentially no matter where I'm checking (online listings only, admittedly) across the US, numbers are barely even showing positive cash flow as I'm analyzing listings of MFR. This goes for Duplexes, Tri, and 4-plex!

Am I just trying to purchase at the wrong time since prices are still on the rise? Thank you ahead of time for any responses.

I'll probably stick to your advice with high yield savings account or money market type accounts to be honest. This should at least minimize the damage while my savings are sitting around.

@Caleb Heimsoth Thank you for your timely reply. Well, in my situation I guess my defined long time would depend on my partner. If my partner passes on an investment and I have to pay the full downpayment(going into the property solo) , my money could be sitting around for 2,3, even 4years possibly because my savings rate is less than impressive. If I am investing with a partner, I would probably not have my saved up RE money sitting around in a savings account for more than year tops.

I will give ally bank and some money market accounts a look so thanks for that heads up. I'm just trying to minimize the loss of buying power as much as possible while I'm saving up over time for more RE deals.

Hi All,

I've begun buying RE properties with my business partner, but I really don't know what to do with my "Stash" of RE Investing funds that I save as I'm waiting for it to accumulate enough for another down payment on a property. I am worried about inflation, the last couple of years I've just parked it in my savings account, which is obviously just losing buying power year after year due to inflation.

What do other investors do to minimize the damage of inflation to their money? Do investors park their money in some magical savings account with a decent interest rate that I am unaware of? Because I can't seem to find anything that comes close to beating or at least keeping even with the assumed average 3% inflation.  Are you investing your Stash into index funds and later pulling it out when you are ready to pull the trigger on a RE deal? Please enlighten me. I don't want to keep putting money into a savings account that is losing buying power year after year. My annual income is only $57,200K (Pre tax) so I'm only able to buy one property a year, at the very best of situations so my money sits in my savings account for fairly long times.

Thanks for any input and advice ahead of time.