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All Forum Posts by: Jared Trindade

Jared Trindade has started 40 posts and replied 208 times.

Post: Commercial Investors: Can I pick your brain?

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290

@Henry Clark

Thank you, very much. Super valuable insight right there, and exactly the type of things I was looking for. I was looking for broad answers, and you gave me some great ideas there to work with. Typically we have pretty large sites that move, got an 86k sq ft one up right now. So that information can help me guide some understanding for investors who are interested in things like that, especially the ones who are moving in to investing in commercial spaces. 

Massively appreciate you taking the time to respond. 

Cheers!

Post: Commercial Investors: Can I pick your brain?

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290
Quote from @Ronald Rohde:

Hello, I own both of those.

We are looking for cash yield, long term demand and an exit. NNN for minimal management.

"warehouse" is very broad, there's a ton of detailed information about asset sub types on YouTube, have you exhausted those first? 

Follow Chad Griffiths online, #retwit on twitter, me, etc.


Thanks Ronald for giving me a direction point to start with, appreciate that. I will absolutely looking into those videos.

Cheers!

Post: New retirement withdrawal rule could backfire in costly way

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290
Quote from @Jeff S.:

Hey @Jared Trindade an advisor that sells products is exactly what I don't want. If I chose an advisor I would go with a fee only advisor that wasn't tied to a commission based program that is primarily sales based in nature.

I understand as most would that protecting yourself in various ways is important but a far as death insurance goes I choose to pass. 

Insurance sales is a lucrative business if you are good at sales. Good luck with your promotions.

I am no insurance agent, I am a real estate agent. 

I am curious if you are aware of Indexed Whole Life Insurance? You may change your point of view on that, not just protection, but a tax deferred investment vehicle that earns interest.

Free information is super valuable, I wouldn't shrug it to the side. If you paid a fee advisor to give you the same  info as someone that can give it for free, that honestly doesn't make much sense to me personally.

Everyone has their own opinion on what information sources they want to use, not trying to debate that, just offering an alternate perspective.

Cheers!


Post: Real Estate Market in Raleigh NC

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290
Quote from @Marcus Maloney:

Jared, thank you so much for your prompt response and the information you provided


 My pleasure!

Post: Commercial Investors: Can I pick your brain?

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290
Quote from @John McKee:

It seems like everyone is chasing warehouses these days so I'd be interested as well on a deep dive deal from a warehouse investor.


 Now we wait, haha.

Post: Real Estate Market in Raleigh NC

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290
Quote from @Marcus Maloney:

In NC for closing a real estate transaction is a real estate attorney needed or does a title company facilitate the closing and all the docs?


 We are an attorney state here my good sir!

Post: Searching for Wholesaler Contacts

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290
Quote from @Account Closed:

Does anyone have any good recommendations for Wholesalers in or near the Fayetteville, NC area?


 Hey Charles, I may be of service to you in what you are looking for. Would love to connect and chat and see if I can help you in anyway, or at the least point you in the right direction.

Cheers!

Post: Hesitancy to Invest - is it Morally Right?

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290
Quote from @Nick Kenrick:

Hi all,

I've done a little bit of real estate investing - I currently own 3 single family rentals in Indianapolis. I also own my primary residence and plan to convert the garage into a studio. I'm doing fine and see opportunities to grow my portfolio, but the housing affordability crisis has been bothering me lately and has got me questioning if scaling is a morally acceptable thing to do in this climate.

For the longest time, owning a home was the only way for blue collar workers to achieve the American Dream. With interest rates rising and no real decline in demand, it's becoming harder and harder for regular folks to own their own place. And now regular folks who are hoping to afford their own place have to compete with institutional capital and hundreds of out of state individual investors who can afford to take some losses for long-term appreciation plays.

It's just gotten harder and harder for the little guy and I'm wondering - is there more we as real-estate investors should be doing to help? Are we partly to blame? Or are my concerns overblown?

Thanks in advance.


 If you aren't ripping people off, treating them poorly, managing your tenants awfully, or lying to them- there is nothing morally wrong with it. Using the tools you have inherited and/or created to continue accumulating assets in life should be goal. There's no morals attached until you are doing something shady, or not doing something you know you should be doing. Many people find fulfillment in donating, and giving back as they begin to acquire wealth above their living requirements. That's a moral thing to do, it wouldn't be moral to lie about donating to charities for tax writes off though would it? 

Never be embarrassed for doing well for yourself, money is nothing to be ashamed about, especially if you are earning it fairly, legitimately and in good ethics. 

Post: Commercial Investors: Can I pick your brain?

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290

Hello all, 

I am looking to network with some commercial investors more specifically people who have experience with warehouses, and self storage. I am an agent in NC and I do sell commercial properties, but I am personally interested in connecting with people who would be willing to deep dive with me on strategies regarding commercial. The majority of my investors are residential, and I would love to get a better understanding of how commercial investors think/what they look for/buy boxes and I would love to hear from anyone who has done conversions on warehouses into self storage or other spaces. 

Please feel free to connect with me, I would love to pick some brains, my goal is to gain information from people who are experienced buyers in this space, to allow me to better service my investors. I have a few on my list that are going to be transitioning from residential to commercial, and the more I can advise them through that transition and into the next steps the higher quality service I can provide. 

I appreciate any and all feedback and advice. Also if there's any questions that I didn't ask that I should've please alert me to that as well. Looking forward to connecting with you.


Cheers!

Post: New Member Introduction

Jared TrindadePosted
  • Real Estate Agent
  • Fayetteville, NC
  • Posts 213
  • Votes 290
Quote from @Joshua Bruski-Hyland:

Hi All,

My name is Joshua Bruski-Hyland and I would like to get into the Real Estate investment business at a greater capacity. I am an Active Duty Air Force service member currently living in Tacoma, WA. I've already purchased my first property (primary residence) and have been making upgrades while I live there. I have a few more big things to take care of, namely HVAC and a cosmetic kitchen restoration, before I buy my next piece of property. I may need to move in the next few months but am awaiting the word of my Commander. If I stay another year, I will get my Real Estate license and look into investing in another property. I haven't yet decided on my strategy for the next property, but it will likely be a BRRRR or 2/3/4-plex. I would prefer the latter, but there is basically nothing within a realistic commute to my work.

While my job has some great advantages, there are some disadvantages that I will need to overcome. The first one is simply time. My job at times can be relaxed but also incredibly demanding and unpredictable at other times depending on what is happening in the world. I have many times been called to fly across the world and be gone for weeks or months with a day's notice. The second is the lack of predictability. Like I said, I may be moving in the coming months, but I have no idea when and where I am moving. It can be hard to plan a long term strategy when you have little control on where you are going to be assigned and you don't get a lot of time to learn the market in person. This can also present itself as an opportunity though in that you're exposed to a lot of potential markets when you move and there's an incredibly dependable job backing you. Investment around Military Installations can also be very dependable. They are likely to weather a storm better because of the consistent demand service members provide.

I hope to continue learning from the wealth of knowledge and great members here at BP. If you would like to connect or want to know more about investing in the Military, please feel free to reach out. Sko Buffs!

Welcome to BP, thank you for sharing your background!

With the nature of your employment requiring you to leave at a moments notice- the most important thing you need is a team. 
Agents, Contractors, Attorney's, Property Managers, Inspectors, and more. Building your team in an out of state market requires you to find some of the local agents in areas that you may consider investing in. Typically by connecting with a local agent in that market, they will likely be able to point you in the direction of who to reach out to, to finish building out your team. Once you have all the players on your team, you can start investing knowing that if you were to walk away, you have legal support, property managers, funds, and everything else with a system in place to support your absence. It's not really possibly to create a 100% hands off real estate business, but it doesn't require massive time investments IF you are able to have a great team who has your back. 

You mentioned military installations, I am an agent in NC, living in Fayetteville right next to Fort Bragg, and a couple hours away from Jacksonville and Camp Lejeune, would love to connect with you and continue the conversation if you are potentially interested in learning more about those areas.

Cheers!