All Forum Posts by: Jason Wade

I get what you're saying. Kinda funny when you listen to a lot of podcasts and they just interview each other. This one has a program, that one a book, the other a secret SEO plan or a lender or another syndicator. 

I have no angle or interest so I turn em all down when asked to be a guest.

I'm glad I got started before HGTV, BP, podcasts, Amazon or any of that. Nobody was doing it and my expectation was to sacrifice, work hard and grind for decades to hopefully have an extra dozen houses or so paid off at retirement. Now the success stories and 10x rules make you feel like a loser if you don't have a dozen or 100 a year.

Learning from a fire hydrant of concepts and ideas isn't always best. I checked out 1 book at a time, sometimes the only one on RE available at that library. Master something as opposed to knowing a little about everything. Squirrel! Just read about how that gal is killing it wrapping lease option mortgages inside a triple syndicated lending STR flip!

Thanks for the reality check even if on the dramatic side. It's not all roses and cashing fat checks.

I am looking to purchase a buy and hold investment rowhome in the Deanwood neighborhood of Washington DC. What are folk's recommendations for forming an LLC to buy the property vs. buying it in my name, keeping in mind rent control restrictions if owned by an LLC? My plan is to try to build a portfolio of 5 properties so unsure if I should create serial LLCs or keep them in my personal name as not to limit rent increases in a potentially gentrifying area. Any thoughts would be greatly appreciated.

@Russell Brazil That's interesting. In Anne Arundel it's Severna, just to the east of Fort Meade. Baltimore County, going out we're talking outside the beltway toward Owings Mills. Why do you like Anne Arundel better? I haven't invested there yet. 

A higher end flip/remodel master bath we are currently working on. Not cheap but gives you an idea of what you can do just by changing your pattern. Euro style glass door and glass panel above the knee wall.

The RE market here in Philadelphia is very expensive. And multifamily is so competitive. Every good deal is being snached by the cash buyers the first day it's on the market. How did you start investing in out of state? How did you learn the market? Do you have any friends or partners there?