All Forum Posts by: Jesse Daconta

Hey Marija,

Us and our investors used Equity Trust for some apartment syndications. The management and dashboard are excellent but anyone else other than management has had the intelligence of a Neanderthal (and we're not talking Planet of the Apes here).

I hope this helps,

Jesse

@Elizabeth M Williams

It depends on what you want your retirement to look like.

In my experience single family homes/small multifamily = job. Syndications/owning notes = passive income.

If you want to learn more about syndications, I recommend reading The Best Ever Apartment Syndication Book by Joe Fairless or you could connect with me on here.

Best,

@Jay Hinrichs

You can 1031 exchange into another deal with the same operator. Please message me if you know different :)

Best,

@Joshua S.

I personally use Less Annoying CRM. It's easy and cheap ($10 per month)

Best,

@Everett E.

I'm happy that you're putting that money to work instead of just letting it sit in a bank. I agree that stocks are overpriced. I personally invest in syndications because this allows me to 1031 tax exchange into something later unlike a lot of REITs.

Best,

@Brycyn Campbell

If you have enough equity in the home, you can refinance it to a conventional loan. This will allow you to use an FHA loan again.

Best,

Hey Sianni,

Grant Cardone and Michael Blank are little biased ;)

I personally love apartment complexes and I'm always happy to talk about them.

Best,

Hey Jamilson,

There are amazing deals in any market. You just need to put in the work to find them. Sometimes this requires more time than people anticipate. Saving $100k shows you have discipline and you know how to manage your finances.

I've personally stepped away from single family homes/small multifamily because they're like the stock market - sold/bought based on emotion.

Let me know if you want to connect/talk.

Best,

Hey Ginny,

He may want to look to see if it was considered an "investment" property by the IRS as well. The depreciation recapture may be more than he expects.

Best,

Hey Shaun,

I've had a good experience with @Bill S.

You may want to connect with him on this.

Best,