All Forum Posts by: Jesse Daconta

@Daniel Reyes

Hey Daniel,

I appreciate the post! 

I'll see if any of the other cities I'm interested in will have these websites. The Navy is going to send me over to Portsmouth, VA (terrible place to invest in my opinion) for three years in 2019. I have a feeling I'll be an out-of-state investor while I'm in Virginia. Hopefully I can use the city websites to help me refine my search.

Thanks again,

Jesse

What websites do you guys visit to check for future growth?

@Nathan Gesner

I'll check out www.narpm.org and thank you for the thorough response :)

Hey guys,

From your experience, what stores have the greatest impact on future growth? Example: Target, Walmart, etc...

Thank you,

Jesse

Hey guys,

Does anyone know an amazing property manager in Tucson, AZ?

Thanks,

Jesse

@Account Closed

That's a great idea! Do you call their corporate office? 

Thank you for your input :)

-Jesse

Hey guys,

I was wondering if anyone here has a good website or knows what profession to talk to in order to find new developing areas. Are there any websites that track future progress? For example, if I want to find out where future Walmarts/Targets/etc are going to develop, is there anything/anyone that can help us out?

Thank you,

Jesse

Hey guys,

I was wondering if anyone here has a good website or knows what profession to talk to in order to find new developing areas. Are there any websites that track future progress? For example, if I want to find out where future Walmarts/Targets/etc are going to develop, is there anything/anyone that can help us out?

Thank you,

Jesse

Hey guys,

Does the BRRRR strategy work well when you have over 10 properties? I hear that it's much harder to receive loans after 10 properties. Could anyone with experience shed some light on the subject? I'm worried that if you get a loan from a hard money lender after 10 properties that you'll have a difficult time refinancing. Is a bank more likely to refinance you if they see that you have significant equity in the house? Thanks guys!

I'm excited about going to an REIA meeting in Tucson, AZ on 11/6. Hit me up if I'll see you there!

-Jesse

@Anthony Wick

Thank you for sharing your experience with me! I'm happy to hear that you found partners you can trust and go into business with. I also agree that whether you're best friends or not that you absolutely need to have everything in writing. Hopefully, I'll be as seasoned as you one day with the whole process. It's interesting that you don't have an LLC for each property. Do you have a large umbrella policy to protect you from most liabilities (I'm inexperienced and am not sure about the specifics of an umbrella policy. I just know that everyone recommends one because it's relatively cheap for great protection)?

Thanks again for your post,

Jesse