All Forum Posts by: Jordan Decuir

From a wealth-building and returns perspective, using OPM (and none of your own money) to get a few hundred dollars in cash flow is a home run in my book. Do this a few more times and you can also leverage the captured equity and cash flow to exponentially add to your portfolio.

Daniel Jarvis I would say that if you found a property and you will effectively get that property and the cash flow of $300+ per month without putting any cash in then it is a great deal!

I do $75 once it is late then $10 per day thereafter until it is brought current... I am in Texas though and Missouri may be less landlord-friendly. Also, I haven’t had a judge review my lease in court yet (knock on wood)

Thanks Todd Dexheimer Generally speaking, from a lender’s perspective (and I guess also ultimately Fannie’s and Freddie’s perspective when going for non-recourse/Low LTV terms), if an investor were to have 5 years of experience with a total of 50 doors, but none of which containing any property greater than 4 units, would this be considered “solid” or adequate experience? Strictly from the lender’s perspective...

Todd Dexheimer Brian Burke , when you say “get started with smaller properties”...I assume that you don’t mean anything with fewer than 5 unit, correct? From the perspective of building a track record of management/acquisition experience, is there much value placed on someone’s experience with 1-4 unit properties?

I think that could be a very interesting idea and opportunity. I have zero experience in that space but am interested to hear what other BPers have to contribute on the subject. Best of luck to you

The numbers look pretty good from my perspective. I see that you have vacancy, repair, and CAPEX in there. I always wonder what the general consensus is among investors on “make-ready” cost estimates when you have to turn a unit in the future. Is this part of your Vacancy or perhaps your Repair or CAPEX figure in your estimates?

Alejandra Perez Any updates on your lending situation here?

Tom S. How did you identify and begin to build a working relationship with a portfolio lender?

James Kojo Are you planning to trade in your SFRs to go into Multi-Family? Maybe as a passive investor on a deal or two? What does your SFR portfolio look like? Thanks for the podcast info. I have heard from a few folks that Todd Dexheimer has been killing it in Multifamily. That Target Market Insights podcast is also one that I have been interested in checking out. I hear about it on the Best RE Investing Podcast Ever with Joe Fairless, which is another good one, especially if you only have 20-30 minutes to spare at a time.