All Forum Posts by: Joshua Hively

@KIMARD EGLETON

Did you ever find a cheaper alternative to list source?

Thanks for sharing! Needed a little motivation and you provided it!

I am new to investing and am trying to be involved in any real estate dealings I can, to learn and network. My investment strategy is to buy and hold small multi-family units and eventually move into some larger commercial properties. My Aunt flips about 1 SFR a year in A+ locations. She is set to close on a property next week. I have asked her if she would take me along so that I can learn the process. My goal is to learn about rehab cost, tracking finances, working with contractors and such. I have already been able to meet her inspector who she works with regularly. In an attempt to add value to her and the education they will be providing me, my thought is to hire a friend of mine who produces high quality video content for real estate agents and auctioneers(yes, there will be drone footage). The home is one owner since 1955 with minimal renovations so will make for a drastic change. This brings me to my question for you, my BP family. Do you have any advice, tips, strategies for creating such content? How valid of a strategy is this in adding value to her project? Should I strictly shoot before and after content, or some during rehab as well. What platforms should be used to help create a buzz for the sale. Should I use paid, targeted advertising on Facebook or other social platforms (this I have practically 0 knowledge of)? Any comment is so greatly appreciated. As always if anyone wants to just talk real estate, I would love to connect over email or a call. Or if you are local lets get coffee! Thank you!

Forgot to mention, we will be house hacking and doing all maintenance and management for a few years.

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*This link comes directly from our calculators, based on information input by the member who posted.

This is a highly sought after neighborhood in our city. There is a debate between partners about this property. This hopefully will settle the debate and add value to us calculating future deals. We are finding that a lot of deals on the MLS in this area are very similar to this. Thank you!

I am new to investing and am trying to be involved in any real estate dealings I can, to learn and network. My investment strategy is to buy and hold small multi-family units and eventually move into some larger commercial properties. My Aunt flips about 1 SFR a year in A+ locations. She is set to close on a property next week. I have asked her if she would take me along so that I can learn the process. My goal is to learn about rehab cost, tracking finances, working with contractors and such. I have already been able to meet her inspector who she works with regularly. In an attempt to add value to her and the education they will be providing me, my thought is to hire a friend of mine who produces high quality video content for real estate agents and auctioneers(yes, there will be drone footage). The home is one owner since 1955 with minimal renovations so will make for a drastic change. This brings me to my question for you, my BP family. Do you have any advice, tips, strategies for creating such content? How valid of a strategy is this in adding value to her project? Should I strictly shoot before and after content, or some during rehab as well. What platforms should be used to help create a buzz for the sale. Should I use paid, targeted advertising on Facebook or other social platforms (this I have practically 0 knowledge of)? Any comment is so greatly appreciated. As always if anyone wants to just talk real estate, I would love to connect over email or a call. Or if you are local lets get coffee! Thank you!

Hey Kyle. I also am trying to purchase my first small multi family in 2018. As far as investing out of state, I cant really say because I never have. But my basic understanding is if you have a solid team and the numbers work you should be fine. I currently live in Columbus and am looking to start my portfolio here and may branch out in a few years. Right now my partner and I are building our team and putting in some time in the streets learning neighborhoods, driving for dollars and networking with anyone we can get in touch with. Feel free to send me a PM and we can chat more or get on a call. Side note, @David Greene's book on long distance investing in next in the Audible queue and I am looking forward to it! Cheers!

We always talk about putting money aside for things like vacancies, CapEx, repairs, property management and such. I would love to hear the different opinions on what people are actually doing with said funds. I can see putting aside the money for repairs and CapEx to a certain amount . With a single property this seems pretty straight forward, just an emergency account. But how are folks managing this with multiple properties. At some point it seems that there could be a lot of funds tied up and not working for you.

Have you tried cash for keys?

Full disclosure, your market is very far away from mine. I have been reading a lot of house hacking post recently. Recently a lot of folks, when discussing house hacking, are referring to multi family properties. Let us not forget that house hacking single families is an option as well.