All Forum Posts by: Joshua Mason

@Ryan Santelises You should reach out to rent to retirement. I know some of their new build are sold well below market value that have a lot of equity. A friend of mine who did a new build with them in FL that was all in under $260k and the home is projected to sell above $400k. It would rent out for $2500 a month producing double digit ROI and over $600/month cash flow. Might be worth looking into as those returns are hard to beat from what I have seen so far. @Adam Sieg is another person doing new consruction with them that may be able to expand on the numbers more. 

Aside from Florida I know they also have inventory in some of the other areas you are talking about as well. Hope that helps!

Hi @Justin Schrey, I would recommend checking out rent to retirement. They have been a big help to me in starting as a newbie investor specifically looking out of state as well as the market I live in is very expensive. I believe they have some inventory in the Kansas area. 

Wishing you luck in your REI endeavors!

Quote from :

have you used deal analyzers or calculators? there are some pretty simple ones out there, including the biggerpockets ones that really help you capture all the necessary numbers and runs the analysis for you.

We use a couple, happy to share any of those if interested.

 I would love if you would be able to share those! Thanks @Nathan Murith!

Hi Arjun, 

Thanks for sharing your feedback! I had a friend go with one of the new builds in FL with RTR and they were very pleased. I have heard that area has a lot of potential. 

I look forward to hearing more about your experiences with all of this! 

Quote from @Allen Wu:

@Kerry Pangan

Open to everyone’s feedback. I keep it simple and used this:

a) mortgage and interest

b) property tax

c) insurance

D) HoA and other utilities / feeds

E) property Mgmt fee

F) 15% of rental price

The some of above monthly cost is my all in cost. So if rent comes in higher than above, I’m in the green and I’ll move on a deal only if it’s in a class A or B area. I do not invest in C or D high cash flow areas.

This is great! I am a newbie and have always wondered what running the numbers looks like in a simplified way. Thanks! 

I am wondering if there is any other numbers that you look at in addition to these sometimes?

Hi Martin, I have found rent to retirement to have alot of valuable information regarding out of state investing. They are very reputable here on bigger pockets and operate in some great markets. 

There are lots of forums talking about them along with other turnkey companies on here.

One great advantage I have learned about OOS investing is that you can access much better markets than where you live alot of the time. You also can often find areas that have much better returns as well. 

Some of the disadvantages would maybe be the fact that you have less control, but I believe that if you can get connected with the right company who can walk you through the process that you will be able to have a smooth and easy investment process. 

Hope that helps!

Mitch, thanks for posting your experience. I too have been looking into RTR and from what I have read it seems like their cash flow often exceeds projections! I am wondering if you ended up working with them and what your experience has been? 

Again, thanks for the post, look forward to hearing from you!

My wife and I are looking to move to Calgary from Edmonton this summer. I am looking for other people to connect with in the area, would love to be involved with a BP group down there. 

Also, I am wondering if anyone knows of any good agents/realtors in the Calgary area to get connected with? Specifically one who is investment minded as well! 

Look forward to hearing back from other Calgary investors!

Quote from @Stevo Sun:

Quote from @Ockert Kruger:

Canada doesn't nearly have the same amount of information access as those in the US do - have you been able to find any off market deals in Canada, specifically Alberta? Any suggestions or advice?

If you've had any success please share and discuss.

 I'm in Calgary! Looking to build a bit of a Canadian community, just using Reddit at the moment. Let me know if you want the link. I have successfully closed one property that's off-market. It was just a neighbor's house, I had mentioned that I would like to know if they were selling. Sure enough, two years later they wanted to sell and I was able to pick it up through a private sale.

 Stevo, I would love to be included in this. Hope to hear from you soon!