All Forum Posts by: Kay Kay Singh

@ Aamir Shah I would not say go for it unless you have a lot of knowledge and a team in place and you can not possibly have unless you invest out of state and I know you are in California and it is expensive there but you need to learn a lot before you start .

Tyler Wehrung if you apply the 50% rule your NOI is going to go down to $46150 and if you pay $525000 your cap rate is going to be 8.9% which is pretty good these days . I think it is a good deal.

David Calme or you can also send in your last two years returns if you are an accredited investor by income but if you are an accredited by net worth Then the above all are good.

@Shiloh Lundahl Congrats and thanks for sharing you story but look at my best deal.

My best deal in 2017 was a house bought at an auction for $23000 and spent about $2000 on fixing the plumbing under the house and rented it for $760.00 a month and after 3 months appraised for $46000 and used that house as downpayment and bought six more SFRs with no more money out of my pockets and bringing in a rent of $3100 a month.So basically with out of pocket $25000 bring in a rent of $3860 per month.

Erin Wicomb great job clearing everything about the syndications and also David Thompson has some really good information about syndications on BP blogs and also on there website www.thomsoninvesting.com

Count me in.

@Kent Chrisman @Jeff Chen @Ian Ippolito @David Thompson @Todd Dexheimer @Michael Bishop ant others

 A  great insight by all the seasoned Investors and Syndicators here on BP and it helped me a lot to write down a better Criteria  for my Investments and also to have a five year strategy and I will be posting my investment and criteria here in a few days but I am still expecting some more investors and syndicators to give me their thoughts on this.Thank you all very much.

@Sam Grooms Thank you very much for a great advise and as we go means as others chip in with their insight  I will be drafting my strategy and criteria for invest.And in the end I will post my criteria for investment here. 

5 years is my time frame and will reinvest the proceeds again and it is a legacy for my son and I will not be spending that for my retirement because I have my retirement secured.

I am an accredited invester and have invested in two syndications already . I have been reading a lot about Multifamily Syndications and have been following a lot of syndication threads and listened to a lot of Podcasts on syndication investing.I am planning to invest $500000.00 in syndications in next 5 years .I am trying to write down my criteria for an investing but have been distracting from my ideas So I request the genius investors and syndicators here on bigger pockets to help me finalize my criteria and strategy for my investment.