All Forum Posts by: Account Closed

@AJ Shepard

Glad to hear of your success AJ! This is exciting to read.

A few more questions if you didn’t mind;

1. What pieces of education were the best in your journey leading up to your first large deal?

2. How much money do you pocket on a upfront basis and reoccuring basis on a deal?

- I’ve always wondered how much the structure of the deal effects profits and what a real example of how much a deal actually makes an investor would look like.

@David Shiling

No emotions. I manage my units like a business. All actions are based off systems and procedures w/ a little bit of compassion when appropriate.

I'm a self-invested landlord w/ 10 units who wants to syndicate larger multifamily and commercial. 

What are the recommended steps I should take to my first syndication deal? 

Is it worth it to take mentorship/coaching courses like Dave Lindahl's RE Mentor or Michael Blank's course? Or should I just read books to begin with? If so, do you have any recommendations?

Thanks yall.

@Shiloh Lundahl

Awesome! I’m a new commercial investor so it’s really cool to see success stories like this.

Any recommendations on where to go or who to ask to find the average market CAP that appraisers would be using?

@Shiloh Lundahl

How did you estimate the ARV? Did you calculate NOI / Avg Cap Rates?

@Jill F.

Cap rates matter a lot in commercial real estate as it is used to validate a property via the income approach.

Income approach = NOI / Market Cap rate

@Ryan A.

There are more proven ways to make a return in RE than the stock market. Sure you can make a 7-10% return annually on RE, if we are talking cash flow for rental property anyways. However, let’s not forget the factors of property appreciation, tax write offs and debt pay down/equity.

@Deniqua Antoine

I’d take my time and not rush into my first deal. I was very excited to get started and ran into a bunch of lessons that I won’t make again.

@Josh Bugbee

Check out the free Bigger Pockets Beginners Guide to RE Investing Course online. It’s a very well put video course to help you discover your ideal niche that you want to focus on. Once you figure out your niche, study it, network a bunch with others in your niche and go from there.

I will be there this year! If anyone wants to meet up, I'll be hanging around Denver and landing about 2 days before the BEC. See you all there!