All Forum Posts by: Kiley N.

@Alexis H. 

Great answers in this thread.  REIs come in all walks of life and finding what works for each individual, whether by preference or out of necessity, is the key.  The first step is to vet the most important partner in the partnership:  Yourself.  

Will you be a good partner?  

What are the strengths that you bring to the partnership?  

Where do you need gaps filled?  Money? Time? A certain skill? A sounding board?

The better you understand yourself the easier it will be to find the right tetris piece that fits with you and where you're going.  

Some have mentioned the mythical 'perfect partner'.  This could either be as random as someone you meet at a conference or online; or it could be your bathroom mirror.  Regardless, it'll be helpful to know yourself first in order to recognize what you need when you see it.  

Best of luck, 

Kiley (who has partners)

@Bastian Kneuse

Hey Bastian, is this one in Huntsville? Let's connect if so.

Take care man,

Kiley

@Miho Hatanaka

Congrats Miho!

@Blake Edwards

@Dave DeMarinis :  The 12 plex is in Harvest and is doing well, we achieved our EOY2 average target rent in month 6 and are getting EOY3 target rents in current rollovers (currently month 7 of ownership).  I agree with @Douglas Vogel that underwriting should remain conservative and disciplined - beating your own projections should be the gravy.  

I wouldn't say what I'm doing is a niche necessarily.  Just out to find good deals in any way I can.  We're currently under contract on another MFH deal closing in March and I'm on the lookout for the next one.  I'll have more capacity to hunt once we get past this current closing.  

@Douglas Vogel how' s the MFH in Bham?  I hear good things.

One week out.  Looking forward to learning from Aimee and getting an update on everyone's progress this year.  Make sure to RSVP at the link above.  

Have a great week everyone!

@Nghi Le

Awesome post man.  Congrats on finding that perfect balance.  

@Cobalt Blue Thanks for the shout out.  I would highly recommend checking out the posts by @Michael S. @Peter McDonough who frequently share their valued opinions from the ground level in Huntsville.  

@Lane Kawaoka are you bidding on those Decatur listings?

Looking forward to the final meeting of the year.

Let's close this one out with a bang and look ahead to a big 2020!

See you all soon,

Kiley

@Carolyn Clark

I organize a local meetup in downtown Honolulu:

https://www.biggerpockets.com/forums/521/topics/779772-rei-professionals-lunch-downtown-honolulu

As it happens, our next speaker is an attorney who will be discussing LLC formation.

Hope you can make it!