All Forum Posts by: Marcus Long

@Doug Spence Thanks for the kind words brother! Always happy to help in any way that I can. 

Cheers, 

Marcus

Hey @Fernando Parker, I am active duty Navy stationed in Cheltenham. We actually do a virtual European meetup once a month. Most attendees live in the UK or Germany, but we periodically have some in Italy, Spain, Ireland, etc. A majority are military stationed overseas, but we have a handful of expats as well. If you are interested in joining us sometime, feel free to drop me a message and I'll get you added to the distro. 

Cheers, 

Marcus

Hey @Adam Lacey ~ Let's connect. I might have a couple that I've spoken to and know others that have worked with them that might be a good fit or at least worth talking to. BTW, I lived in Parker before moving to the UK. Great area! 

Cheers, 

Marcus

@Joe Mathew @Nathan Cross is an investor and property manager in the STL area. He may be able to help out. 

Cheers, Marcus

@Randall Alan I completely agree that once you invest in a syndication as a passive investor you give up control of the decision making for that investment. However you do have control of who you invest with. I would not personally compare it to the stock market because (among many other reasons) it is difficult to get to know the CEOs or the companies that you are investing in the stock market. While there are certainly some large syndications in which that might be the case, I wouldn't "hope" that the Sponsor/GP is good and reputable..... I would take the time to get to know them. For syndications that I have invested in passively, I know the GPs well enough that I communicate with them (not specifically about the investment) every 1-4 weeks.   

@Adrienne Binder That is great that you have been working on the education piece through reading and other mediums. Aside from the phenomenal cast of speakers, I think one of the great things about Flip Hacking Live is being in the same room and connecting with the caliber of investors there. If you put some effort into building relationships, those people will be there for you to reach out to when you hit speed bumps in your own journey. 

I personally have never invested in commercial real estate through Fundrise or any similar platforms, but rather directly with the operators through 506(b) or 506(c) syndications. I eventually moved to the active side of these types of deals, but still hold multiple passive positions. The most active part for a Limited Partner (Passive) is finding a General Partner (Active) that they trust and that their investment goals are aligned. Once the investment is made, it is very passive for the Limited Partners. I'm happy to jump on a call sometime if you want to learn more about the structure of these investments as well as share things I learned from my passive investments and the types of questions I would be asking the General Partners. 

Cheers,
Marcus

@Adrienne Binder If I had the capital and wanted to learn how to wholesale or flip, I would probably invest a little in myself and attend an event like Flip Hacking Live. The event is filled with successful investors and very transparent about the systems and processes they use. 

Also, I like @Frank Rodrigues' recommendation to consider commercial multi-units. Depending on your interest you could pursue that as an active or passive investor. If you invest as a Limited Partner (passive), you can earn pretty solid returns, take advantage of bonus depreciation to offset active income from flipping or wholesaling, and ultimately when you get ready to move overseas it's very passive so you can easily continue to invest in that strategy without any major adjustments. 

Cheers, 

Marcus

@David Pere may be able to provide a recommendation? 

@Tyler McDonald I love that you have some longer term goals from real estate including foster care and non profits. @Doug Spence is an amazing resource and I know that both of us are committed to helping other military members in their real estate investing journey! Let us know how we can help! 

Cheers, 

Marcus

Hey @Jess Hanner ~ I'm currently stationed in the UK, but originally from MO myself. I am not personally a wholesaler, but my friend Bill Allen, hosts a phenomenal event every year focused on building systems for flipping and wholesaling. Like any in person event that requires travel, it is an investment to attend, but it might be worth considering at some point in your journey. I think the event is valuable enough that I'm actually flying back from the UK to attend next month. 

https://go.7figureflipping.com...

Cheers, 
Marcus