All Forum Posts by: Mason Weiss

I think an important piece to note is you will not end up at the same destination with both approaches. By acquiring more properties, you will create larger amounts of wealth diversified amongst several properties through leverage and appreciation. By removing risk, you create safety but the snowball does not go as quickly down the hill.

Hey Christian, I have a solid company that manages my clients properties in Buckeye. Shoot me a message if interested and I can connect you.

Hey James, there is a rent estimator under the tools section of the BP website. If you can't find it let me know. It is a good starting point if you are trying to build out rental comps in the area and then you want to dive into each property to see if they match the same criteria of your target property. 

Hey @Iman Kala, let me know if you want to chat! I have five investors under contract for investment properties right now, and one of those is seller finance. Lots of movement and deal flow if you choose the right team around you.

@Farooq K. you could acquire a property and self manage it as a short term rental. With this strategy you could do a cost segregation study and write it off against your W2 income. I would be hesitant if you don't have any passion for real estate investing but you might just need to find the right strategy that will get you a little more excited. Let me know if you want to discuss more!

@Sabrina Savillo - You have a good problem, a problem that will put you in a good spot with either choice. Selling and then buying two new properties will increase your overall risk but have the likely better return in a longer time horizon. I think there are other options at play with a potential cash out refi, acquiring a 2nd property while keeping the 1st, or even selling to acquire a 2-4 unit property instead of single family. 

You got options. If you want to talk through them further I can give you my insight by phone or even through a DM here on BP's site. Let me know!

Quote from @Kyle Barnhart:

Hello,

I got my first property last year and I am looking to grow my portfolio. Has anyone done well in the Phoenix area near Dbacks and Suns stadiums with renting out properties for Air BNB? I have seen townhouse and apartments selling for under 250k

I have an investor client who acquired a duplex about a mile south from the stadiums. He does well as there are many reasons that people want to be close to downtown outside of the sports games. HOA's could be obstacle though with a condo or townhouse.

Hey Rodney, some of my clients this year are purchasing single family homes and then dividing the house into multiple units for cash flow. This has worked well from a cash on cash return. BRRRR can work but you need to buy off market in order to see this strategy be effective.

Quote from @David Avery:

Hi Mason 

Hopefully you will have good attendance .

Will this be your first meeting?

thanks 

Dave

 No we have been doing these for over a year. Always a good turnout and great time for networking.

If you are looking to build connections in the real estate investing space, then join us for coffee and networking. This event is limited capacity so that true relationships can be built as we strive to help each other with our investing goals.

This meetup, we will discuss the NAR's recent settlement and what that might mean for the future of real estate transactions. Looking forward to hearing everyone's unique viewpoint and predictions!

Whether you are a seasoned investor or just starting out, this meetup will offer valuable insights and connections. You'll have the chance to meet like-minded individuals who share your passion for real estate investing, and talk strategies and deal flow in the current Arizona market.