All Forum Posts by: Matt Engle

Welcome @Devin Elfers! If you're interested in pursuing multifamily deals, you should join us at the Columbus Multifamily Investors Meetup some time. It's currently virtual and on the last Wednesday of every month.

Welcome to BiggerPockets @Ken Derby! I am also in Columbus, OH, but we have a property on the west side of Indianapolis as well. Are you looking to invest in single family or multifamily properties?

Hi @Ken Lesiak. Welcome to BiggerPockets! There are many different ways to structure investment deals. It really depends on the asset (e.g. single family, multifamily, retail, etc.) Are you looking to be a general partner (deal sponsor) or limited partner (passive investor)?

Welcome to BiggerPockets @Alysha Johnson! 

1. It depends on the type of property you are investing in, but generally markets with increasing employment, multiple large employers, and increasing median income are good places to start looking.

2. Don't be afraid to dream big. For example, if you want to own apartment buildings, learn the business now. You don't have to spend years on single family homes if that is not your end goal. :)

Hi @Brandon Glass! Welcome to BiggerPockets! There are a lot of good books out there. The best ones are specific to the type of investment. Do you want to invest in single family rentals or multifamily?

Hi @Jennifer Konikoff! Welcome to BiggerPockets! I am based out of Columbus, Ohio but I have a passive investment in Fort Lauderdale. What is your ultimate goal (i.e. why are you investing in real estate)?

Hi William,

It is really up to you to decide who you can trust, however a good starting point is to get referrals from other investors who have in-house managers on their teams. Once you bring someone on board, it's essential that you are clear about your expectations.

Hi Pedro. What size/type of building are you looking to purchase? Also, if you know what your goals are, you can be strategic about how you use your $280,000.

Hi Roma. It would depend on the size of your multifamily rental. How many units are you looking to acquire? It may also be a good idea to meet investors at your local REIA and see if they have recommendations.

Hi @Alex Spahman, if you’re looking for completely passive income, flipping and active rental property investing will not get you there. Now, if you do your homework and have an all star team in place, buying and holding real estate can be mostly passive.

If you intend to focus your time on your full time job and other more important things in life, passive investing in a real estate syndication is a good option. A syndication is basically a partnership where a general partner (sponsor/manager) and limited partners (investors) acquire properties that they would not be able to purchase alone. Investing as a limited partner generates passive income for you without any of the operational responsibilities. If you pursue this route, be sure to do your due diligence on the deal and the sponsor. Not all sponsors are created equal.

Hope this helps. Good luck!