All Forum Posts by: Noah Swank

@Daniel Lozowy to me that comes down to what are their alternatives, if risk profile lines up with a bond then what are bonds paying? If high risk vacant commercial with big redevelopment risk then it better be double digits

There are a lot of good answer from smart people on here already so I'll simply add a twist, that being, what is the investors goal and timeline? 

A lot of the higher IRR deals are buy, fix, refinance/flip out and the investor get money back in fairly short order. At that point they have to find another deal to invest in and that downtime of not being invested reduces the lifetime return. This works for a investors with time to manage the in and out and is focused on capital growth.

On the flip side, some products offer longer term consistent returns or even focus on maximizing income streams at a lower IRR but with a lot less work and downtime which could be ideal for someone with a busy lifestyle or wanting true passivity for retirement

These rules are going to end up destroying property values in these states, it is a very sad experience to see the amount of socialistic attacks from people in the states right now, especially on the coasts. I feel very blessed to be in the Midwest during times like this although there are definitely socialistic trends in our area that will need to be stood up against to prevent similar outcomes. 

@ALYSSA Feliciano, something to thing about in current times in the stability of the local economy and government regulations. Are rents coming in well? Is the government supportive of landlords? For example, Seattle just passed a 6 month no-eviction law up there, would be a bad time to buy into that market.

Hi Kevin, PM your 30 year fixed options on KS investment properties. I have several clients that could get behind this. Thank you, Noah

Hey Lane,

We can help you in the Midwest, in particular Wichita, KS. 

Here is a link that highlights our PMP Experience Program that was built to do what you are looking for. 

https://www.youtube.com/watch?v=8sTLt_am1g4&feature=youtu.be

Take a look and let me know a time to chat further.

Talk soon,

Noah

@Joe Torkelson

Hi Joe, welcome to BP!

@Michelle Reid

The structure I've been involved with is setup as a every tool needed SERVICE company instead of an INVESTMENT company like a "turnkey" essentially buying and flipping out of the deal. 

In other words, a turn key may work as follows:

Turnkey buys real estate, fixes it up, rents it out and sells for a profit in return for their effort. They take a lot of the risk off the table for you, or an investor, which means less return upside too but can still work. 

A full-service company could resemble the following:

Work with client as an advisory resource to identify, underwrite (market analysis, construction costs, loan/capital structure), and then manage on-going performance. Market roles are real estate agent, construction company, property management company and financial adviser. All these guys get fee income but never own the real estate, they are taking the other side little risk but not equity upside/tax benefit etc. They also don't have to take every good deal because they aren't relying on the flip profit, which can provide the opportunity for you/investor to get a better overall return.

These are just general comments and providers can vary in services/structure/quality, etc. 

@Michelle Reid

Hi Michelle, you may want to work directly with a realtor/property management company that doesn’t squeeze all do the equity out before selling like a Wholeseller. We aren’t in the KC market but run a program of this nature for clients that you might be able to take advantage in KC or other locations of your preference. Definitely need someone you can trust and references are always good.