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All Forum Posts by: Theo Hicks

Theo Hicks has started 23 posts and replied 1085 times.

Post: When did you know to go all in?

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Austin Grant McDowell simply if you’re making much more money with real estate than in your job, whatever that may be in your situation and if your job consumes the time that could be used expanding the real estate business than you can make that transition which is going to be less stressful.

Post: Getting started, networking, and building wealth

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Filip Vydra local meet-ups are great place, also connecting with people online, there’s a lot of communities there, getting people on your podcast, helping some people to solve their problems, charity events.

Post: Number of income streams you have built

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Zach Temple great question,having one income stream could be enough, depending on how much access cash flow it produces every month or year. Imagine if you would own a 200+ unit complex vs 4 unit deal. That’s completely different income stream.

Post: What books are you reading to IMPROVE?!

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Lance Hitz there’s a ton of great books out there, did you check out “Best Ever Apartment Syndication Book”?

Post: I'm new the the real estate business

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Lizandro Castaneda II depends the market that you’re in and the property types that you’re looking to acquire.

Post: Finding Deals on LoopNet

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Paul Jelinek loopnet is one of those places that you don’t want to get your shopping done. Make contact and build relationships with local brokers in the top firms.

Post: Looking to Invest Out Of State

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Dannielle O'Buckley great question, there’s a process there for sure and you can grab a “Best Ever Apartment Syndication Book” to see that step by step due diligence process for your out of state deals.

Post: Raising private money

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Michel Midouin again, the key factor of building your successful real estate portfolio is in the relationships. Get educated about the real estate topic to make sure that those people can trust you with their hard earned money. 

Post: Multifamily Podcast Suggestion

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Jay Chang have you check the Best Real Estate Advice Ever by Joe Fairless?

Post: Raising money for multi family

Theo HicksPosted
  • Rental Property Investor
  • Tampa, FL
  • Posts 1,113
  • Votes 967

@Roy Conney as most of the people here mentioned, it all starts with your base relationships. You have to know the lingo, you have to show them that they can trust you with their initial investment. Again, most of the syndicators provide similar returns, so it all comes down to educated people and building relationships.