All Forum Posts by: Omar Khan

We're targeting low to mid-teens all in IRR (5 year holding period). Some richer folks I know are happy with high single digits. Everyone has different expectations and needs from their investments.

Yes and no. Yes, because technically everything is possible. No, because it is not feasible realistically. 

Either way, I'm just a random guy on the Internet. A real attorney should be walking you through this entire thing.

@Heath Clendenning How a transaction is structures and how distributions are paid out are 2 very different things. 

To my knowledge, you can not do the tax calc for your investors because you are not privy to the way they have structured their affairs. A safer structure would also include a separate (miniscule) % ownership for the asset managers (you) which is separate from the profits paid out to the GP/LP. This is to ensure that if (worst-case) scenario you are ousted as a the asset manager, you still have a share in the profits/income distributed to the GPs from the asset. 

@William Huston $200/door seems like an arbitrary #. Is there a reason behind this? Furthermore, for the properties you are mentioning, they are all going to be valued off comps and not income. In fact, most MFs are valued off comps regardless of how good or bad the income is. 

As @Theo Hicks has pointed out - focus on ROI and not on a $ amount. That normalizes your #s across various investing opportunities and gives you a true picture of how you're performing.

$50K coaching program - are you kidding me? Wow! You could get a real education, setup your business and have enough money for a serious online marketing campaign with that much capital.

You know the saying about when a person with money, meets a person with experience... 

P.S. Good for Dave Lindahl! If his company can convince people to fork over this much cash, they deserve to laugh all the way to the bank.

@Chai Jonn Regardless of which guru you go with you will still have to develop your own relationships to get into deals. People can open the door, you will have to walk through it. 

@John Fortes Building on @Todd Dexheimer response, in major markets (100+ units), it's not feasible to expect 10% CoC (avg. or YoY). Unless you find that elusive deal or have a lot of luck, you will be swimming upstream when targeting specific metrics in isolation.

As Todd said, I'd much rather take a relatively lower CoC return in a growing market than a higher CoC return in a meh market.

You can join my "ultra-special, premium deluxe, limited edition, diamond jubilee" club with only 200k spending. I will throw in (only for you) an exclusive 1-of-a-million t-shirt and Walmart swag. 

@Caleb Heimsoth and @Jim K. can attest to the power of my abilities. 

P.S. Also, 50%/month has been our worst month. 

@Ranga Ramanathan You have a solid investor in @John Casmon in your area. He should be able to provide solid insights.

@Ian McDonald Great info on offer by @Tyler Kastelberg. 

I would add that a lot of the subscriptions are expensive and not worth it if you're starting out. You can always request your broker to give you specific stats around market, sub-market, economics and other comps. 

An article you will find useful: Choosing the Right US Market To Invest In: The 4-Step Guide to Success