All Forum Posts by: Joe Villeneuve

I was literally about to say you are asking which is better, pizza or dumplings. I mean both can be good and bad, but aren't really the same thing.

Investing in multiple markets can mitigate risk and provide exposure to different economic cycles. Toledo, Ohio, as you mentioned, could be a good option for cash flow properties. However, it's wise to explore other markets as well, such as the Sunbelt region. which has seen strong population and job growth.

Leverage vs. All-Cash

Both strategies have pros and cons. Leveraging with mortgages allows you to acquire more properties and potentially higher returns, but also comes with more risk. All-cash purchases provide stability and simplicity but may limit your portfolio size.

A balanced approach could be:

Use a portion (e.g., $400k-$600k) to purchase a few smaller multifamily properties (2-4 units) in cash-flowing markets like Toledo. This provides immediate income and appreciation potential.

Allocate another portion (e.g., $200k-$400k) as down payments on larger multifamily properties (5-20 units) in growth markets, utilizing leverage. This can amplify returns but carries more risk.

Reserve some funds (e.g., $100k-$200k) for reserves, renovations, and future opportunities like syndications or funds.

@Joe Villeneuve he mentioned GC, manage & development, so I assumed he wasn't talking about property management:)

 I guess we will have to wait out the recession/depression setting in to see who is right. Lol.

@Joe Villeneuve, I thought so👍🏻!

@Michael Smythe, so I'd now ask you, what kind of license do you need to pull permits when you're the developer of an investment property?