All Forum Posts by: Ross Williams
Ross Williams has started 11 posts and replied 77 times.
Post: What percentage of Cash on cash do you think is good
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
Quote from @Peter Jin:
Hi,
I am just curious about your options. When underwriting a deal, what percentage of Cash on cash return do you think is a good deal?
5-10%, 10-15%, 15-20%, more than 20%.
Thanks.
The answer is: "It depends." But for a stabilized Class B multifamily in this market, for example, my bare minimum would be 10%, "depending" on how much brain damage the building caused me (even though I use a management company) and what the appreciation potential is (which I never assume more than the rate of inflation, tops) etc. 12%+ is what I'm after. My mental calculus is that I want returns in excess of 25% above what the passive S&P 500 Index has returned historically (~8%). But that's just me. Your risk tolerance might be greater or lesser than mine.
Post: Propstream or Batchleads?
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
I kept Propstream. They are both good; personal preference. As stated in this thread, I believe BL does not let you keep your data if you leave the platform which is not good business practice, IMO.
Post: Best skip tracing website?
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
Quote from @Stephen Bezouska:
Quote from @Christina Hall:
I have been using PropStream and their contact data has been very poor. Lots of wrong/bad numbers and high email bounce rate. Also the hit rate per property is really low. Of 1k properties only 20-30% may have any contact info at all. What are some good alternatives? have looked into Batchleads as well but quality of data looks comparable
Check out traceestate.com $0.08 per individual and $0.15 per LLC. I have been using them and the sourcing people they incorporated for a few years now and the accuracy of returned contact information has always been above 90%.
I have to ask Stephen, and no offense; are you associated or receive compensation from traceestate.com? I've seen a few posts from you about them. Thanks.
Post: Best skip tracing website?
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
Quote from @Stephen Bezouska:
Quote from @Christina Hall:
I have been using PropStream and their contact data has been very poor. Lots of wrong/bad numbers and high email bounce rate. Also the hit rate per property is really low. Of 1k properties only 20-30% may have any contact info at all. What are some good alternatives? have looked into Batchleads as well but quality of data looks comparable
Check out traceestate.com $0.08 per individual and $0.15 per LLC. I have been using them and the sourcing people they incorporated for a few years now and the accuracy of returned contact information has always been above 90%.
I have to ask Stephen, and no offense; are you associated or receive compensation from traceestate.com? I've seen a few posts from you about them. Thanks.
Post: Mojo Dialer Skip Tracing
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
Quote from @Jason Allen:
Quote from @Christopher Petrillo:
I have been using Batch Skip Tracing.com to skip trace all of my leads, but now that I have Mojo I wasn't sure if I should sign up for the skip tracing service with them. They would be cheaper, but is it "you get what you paid for."
We get better results using skip tracing services out side of Mojo.
What are they?
Post: Has Anyone Used Corey Sperber's A.I. Real Estate Program?
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
The guy is a world-class marketer, but they all are. Would welcome any techie-type real estate investor's opinions on how to use A.I. to finds leads and deals. Thanks.
Post: Best markets in Texas to invest in Multifamily Properties for Cashflow?
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
What sub-markets of these cities would you look at that me be more off the radar? I'm a Boston area multi-family investor and fed up with the landlord-unfriendly laws here. Looking for a multifamily specialist broker also. Thanks.
Post: Considering Dallas And Atlanta For Multifamily Investing. Thoughts Or Ideas?
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
Thanks.
Post: Considering Dallas And Atlanta For Multifamily Investing. Thoughts Or Ideas?
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
Great. Thanks.
Post: Considering Dallas And Atlanta For Multifamily Investing. Thoughts Or Ideas?
- Investor
- Boston MA, Big Sky MT
- Posts 78
- Votes 67
Tough to make the numbers work here in Boston. Looking for out-of-the-box strategies or ideas. Thanks in advance!