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All Forum Posts by: Ryan Blackstone

Ryan Blackstone has started 28 posts and replied 349 times.

Post: March NWA Investors Meetup

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

Join us for our monthly investors meeting on March 9th! Go ahead and mark your calendars for this event, and remember that we will continue to meet on the 2nd Wednesday of each month moving forward. Come learn, share, and network with other local investors in a fun, relaxed environment!

Post: Real Estate Accountant

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

@Rogerio Rocha Totally. I have to PM you so BP doesn't take the post down because it is against their rules. 

Post: New Investor to Northwest Arkansas

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

@Jack Marshall Congrats on graduating and landing a great job here! I have house hacked for about 6 years now. As long as my wife lets me, we will continue to live for free haha. Lets connect some time. Also, we have a meetup that meets every 2nd Wednesday of the month. I look forward to seeing you in the community. 

Post: Is Fayetteville Arkansas the next Austin Texas?

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

@Esteban Garcia Yes. They did buy a couple years ago just south of JB hunts home office. They went public about it a couple months ago. I think it is more of a public facing partnership with JB Hunt than a competition with Walmart. However, that would probably be a second motivation.

Post: Prairie Grove - NWA Buy & Hold Investment

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

Awesome! Congrats to your client! 6% cap on a single family seems like a good deal in this market.

Post: Rental Property Investing in Central Arkansas

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

@Logan Williams Congrats on getting into it. I would say an office space and business supplies could be a great win! You could also gear it toward traveling nurses. I would try and see when you need to raise or lower the prices based on the Gov Calendar of when people come in town. I would still try and attract other family and vacation travelers also. 

Post: New Arkansas investor here

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

@Cody Sparlin Welcome!!! If you are in NWA we have to meetups. One is an informal ask all questions and meet investors that is every second Wednesday of the month. @Kathleen Everitt runs another REI group. that meets at least once a week over different educational stuff. If you set up a "keyword" search on BP up for NWA, you will get notified of both meetups.

Post: February NWA Investors Meetup

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

Join us for our monthly investors meeting on February 9th! Go ahead and mark your calendars for this event, and remember that we will continue to meet on the 2nd Wednesday of each month moving forward. Come learn, share, and network with other local investors in a fun, relaxed environment!

Post: How To Finance 20 Unit Deals

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

@William Sing said it best! The only other option I see is to get a bank to give you 85% of the total ARV of the project. You would have to purchase it for under 85% of arv minus repairs. Or grab a money partner that would operate as a limited partner.

Post: NWA - Short Term Rental?

Ryan Blackstone
Posted
  • Real Estate Broker
  • Fayetteville, AR
  • Posts 372
  • Votes 240

@Daniel T Stockman it is tough. We have 500 homes active right now where we should have 11k (pre covid).