All Forum Posts by: Ryan Blackstone

Getting into trouble is more about intention, and motivation. Put others first, and I don't think you will have an issue. Your responsibility is the help the public in all their real estate needs. The task to do that may be "wholesaling." I think what I am trying to say, is don't focus on the task, but your responsibility. 

I would recommend helping people. Sometimes those people need and want a wholesaler. It isn't the full job, but it is a tool in the tool-belt. 

@Jade Lindquist the best data, in my opinion, is presenting in the Skyline report. I can email you a copy if you DM me your email. Our student rentals are done on a annual basis, and it is very important for the leases to either end and begin in may or August. The big apartment student housing does 9 month leases often. If you wanted to do that, I would just factor the missing months and spread it over the 9 months. We are still at 2% vacancy and 9% annual growth. So, there is still room to go up on rents. We are seeing we have to in order to keep up with the new cap ex, and maintenance expense. 

Hey @Caleb Pitts. We have one here in NWA like Brandon was saying. It is typically every second wednesday of the month. We are debating for this month since it falls on Valentines day. I would expect all of the investors would be great dates, but I am not so sorry the significant others would appreciate it too much. 

Great question. I have more money than time. So I have filled my time up with other real estate activities like follow-ups. however, if you don't know what to do, cold calling is always great. It gets you really good at talking to people. 

@Aden Brust,

Man, I would really hone in on your goal. Honestly, you have to drive two cars in real estate. One you already started, and that is the passive income vehicle. This one answers the question: Where can I park my money to make a good passive return. The second one is the Capital growth vehicle. This one answers the question: How am I going to get more capital in order to feed my life now, and have extra to through it into the passive income vehicle. The capital growth vehicle could be flipping, wholesaling, agency, owning another business (photography), or just a high income job.

However, when searching for properties, pull the list for what you are wanting and hoping for, but don't say no to a flip. You could flip a property and then take all that new found capital and buy a duplex on market, because it will now cashflow with the amount of capital you put into the deal. 

My investors have found 1. Direct mail to be the best, 2. SEO greatest returns, but fewer deals, but when you get them they are home runs. 3. Cold calling. Choose one at first and get really good at it. Don't stop until you get a deal. 

Hey @Miguel Suarez,

My team and I help investors purchase here in Northwest Arkansas. I would actually start with your goals. What are you wanting out of this next property and how does it tie into your 5 year goal. When I first started I knew I wanted to 80k passive through rentals. So, my focus was more on cashflow and not Appreciation. Due to my goal, it kept me out of more high appreciation areas, and focus more multifamily, because they seemed to cash flow more. I also assessed my risk tolerance. I am not that risky of a guy, so I started with house hacking.

Once I knew my goal, I then calculated how many doors I needed to get there, and it was 22 doors. Just like any yield curve I started off buying 2 doors (a duplex) in year 1. Then another 2 doors (a duplex) in year 2. Year 3: 4 doors (2 more duplexes). Year 4: 4 doors (it actually ended up being storage units in a JV). Year 5: 10 doors (More storage and multi).

Now, if you want appreciation, I would look for the stabile, high growth, and I household income vs cost of living. 

We would love to help. My team and I help Henry Washington, and other great investors. I don't think you would have to be in the red to invest. I will DM you so we can set a time to chat. 

@Marc S. Bentonville will definitely provide the appreciation on your equity play more than it would cash flow. I am not saying you can't get a property that cashflows; its just harder. Most retail deals I see are equity plays and will cash flow once rent rates rise to the prices. Rent rates typically are lagging behind. We still have around 32 people move in a day, with us only building 2 houses a day. Our appreciation was 9% for 2023, when most of the other country stagnated or dropped. Overall, I am still investing here for both cashflow and appreciation. You just need a team around you, and invest in what you know and be ok thinking out of the box. 

I do believe more deals will arise and come, and would start investing. 

@Paul Lynch. Hey Paul. I don't think your goal is achievable in Bentonville unless you start marketing or cold calling heavily. We can get cashflow in Bentonville, but you have to get creative finding, financing, or renovating the property.