All Forum Posts by: Scott Morongell

@Joel Senko Expenses for sure are low. Were you able to verify why?

@Beau Fannon I would say a broker who moves deals. If they don't have a lot of deal flow it may not be a great pick. If they do have good deal flow it is likely that they are a hustler and respond quickly.

I couldn't agree with you more! Appreciate your transparency and the value your adding to others on here.

@James G. So much valuable information already laid out by Brian and many others. From a high level:

Provide value to an operator already doing what you want to do

Build your brand

Tell people what your doing and why

Provide value to others that your ahead of 

Partner/raise capital with a more experience operator on a few deals (gain credibility)

Be a lead sponsor on deals moving forward or JV

@Aram V. I would suggest using it across a few multifamily syndications. You will be getting solid distributions investing in something like that. PM if you want to discuss further! 

@Reese Barker I think a lot depends on what your good at and what you like to do...If you love your current job and make great money, then investing your 100k passively in a syndication is a good idea. If you are good at remodeling and doing fix and flip type work maybe focus in that area. You could also do note investing with your 100k. Id be happy to talk further if you'd like. Send me a pm

@Michinori Kaneko thanks for sharing. Certainly something to think about. Maybe it's easier to become and expert in a different asset class as that time comes closer for you??

@Robin Lambert congrats on wanting to jump in to real estate. I'd love help you in any way possible. 

@Rick Howell Great post on capital. Another avenue that you eluded to in the private money section is syndication. If you do a syndication it may not turn out ugly like your mention. Just another strategy to think about for your readers here.

@Jarrod Gregory Definitely check out Kevin Bupp and his podcast. What made you like MHP over say self storage or multifamily? Any reason in particular? Look forward to hearing your response and best of luck as you grow you MHP empire!