All Forum Posts by: Sherman Dunn

@Omid A. Looks like private money lending is the way to go! Everyone is happy, everyone gets paid.

@Heidi Foster following

@Garrett Ellison you are right! Thanks so much for your input and happy investing!

@Anthony H. Hey man thanks for adding value to the thread! I’ll definitely take that into consideration, much appreciated!

@Garrett Ellison thanks for your input, same here. I’m not sure what the market will do in the next few years in this area, but I’m determined to buy based on cash flow, not potential equity ALTHOUGH it looks like it’ll be quite lucrative when the new construction is done. Do you have any thoughts on this?

@Lynn Dingler thanks for the reply. Is there a specific reason why?

Anyone having massive success on buy and hold real estate near LSU? It looks like since there is new growth on Burbank Dr. condos in the area are losing value, and so is the median rent on 3/2 and 2/2’s. Every analysis that I’ve made so far on each of the analyzed properties is showing low/negative cash flow. I know this area extremely well since I’ve been working here every day for the past several years.

@Stevie Delacruz Do it. Time is on your side. You have time to learn from failures and bounce back while you’re still young.

@Gino Barbaro thanks for the info, that’s exactly what I was looking for!

Thanks for the reply. My understanding is If an individual buys a SFR this year, using the stack method, they'd buy either (2) homes next year or a duplex, then the following year (4) units, and so on.

Or, 

One could compound the growth by purchasing (4) units the first year, then (16) units the following, then (64) after that. 

My question is, has anyone successfully completed these steps?