All Forum Posts by: Shiloh Lundahl

@James Wise like I mentioned above, I am not involved with his syndication. I am an operator so I invest in my own deals and some people invest in my deals too. But I do small deals with less moving parts that are more manageable for me.

@Jeff S. not everyone's goals in real estate are the same. Not everyone has the goal of th highest yield. That may be your goal, but it may not be Colin's goal.

@Colin Eilts what would your goal with this property be. You mention preservation but if it is running currently as an STR than it is probably being preserved right now. Is it at risk of being demolished? What is it about this specific piece of property that you are drawn to? What about this property would others be drawn to to the point of wanting to invest so much for a low return? What would the investors get out of it?

Hi @Tabitha Grant. I'm located in Gilbert, Arizona. I've done several flips. Where are you looking to flip and at what price point? There are lots of meet ups in Arizona to connect with other investors. There are the AZREIA meetings and I also host a meetup in Mesa, Arizona. Let me know if I can be of help.

@James Wise I don't think Brandon's story isn't too unique right now. in 2020, 2021, and 2022 a lot of people were getting into multifamily investing. The evaluations were based on cap rate. Lots of people purchased multifamily and other larger projects during that time with the planned exit to refinance at 4%, 5% or 6%. The problem that I'm seeing right now is that the market has pulled back and is more hesitant to invest in real estate, making values go down. Additionally, with higher interest rates, it's keeping a lot of refinances from happening. 

I'm not involved in this syndication so I don't know all of the moving parts or the expenses. But what I do know is that when people's expectations aren't met, they get pretty upset and then their mind goes to how they were swindled, or scammed, or how the person in charge didn't do their job.

I've met Branden and his family several times. There's a big difference between him and someone like Clayton Morris. I think Brandon is genuinely honest and has a lot of experience and connections in several areas of real estate. However, I don't think that he's at the level of someone like Ken McElroy, who lives in breathes multifamily real estate investing. But I also know that Branden is well connected with a lot of people like Ken and therefore has a lot of help and support when it comes to breaking into the multifamily market.

So I think that there may be some people trying to attribute nefarious reasons to a situation that may just be attributable to market conditions. 

Hey@James Nelson welcome back. It's always good to learn new things. I'd be interested in learning what you know about buying HUD homes.

Hi Jacob, welcome to the BiggerPockets community. When starting out, I would encourage you to ask yourself a couple of questions to direct your learning.

1. What type of real estate interests me. It is hard to go in too many directions so I would encourage you to just pick one. 

2. What are the resources you are starting out with. This will let you know where to start. If you don't have any of your own money then you will need to start a certain way and if you do then you have more options.

3. Where are you interested in investing. Local or distant?

Good luck to you and again, welcome.

I am excited for BPCON2025 and I wanted to reach out to everyone going to see what you are most exited about and what you want to get out of the conference this year.

I will start. I am looking forward to meeting up with great investor friends that I have made through BiggerPockets and I hope to meet new ones.  

What are you most excited about?

Hi Julio, I have some properties in Costa Rica and I go there 4-5 times a year to host retreats.  (https://costaricaprivateresorts.com/).  What type of real estate transactions are you looking to do from Costa Rica?

Hi @Colin Charles. I own some properties in Costa Rica (https://costaricaprivateresorts.com/). I did not buy them with an IRA. I bought them with partners and we rent them out as small luxury private resorts. But I have learned a lot about real estate in Costa Rica. And I would say you can find seller financing deals there a lot since it is hard for foreigners to get loans there. Also, there are a few US companies that are offering loans there but I can't say if they are good because they have not given ma a loan yet. I don't think the SDIRA rout would work on foreign investments though.