All Forum Posts by: Taylor L.

I host monthly events which you're welcome to attend. We have one tonight which can be found in the BP events section.

I'd be investing and looking for other sources of active income. You still have plenty of life left to live and costly parenting years ahead as well. 

 Hi Vince, in the commercial space buyers are rarely represented by brokers. Typically brokers just represent the seller. The buyer represents themselves. If the buyer wants representation then they will have to pay their representative.

 To add to this, publicly traded REITs can be fairly volatile, and there's nothing that investors can do to add value to their investment. Real estate investors generally consider REITs to be stocks, not real estate.

A true multifamily case study!

Chris Roberts of Sterling Rhino Capital joins us to walk through a case study of a difficult multifamily deal he and his team turned into a big success. We’ll dig into a past distressed multifamily property he turned into a $1.3 Million pay day, and how those lessons transformed his multifamily investing business.

You’ll learn:
- Running the numbers without financials (No T12s, no P&Ls)
- Dealing with deferred maintenance
- Forming a partnership
- Raising capital
- What to do when Capex winds up WAY higher than you expected
- Doing physical due diligence
- What to do if your deal falls out of contract
And more!

Our guest speaker Chris Roberts has been a full-time entrepreneur and real estate investor since 2007. Chris specializes in investor relations, commercial debt, and managing financials. Chris started his real estate career by renovating, flipping, building, and renting dozens of single-family residences, in addition to running his own property management company that manages his smaller assets. Chris is currently focused on helping others create passive cash flow through investing in larger, 100+ unit multifamily apartment buildings. Chris is personally invested in over 3,100 apartment units nationwide and has led Sterling Rhino Capital to acquire and control 1122 units across several assets in Virginia, Georgia, Texas and Denver with an estimated value of over $122MM.

Register here

Why not offer that service either for free or a steep discount to someone in your network? Do it for free at first to build a resume and references. Then expand. 

I'd strongly recommend checking out Alex Hormozi on YouTube. He has fantastic content centered around building a business and thinking about new products & services. Here's an awesome video from just the other day: https://www.youtube.com/watch?v=5MHQr-Z17Hc&ab_channel=AlexHormozi

Yes, it's possible but it's definitely not easy. @Hadar Orkibi is a good guy to look up, invests in the US from NZ.

Headline: "Too Many Rich People Bought Airbnbs. Now They’re Sitting Empty"

I'm sure this will be objective, fact based journalism :D

Any prepay penalties? Current LTV?

Investment risk can come from many angles. To start, there's the investment itself. A real estate deal can go the wrong way for so many reasons, it's really impossible to list all of them. 

Mitigating those risks oftentimes boils down to thorough physical due diligence, adequate reserves, conservative underwriting, properly structured debt (no near term balloon payments), and experienced teams. Of course if the operator is not behaving ethically with your money then that's a big risk as well.

As far as making an investment, it's always important to be on the lookout for wire fraud. Several investors have been caught by middleman attacks, where a hacker compromises the email chain & sends you (the passive investor) phony wire instructions. By the time anyone realizes what's wrong you've already wired your money away & can't recover it. Always confirm wiring instructions. If you can, try to stick with investor portal communications rather than emails.