All Forum Posts by: Thi Huyhn

I'll have someone call you shortly @Kevin Greer thank you.

We have a client in Illinois looking for Fix and Flip money. Looking for reputable, and reasonable. 70% ARV.

Thank you...

@Mike Terry

You should consider Real Estate Crowdfunding.  For the person who has little free time and has a high income, 24/7 type job.   If ever say to yourself "even taking one day of means I lose $X," you should consider Real Estate Crowdfunding  You can invest in Real Estate without leaving your office.  

You are an accredited investor (net worth more than $1M or combined income greater than $300K) and not only are ALL investment open to you, but the different portals will court you for your business.  

You can purchase cash flow by buying  a % of a rental offered in a Real Estate Crowdfuding platform.  You can puchase debt secured by real estate, and % of a project, and receive a corresponding % of profit when that project sells.

If you have a ton of time, you can develop a relationship with a good Real Estate Broker, and eventually you'll trust them enough to rely on their opinion of a good deal.  When you do that you can save research time and let them do that for you.  The real estate professional that you need to find can't be found by calling a real estate office or clickinc on banner ad somewhere.

Agents or brokers you don't have a relationship with, who bring a property to you, are more than likely just trying to sell that property.  It may or may not be a good 'deal"

It is VERY difficult to find a professional who will guide you in your endeavor.  BP, this site, is probably the best tool at your disposal.

I know of a Real Estate Crowdfunding portal that in conjunction with a construction company will help and educate the novice to begin flipping.  

Very similar to you in fact.  Point in case Project manager of a plastic injection molding company makes $200K/yr.  Plastics company was purcahsed, new owner removing commission structure which will reduce salary by 50%.  He is starting a flipping business, so when his 1 year notice is up he's out.   First flip purchase with all cash, he could have used hard money but the first one usually takes longer. Hhe purchased to downsize into, and then sell his big house to get rid of large mortgage.   He has time to meet subs, order material, and management duties.   However, you can hire a Project Manager to handle all of that they usually charge 10-15% of end profit.

Bigger Profits is the best go to source to get objective help from professionals who know the business backwards and forwards.

Oh and my guess is, you'll get hooked on Real Estate Investing and not actually retire in 10 years.  You'll stile be investing actively

If you do what you love, you'll never work a day in your life.

You can message me for help or reach out to anyone else on this site you identify with for that matter.

Yes.  I'm not an Securities Attorney, but am learning.

Hi All!

I am a partner C0-Founder and General Counsel in a Real Estate Crowdfund start upWe're in a whirlwind of activity in the start up of all that we're doing.

He has given me the task of at least semi regularly checking the Real Estate Crowdfunding forum.  I'll be looking posts and information regarding Crowdfunding.