All Forum Posts by: Tyson Moulton
Tyson Moulton has started 3 posts and replied 3 times.
Post: Terms for partnering with an investor
- Colchester, VT
- Posts 3
- Votes 0
I'm working with an investor to fund the purchase of a buy and hold residential multi-family property and am wondering what typical terms are for this type of partnership. The investor will be silent, but will fund 100% of the deal. I will find and negotiate the deal and manage the property. My question is how would this property be split including equity, cash flow and expense.
Thanks,
Tyson
Post: New Investor from Vermont
- Colchester, VT
- Posts 3
- Votes 0
Hello BP!
My name is Tyson Moulton and I am a new investor in the greater Burlington area of Vermont. I work in Planning, Design and Construction and Facilities Management at a local hospital and have a Masters degree in Construction Management from Arizona State University (Go Sun Devils).
I am interested primarily in buy and hold multifamily properties. My long term goal is to replace my income with rental income within the next ten years. My short term goal is to purchase a multifamily property in 2015 that returns 20 - 25% cash-on-cash. I working on becoming familiar with the real estate landscape in my area, but am also interested in investing from a far; it's more about the numbers than the location. I see some challenges in the local market (high first cost, high property taxes, older building stock, etc...) but also see a lot of positives (low vacancy rates, stable real estate prices). I'm hoping that I can find some help making sense of all the options.
I am excited to get started and looking forward to building relationships with other like minded individuals.
Hi all,
I'm new to real estate investing and looking to start out with a buy and hold multi-family. I've been reading a lot of posts on BiggerPockets and listening to podcasts; these have been really helpful in beginning to develop a strategy. This brings me to my question; local market or out of state. I live in a area with high real estate costs, high taxes and low inventory. Most properties that I've seen would either have low returns or are just out of my price and comfort range for a first property. Should I hold out for a deal in my local market or begin looking out of state?