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Selling or Buying

Talbers

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Oct 15, 2012
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I have 3 SFR in Las Vegas. I purchased in 2011 and I have been thinking of selling them but they have been listed for a month now and we are moving into a slow time of year. Or financing them and buying a few more this winter. Eric Lynch had me approved

My original plan was to sell and buy more in Alberta. But I'm having a tough time finding
good deals and returns I'm use to. And after listening to Russell JV study I'm inspired to leverage my experience and align myself with a money partner to take advantage of a good deal when it presents itself. This way it seems I can almost have my cake and eat it to

Any thoughts or recommendations

Thanks
 

Thomas Beyer

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If you can't sell, price is probably too high.

US has more upside than Alberta for the next 2-3 years. Why AB now ? What's the rush ? Why not more in Las Vegas or AZ or TX ?
 
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Talbers

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Thanks Thomas, how much leverage is to much ? My risk tolerance is high and I'm 31 years old... If I purchased more in Las Vegas my cash flow would be minuscule and I would then almost be playing for capital appreciation. Which could lead to trouble
 
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Thomas Beyer

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Thanks Thomas, how much leverage is to much ? My risk tolerance is high and I'm 31 years old... If I purchased more in Las Vegas my cash flow would be minuscule and I would then almost be playing for capital appreciation. Which could lead to trouble

Isn't cash flow ( or lack thereof) a function of leverage ?
 

JROC

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Hi Talbers,

So you paid cash in 2011 and now thinking of financing them with Eric Lynch? By the way I have used Eric Lynch for 3 investment properties in AZ. He's a great guy! I would finance it pull some USD out and use that money for down payment for more properties in L.V. or AZ.
 

Talbers

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Hi JROC

I'm currently in the process of doing that! I think Eric is great, he is on top of his game. Hey man I will probably buy again in Las Vegas but I would like to buy a rental in AZ. Do you have any contact info for realtors? Property management you have used?

Thanks
 

JROC

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Hi Talbers,

Realtor Sanjog 602 770 6574, [email protected], He deals with a lot of investors.

Property Management -www.sundialaz.com, [email protected], 480 966 2170

Let me know how it goes in AZ and if you need some help picking some areas.
 
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