AAA361 What Are The Risks And Benefits of Long Term Ownership?-Preston Walls

Apr 1, 2020


In this podcast, you'll learn:

  • Why his strategy is to hold for a long period?

  • In growth markets, CAP rates tend to be low

  • 67-68% Loan to Value is the upper end for refinancing

  • Whats the most amount that you can pull out from a property in one single refinance?

  • How to Source Investors? Step 1: Friend and Family Step 2: Expand your network Step 3: Hire an investor relations person who can manage the date database of investors. -Produce monthly recaps of new projects -Develop new investor contacts -Reach out and follow up to investors -Hosting events -Attending events -Building walk through at projects that are on going

To connect with Preston, please visit (https://https://wallspropertygroupre.com/) or (https://https://www.wallspropertymanagement.com/)

Sponsor: FREE GIVEAWAY: Learn how you can implement the Fix & List strategy by watching Eric Young’s free video lesson at (https://www.fixandlistsecrets.com)

*And please go to iTunes to leave us a rating and write a review. Each review helps us reach a larger audience with your episode (https://podcasts.apple.com/us/podcast/creative-real-estate-podcast/id1285094279)



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