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

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)