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Updated over 8 years ago on . Most recent reply

User Stats

16
Posts
7
Votes
Leshon Hill
  • Boca Raton, FL
7
Votes |
16
Posts

ABILITY TO MAXIMIZE REAL ESTAT CAP RATE!!!!

Leshon Hill
  • Boca Raton, FL
Posted

Good morning my name is LeShon and I wanted to introduce myself to you. I currently live in South Florida, but I am from NY originally. I have been researching "normal" cap rates and seen that my business plan is exponential compared to the conventional cap rates. I am in the Drug Rehab/ Treatment business and will be starting my first Real Estate venture with a whopping cap rate of 50-60% on a hard money loan for only 3 years. I know you're probably thinking this can't be real, wrong! It is real and I would love to partner with any like minded people ready to make the love on returns like this. This is just one of the many ventures I will be getting in now knowing that the rate of return is so high. I would love to talk. Give me a shout back when you have the chance. Any insight of information on it as well I will be glad to discuss and also if anyone would like to get into this business let me know. There is a huge market down here in South Florida that i have multiple contracts and affiliations with. I have business plan outlines on what I am doing if interested please don't hesitate to contact me. As well as P/L, Balance Sheets.

LeShon

Most Popular Reply

User Stats

3,406
Posts
2,425
Votes
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
2,425
Votes |
3,406
Posts
Ryan Dossey
  • Real Estate Broker
  • Indianapolis, IN
Replied

I'm actually going to stick up for @Leshon Hill here. I really think this was just case of not understanding a few concepts and some of us defending "our" site. 

Leshon sent me a PM asking if we could hop on the phone so he could explain what he was trying to accomplish. After calling him out on another thread I was impressed with his boldness. Really is a nice guy and has a very cool story. He's new to the investing world and is here to learn so I can't fault that. 

Welcome to the site man! 

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