All Forum Posts by: Arsh M.

Hi everyone. 

I have a great deal in a prime location to develop 38 units (5 commercial 33 residential) in prime Manchester CT. I’m born and raised and this town is up next for big appreciation. 

Lots of profit and cash flow potential. 

asking 675k cash. 

Please DM and let me know when you messaged and I’ll send you further details on the property. 

Hi guys, 

I’m an investor and wholesaler. I’m looking to connect with experienced members of the North Carolina market to do as many transactions as possible, and efficiently as possible. 

I’m also looking to get my hands on investment properties in NC so this relationship is very important to me. 

I have 7 years of sales experience. I know how to structure deals in a variety of traditional and as well as unconventional ways. 

I look forward to connecting with open minded, experienced members of the market place with connections to great pieces of property and a means to start negotiations with key sellers. I’m looking to build serious long term relationships in this market place. Trust is important

If you are interested in connecting please reach out via comments or DM. 

Hi guys, I'm looking for a cash buyer on a deal I have under contract. It's a church in downtown new london CT. Its zoning permits multifamily residential. That's the best ROI exit strategy imo.

The area has a bunch of luxury developments all around and shopping and food.

The rents are very high, 2:1 mix is easily $2500/mo. Proforma NOI of $200k

if you or someone you know who’s a developer or skilled investor with the experience to pull this off, please connect me with them. Here’s the link with photos and proforma analysis of the deal.
https://drive.google.com/drive/folders/1oJSzWOeQWYMEa2_WO0cb...

Asking is 650k

Hi everyone, I apologize if this isn’t posted to the right board. 

I’m currently located in CT and interested in house hacking my next property out in Denver Colorado. 

I’m sure many of you can resonate with this; but I’ve spent my entire life in connecticut and feel like I’m doing myself a disservice by continuing to live in a place where I feel stagnant, career wise, socially, and environmentally. Connecticut is a beautiful place don’t get me wrong. But I feel to grow, I must expand my reach and change my environment. 

For that reason, I’m looking for a triplex or even better a quadplex to potentially house hack or even purchase and move into one of the units whenever one of the tenants leases ends. 

Ultimately I’m looking for an agent who is knowledgeable investor savvy and understands sub to and other creative finances concepts. I could really use the help of an agent who can help me get my foot in the door and lock up a deal that’s cash flowing and skirts the banks and the current high interest environment. 

I’m open to paying more on the purchase price if it’s cash flowing via seller finance / creative structure. It doesn’t matter as long as it’s sustainable in debt structure and strategy. 

Please reach out to me if you’re an agent and looking to partner up. I plan to buy more units once I’m over there and integrated further. Extremely motivated!!

I know there's a do not call list, but I don't have a means to filtering that out. I made one call today, and the guy asked for my name and address, which I stupidly provided because I was trying to be honest, I don't have anything to hide.

After he took the info he told me not to call and take him off his list, which I happily obliged and did. I approached the call stating I'm an investor, which I am, and was curious if they'd be interested in selling the house.

If this guy complains, or was potentially on a DNC registry, will I be in trouble? I wasn't selling any products or services in terms of solicitation. I was just trying to connect with the home owner to BUY his property if he were interested. am I stressing and over worrying and should just move on?

Quote from @Eliott Elias:

I use batch Skiptracing.

 I've made a few traces with them and it's been pretty good. It's a bit more expensive though, I figured, they all get the information from the same provider. I also had bugs when trying to insert a list I made and skip trace with batch skip tracing. I couldn't map the information no matter how hard I tried to click and change values. 

What do you recommend for building lists? prop stream? 

I spent $500 on skip tracing a propwire list with prop wire's skip tracing service. It's been 2 or 3 hours I've been calling this list and it's riddled with dead numbers, or more likely calls someone who is not even the owner of the property in question! I'm about to start a team of callers on these lists, but I don't want to waste their time or my time with these dead leads.

I'm thinking of charging back the expense with my credit card company because I'm pretty disappointed.

Does anyone have any solutions they'd recommend for getting accurate property owner phone numbers? How good is propstream skip trace or batch leads? I don't like the idea of spending $100 a month to access the list, and then spend .12-.15 cents per skip trace. Is there a great service that'll let me pull an accurate list and accurately skip trace? Any work arounds. 

Thank you guys

Quote from @Samuel Eddinger:

@Arsh M. - you source me a $1 Million plus deal and I would be happy to give you a hefty assignment.  I'm in CT but if you do it for me, stay out of Bridgeport, Hartford, and Waterbury.  I don't want to own in war zones.

What’s your buy box? Exit strategy/ goal? 

Quote from @Chris Seveney:

@Arsh M.

Lots of $ out there $1M is not a lot of $ today for real estate and plenty people out there have it or could get it

But one could argue the deal is worth less if it requires the investor to tie up 1M for cash purchase when it could be borrowed instead, no? Though they’d be making more cash flow without principal and interest payments to worry about

 
am I right or wrong with that consideration?

Quote from @Chris Seveney:

@Arsh M.

Why not get your realtors license ?

 I’m not sure if it’s as lucrative. Rather than taking 3% I feel I could make more structuring the deals thru wholesaling.