All Forum Posts by: Bruce Thomas

Did you start from single family? Family already in the real estate business? Those are just a few examples. I am curious to know how everyone got started. Please forgive me if someone has a topic like this already.

Nice to see Oklahoma City in the top 50 compared to last year.

http://www.newgeography.com/content/002792-all-cities-rankings-2012-best-cities-job-growth

Congrats Sabrina. This is wonderful news and my may the Lord be with you for the rest of your days!

Thanks Jon. I can swing $5 bucks. That is a lot better than $200-$300 like I was seeing. Yes, it would be a loan that I'm looking for. Thanks again.

Any recommendations on who to contact as far as private investors for assistance on down payments? I need some folks to run my deals by to see if they would be interested. Seems like most of these online services charge you to post request for funding. Any recommendations would greatly be appreciated. Thanks in advance!

Thanks Dion. As far occupancy and vacancy in the area, I don't know yet. I am doing some of my homework in the next couple of days on that and other things. Yes your thoughts does help out a lot. Any others with tips or ideas on this subject?

61 units

Thanks Dion. I am supposed to be receiving the current profit-loss today on two properties. One I don't have the current occupancy and the other is 90%.

I will be making my first offer on a couple of properties sometime next week and had a question or two. This will be a master lease offer (LOI). I know I will offer on the current state of the property (NOI and Average Cap rate for the area) but my question is on the lease amount I should offer? I know the lease is not supposed to be over the current monthly NOI but do I offer the current NOI or under that amount that amount to get some kind of return until the other units are rented out? Any help would greatly be appreciated.

I was able to download it. Thanks again!