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All Forum Posts by: Candice T.

Candice T. has started 5 posts and replied 21 times.

Post: Land for development (Sunbelt states)

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Brandon P.:
Ok, you have a builder already agreeing to built with you? What other specifications besides 200+ units and a metro area are you requiring in your search?

 Messaging 

Post: Land for development (Sunbelt states)

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Brandon P.:
I don't have anything yet...but would Florida be something you may be interested in? Spec homes?

 Yes, I am actively monitoring Florida. 

Post: Land for development (Sunbelt states)

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14

Hi Community, I am on the hunt for land to build 200+ units in the sunbelt states. It must be in a metro/growing markets. Any resources?

Post: How to invest $20-25k?

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Rebecca Parker:

Absolutely! The custodian that I have my Roth IRA with offers many classes and have blogs about this strategy, too. And how to do it the correct way (no co-mingling of funds, understanding disqualified people, etc.)


Do they assist with transfers? I have a retirement account with Vanguard through a former employee I may consider converting. 

Post: New Investor in Warren Ohio

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Remington Lyman:
Originally posted by @Damian James:

I'm an out of state investor looking for homes in Warren, Ohio.  Where are the Class B and C neighborhoods located 

 Here is a solid map to help you out with investing in Warren, Ohio https://www.niche.com/places-t...


  Hi Remington, do you consider 44485 a favorable area to invest?

Post: New Investor in Warren Ohio

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Robert Arquilla:

Damien,

I like the NW side of warren. I used to live there and there are some decent neighborhoods in that area. You will just need to watch because the pockets of good neighborhoods drop off quickly to bad ones in certain areas. 

Let me know if you have any other questions about the area. 

 Hi Robert, do you consider 44485 a favorable area to invest?

Post: Where have you been successful in locating CRE props?

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Ronald Rohde:

Cold call directly. Thats what we do, mailers, texts, emails. Rank all the properties, give a metric score and start at the top.

You have narrow enough parameters, make a list of every single MF , it can't be more than a hundred...exclude recent sales, etc.


 Thanks. Where do you source your list?

Post: Where have you been successful in locating CRE props?

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Henry Clark:

With that info 

Recommend you make your deals.

1.  Use google search for apartments. Then look at google earth to look at them. Make a list.    
2.  Use tax GIS map and info to find owners and size square footage.    Down at the bottom will be other PIDs they own.  Check those out. 
3.   Develop a solution package.   Don’t just say you want to buy.  Be open to supporting 1031, owner financing, multi year phased purchase, retaining them for a year, putting down deposits for options to buy, whatever else helps them.  
4.    Only talk with the owners.  Talk with them every 6 months.  Ask them about properties.  No letters, no emails, no robo calls.  Personal contact.
5.  Make them actual offers. Subject to due diligence.  Do your home work.   

Make your deals.  Life will happen for these owners.  


 Thank you for the formula. I will explore!

Post: Where have you been successful in locating CRE props?

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Henry Clark:

What type of properties and what is your financial targets?  

What type of properties are you currently in?  

Thanks for the reply. Parameters include: large multi-family (50+) in the Columbus, Ohio area, 50k/unit or under, unconcerned about current cap rate, redevelopment yes but not looking for joint ventures.

Post: Where have you been successful in locating CRE props?

Candice T.Posted
  • Real Estate Broker
  • San Francisco, CA
  • Posts 24
  • Votes 14
Quote from @Account Closed:

Establishing and nurturing broker's relationships. 8 out of 9 CRE we closed in last 12 months were off market transactions.

Steady action taken daily, thanks