All Forum Posts by: Chris Brown

Hello….I am looking for ideas on software or any other options for building a pro forma for possible cash partners within my business plan. Need something simple, elegant and easy to understand for taking an assumed set of properties, purchase price, cash needed, rehab or not, CoC return, and long term returns, short and long-term rentals.

Hoping to find something a little more elegant and streamlined than BP calculators.

Thanks!

I am interested in possible meetups in the area. 

Hello BP Members.....my partner and I are branching into a commercial office space with our business as one of the tenants. We have an investor/partner looking to provide cash for the deal, most likely 25-30% of the purchase price. We will manage the property. We are looking for best practice scenarios of a general partnership split for the building. I am inclined to go in the direction of 50% cash provider and 50% to us to split. Again, we will manage the property and additional tenants. I look forward to hearing your best practice ideas.

Hello....We are looking to acquire buy and hold multi-family and single family rentals in western and southern Kentucky. Think Henderson down to Mayfield and east to Bowling Green. Please get in touch to discuss if you are an investor looking to sell some properties and/or an agent who may have properties to sell.

@Shiloh Lundahl

$1MM without question. It really shouldn’t be much of a discussion amongst entrepreneurs. So many things that can be done to grow $1MM in a very amplified way.

I understand. Makes sense. Most experienced advisors use those private placement products as a piece of an overall strategy for some clients. Most of the mid to large size firms have a rigorous process for all investment securities to be approved and used with their platform, especially the case with private placements. You may be right that it could generate more interest overall. 

The most significant change and top bullet is all Series 7, 66 and 65 license holders are now naturally accredited regardless of asset level. Another important note is entity formation cannot be solely for purposes of investing in the private placement security. I agree very few, if any investors, will take series 7, 66 or 65 exams to be included in that group. There are easier ways to invest. The level of difficulty on those exams is up there. Would make no sense to go down that path. 

Hello Fellow Forum Members.......My partner and I are considering purchasing an office condo for a separate business entity we own. There will be an instant lease in place from our other entity. The separate entity is currently leasing space.

We need some guidance on valuing the property in order to generate numbers for an offer to the seller. Are there any members out there who have some experience in commercial and would be willing to give us some guidance and pitfalls to consider? 

I appreciate any help you can provide.

Best regards,

Hello Fellow Forum Members.......My partner and I are considering purchasing an office condo for a separate business entity we own. There will be an instant lease in place from our other entity. The separate entity is currently leasing space.

We need some guidance on valuing the property in order to generate numbers for an offer to the seller. Are there any members out there who have some experience in commercial and would be willing to give us some guidance and pitfalls to consider?

I appreciate any help you can provide.

Best regards,

Chris Brown