All Forum Posts by: Chris James Silva

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $4,000
Cash invested: $15,000

Bought land with 5 mobile homes on it cleaned it up now it's my construction yard.
I would like to buy the land behind me and convert it! 10 acres

What made you interested in investing in this type of deal?

Land value

How did you find this deal and how did you negotiate it?

Tax list . Told them to sell it

How did you finance this deal?

I cashed it

How did you add value to the deal?

Clean up

What was the outcome?

Love it

Lessons learned? Challenges?

Dumpster cost

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No

Hello yall from Texas glad to be here! Looking to connect with yall. Aloha !

Investment Info:

Single-family residence other investment.

Purchase price: $32,000
Cash invested: $100,000
Sale price: $168,000

New home build
Bought the land for 32k
100k total investment

What made you interested in investing in this type of deal?

I love the middle class sector

How did you find this deal and how did you negotiate it?

Watching YouTube 2019
Jerry Norton on wholesaling !
But I've been in construction 20 years so I know how to build homes.

How did you finance this deal?

Another pipeliner funded the entire deal plus lunch. I managed the fund plus contractors we split 50/50

How did you add value to the deal?

My extensive construction knowledge plus I can sell yellow snow !

What was the outcome?

I should not have been so afraid to fail which I have not yet ! Should have dropped out of high school and started back in 1997.

Lessons learned? Challenges?

Managing contractors. Not being so generous i love to help people but they love to take a mile!

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

No!