All Forum Posts by: Devin Marshall

Once you get the name then skip trace the info you find or google search the info send a letter to their new address or call/text and email.

Then get them to agree to a short sale or cash offer 

Reach out to an investor-friendly Real estate agent, That can get the deal from the bank and you work out a short sale up to the date of the auction.

Any time is a good time you just have to create the deals whether they are on the MLS or off the market they are there just keep looking and run the number's and then eventually they will just stick out to you like a sore thumb everywhere you look.

@James Wise I'm working on structuring my first 10+ unit now.

More money in one place less risk if something goes in the building there is money coming in to cover it like boiler or roof.

Great cash flow potential I can get to my financial freedom goals fast with the same amount of effort over a period if time.

No huge loss of capital gains tax like there is with doing flips. Easier to leverage when your looking to scale up.

You can sometimes purchase them at the same price if a single family home but most likely will need a bunch of work but once done huge equity and cash flow.

The list goes on.

Just a sold investment with huge upside.

https://www.facebook.com/ApostleJimmie

Try to use the $40,000 to get a line of credit. Some private or hard money lenders you can find in other groups on Facebook will give you a line of credit if you have liquid usually five times the amount you have in a bank account.  Check out this guy on facebook im sure he can help

@Shiloh Lundahl

Multiple sources of income.

Passive sources.

Vending

Laundromat

Storage units

Just to name a couple check out T. Harv Eker he talks about.

@Ryan Schumacher in Mass that is a find quote for 15 sq that works out to be around $533 a sq. Does the company have a website?

Yes the gravel/ options is the way to go. It's either that or new rubber roof which will cost $800 +/- a sq so the rate is fine.

You can put in for a insurance claim that will help take care of some of the hit of cost to repair/ replace the roof.

They will first ask you to repair or stop the leak then they will come and inspect the roof and then give you a quote/ budget of how much they will cover for your new roof installation.

Do you know how much your deductible is?

@Ray Hayward

Most GC's should be marking up the project 20-30% any. If not and you are trying to work out a JV as it seams then fill out a JV contract with the GC to cover your basis and open a joint LLC bank account and just split the equity/profit share at the end of the project after all expenses and expenses are paid for once everything goes as planned then give the bonus.

@Michael Arredondo

No problem

@Michael Arredondo

If there is no frost/freezing in your area then 3' is sufficient.