All Forum Posts by: Dustin Drummer

Investment Info:

Single-family residence buy & hold investment.

Rental Property near biggest industrial center in the world.

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

I grew up in Reno and have been working here as an Agent. I noticed that Fernley (A town east of Reno) has not experienced the massive appreciation Reno has but I am bullish because its the only direction Reno can expand and it is near the largest industrial center in the world - USA Parkway - and it already has a good rent roll.

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

MLS

How did you finance this deal?

Cash out Refi, family deal

How did you add value to the deal?

I found the deal, negotiated and got a deal below appraised value.

@Bradley Padula yeah I figured this out, thanks man!

@Dennis Wayne that’s awfully thoughtful of you but I have investors I must comply with, It’s not for me. It’s information for my investors. But thanks!

Is there any way to find how much the property is making in the tax report or bank report? All I found is the assessed value of the property. 

Hey everyone,

Im currently trying to set up a deal with myself and some investors, and the agent im in contact with just told me that the seller "isn't a rent roll type of person"

Im a pretty new investor, so I'm wondering what other ways I could find some sort of evidence of tenancy. I have read bank statements as well as tax reports. If so, how would I go about finding them? 

Thanks in advance!