All Forum Posts by: Dan Wentworth

ISO contractor referrals to replace main support beam under house with termite damage. House is in downtown Jeffersonville & has basement & crawlspace. I seem to having difficulty getting anyone to call me back so any suggestions are appreciated.

These still available?  I need ASAP, can forward property info?

@Christopher Vincent

Hello Christoper,

Sounds like a nice goal. Have you ever syndicated an apartment deal of any size? 70+ units is a good size unless you have considerable capital. I would be interested in discussing this with you in more detail to explore the possibilities as an active investor. Drop me an email, wentworth.dan at gmail.com

@Raphael Collazo

Hello Raphael,

Trying to signup for the meetup tomorrow & it keeps telling me my email is already taken & won’t allow me to sign up. Email is wentworth.dan at gmail.com

Hello Matt,

I lived in Souther Indiana all my life.  RE taxess are definitely cheaper, appreciation is going to be based on mainly on the street your property is on, the condition of surrounding properties & how good of a deal you get on your property when you purchase.  You will have a difficult time finding a multifamily property for 200k on either side of the river in a decent area.  The 1% rule is a good rule of thumb if you can find it.  Not sure @ what stage you are in your investment career but if I had to do it over again I would buy a duplex for my first property, live in one & rent the other.  Rent prices are pretty similar on both sides of the river but I would troll facebook marketplace to get an idea of rents being charged in the areas you are interested in.

Good Luck

Dan Wentworth

Wow, fantastic replies!  I appreciate all suggestions as it goes a long way in helping me understand & appreciate broker relationships.  A big thanks to @Joel Owens for the detailed, first person view from the eyes of a commercial broker.  It seems I have some work to do in building a reputation & establishing relationships with brokers.  

@Alina Trigub

Excellent advice, I appreciate the input!

@James Storey

I agree & appreciate the advice.

@Taylor L.

Great advice! That was exactly what I was looking for as I don’t want to sour relationships before they start, thx again

Looking for suggestions on the best way to ask commercial brokers to send you off-market deals.  Should you offer to pay a flat fee if a deal is closed?  Wondering what's in it for them?