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All Forum Posts by: Ernest Alexander

Ernest Alexander has started 7 posts and replied 50 times.

Post: Looking for first multi family in Indy!

Ernest AlexanderPosted
  • Investor
  • San Diego, CA
  • Posts 61
  • Votes 7

@Spencer Gray

I currently have a portfolio of SFR in East Indy, and am also seeking to buy MF in Indy. Where is a good starting point? Also, what lenders do you suggest to support?

Looking to stay below 10-15 units as a first deal and really focused on cash flow

Thanks for your time!

Post: Big Bear Vacation Rental

Ernest AlexanderPosted
  • Investor
  • San Diego, CA
  • Posts 61
  • Votes 7

@Mike R. Also interested in buying up there, ca you reach out to me as well?

Thanks,

Ernest

@Jaspreet Baveja- Since Covid and the financial markets, lender LTV requirements have change. I am also looking for alternative funding for buy and hold opportunities. Please PM to explore your options!

Thanks!

Ernest


@Lane Kawaoka- I currently have 4 rentals in Indy, am considering expanding to other markets.  Please PM so we can share info.

Thanks, 

Ernest

Post: looking for a CPA in SoCal

Ernest AlexanderPosted
  • Investor
  • San Diego, CA
  • Posts 61
  • Votes 7

You could try a cpa in San Diego by the name of Barry Lang

Post: LOOKING FOR CASH BUYERS, BUYING IN INDIANAPOLIS

Ernest AlexanderPosted
  • Investor
  • San Diego, CA
  • Posts 61
  • Votes 7

@Christopher Petrillo

Interested in being added to your buyers list:

Seeking:

60k-300k purchase price

SFR

Multi-Unit

Class: A&B

Max ARV with rehab 75%LTV

Medium to Light rehab (unless a multi family)

Cash buyer

619-846-8875

Ernest

Post: Seeking help with Comps with 25 Mixed use portfolio in Joplin, MO

Ernest AlexanderPosted
  • Investor
  • San Diego, CA
  • Posts 61
  • Votes 7

Hello BP,

I am in the process of buying a portfolio with 25 mixed-use (but mostly single-family rental properties) located throughout Joplin,  MO, and need assistance with comps in the local area before requesting formal appraisals. I know that this is a big ask that doesn't involve any immediate fee for this service; however, we are all here to establish relationships and this is not the only deal that I will close in the near future. If you are capable of helping me out, please reach out to me.

To note, I am only seeking for support from someone who knows the Joplin area.

Thanks for considering and reading my post!

Post: Seeking help with Comps with 18 Prop Portfolio in Detroit, MI

Ernest AlexanderPosted
  • Investor
  • San Diego, CA
  • Posts 61
  • Votes 7

First off, thanks for the guidance!  I've gone that route already, and I am just seeking to verify my numbers to ensure I didn't screw up somewhere down the line.  

Post: Opinions On Investing In Cleveland Ohio At A Distance

Ernest AlexanderPosted
  • Investor
  • San Diego, CA
  • Posts 61
  • Votes 7

@Robert Matelski

Hey Robert, I am from San Diego and also interested in that area. Can you please send me the data that you’ve gathered overtime?

Thanks,

Ernest

Post: Seeking help with Comps with 18 Prop Portfolio in Detroit, MI

Ernest AlexanderPosted
  • Investor
  • San Diego, CA
  • Posts 61
  • Votes 7

Hello BP family,

I am in the process of buying a portfolio with 18 Single-Family Rental Properties located throughout Detroit, MI, and need assistance with comps in the local area before requesting formal appraisals. I know that this is a big ask that doesn't involve any immediate fee for this service; however, we are all here to establish relationships, and this is not the only deal that I will close in the near future. If you are capable of helping me out with this within 72 hours, please reach out to me.

To note, I am only seeking for support with someone who knows the Detroit area.

Thanks for considering and reading my post!

Ernest