All Forum Posts by: Fred Sams

A great tool I have used for many years, they recently went nation-wide. There hyper-local marketing is 2nd to known.

I have been in that space for a few years on owner / operator side and the operator side. I am famiilar with ARF's

@Allison Meggison Hi i just came across your post were you able to find a RE attorney with focus on wholesaling? 

@Drew Brown I am familiar with California. Also the niche we spent most our time in was he DD (developmentally disabled). If that is the area of interest and focus, and your concentrating in Michigan ? Then I would suggest you find 

the similar legal and administrative directives per your state, if that makes sense for example in California we have the Title 22 & The Lanterman Act, you need to find those similar in your state. They lay out the requirement which help you understand your cost.

As for the pro's and cons, I think that weighs more on your(s) strengths and weaknesses. Because this is such a people 

and there issues intensive endeavor. You really have to decide your role, arms length ,., etc.  Another thought is to attend / show up to some of the required licensing and certification classes, meet some of the folks who have kicked the can furhter down the proverbial road of licensing. 

Im betting you might find some lucrative partnering opportunities. Drew hope that helps, I am happy to chat, give you my 2 cents. 

Fred

Oh yeah there are a  couple of good podcast's I have listened to Joe Fairless https://joefairless.com/podcast/  

JF1383 is a good one for starters.

@Shane H. Thanks I will look into it!

@Zach Quick / @George Fitz thanks for that softball George... 

Hey Zach 

Storage facilities are an excellent vertical for taking advantage of

accelerated depreciation.

Example of 15- year assets:

landscaping, parking, sidewalk, curbs, fencing, site lighting, security system,

drainage ditches and collection basins, monuments, signage, and much more.

Lets get you a benchmark so you will have a real good idea of what your cost seg benefits potential is.

What say you?

Fred Sams / Cost Segregation Specialist - Real Estate Broker

Go man Go!

@Anita Ortiz

Hi Anita, 

My wife and I are looking to attract small balance debt and equity, to participate in our scaling of Adult Residential Facilities-DD (developmentally disabled adults ages 22-59) ARF-DD. Building confidence, and trust along the way.

My wife and I both have 10+ years each working with this population in facility and clinical settings.

There is an increasing demand well into the future to provide quality care/housing to this population.

If done right this is a strong revenue generating niche.

Today we are looking to attract small balance debt and equity, to support the scaling of ARF-DD facilities.

In the last 2 months we have taken control (lease option to purchase) a SFR for this purpose. We are in the licensing process and approval steps which generally takes 3 – 6 months, before licensing completion, and being able to take on clients.

Right now needs involve exterior/interior TI’s tenant improvement’s, and some reserves.

Phase I (Current)

TI Improvements

Reserves $75,000

Phase II

Exercise lease option

$100,000 - $150,000 (20% down shared)

Secure long term debt (Fannie /Freddy)

Phase III

Develop out initial property $250,000

Control of additional ARF-DD $500,000 - $1.5 MM (transactional)

We are interested in understanding if, you can provide some expertise in helping us identify the best fit structure’s to seek financing:

Starting the facility, opening the facility, scaling the model.

I googled your facility address and it looks like a lovely property. Would appreciate any input you can share. Look forward to hearing from you.

Best

Fred & Rose / Casa De Fabiosa

@Alex Hamilton

Hi Alex,

My wife and I are looking to attract small balance debt and equity, to participate in our scaling of Adult Residential Facilities-DD (developmentally disabled adults ages 22-59) ARF-DD. Building confidence, and trust along the way.

My wife and I both have 10+ years each working with this population in facility and clinical settings.

There is an increasing demand well into the future to provide quality care/housing to this population.

If done right this is a strong revenue generating niche.

Today we are looking to attract small balance debt and equity, to support the scaling of ARF-DD facilities.

In the last 2 months we have taken control (lease option to purchase) a SFR for this purpose. We are in the licensing process and approval steps which generally takes 3 – 6 months, before licensing completion, and being able to take on clients.

Right now needs involve exterior/interior TI’s tenant improvement’s, and some reserves.

Phase I (Current)

TI Improvements

Reserves $75,000

Phase II

Exercise lease option

$100,000 - $150,000 (20% down shared)

Secure long term debt (Fannie /Freddy)

Phase III

Develop out initial property $250,000

Control of additional ARF-DD $500,000 - $1.5 MM (transactional)

We are interested in understanding if, this fits any of your origination buckets, or if you can provide some expertise in helping us identify the best fit structure’s to seek the financing:

Starting the facility, opening the facility, scaling the model.

I have of course pro forma and more detail, before barraging you I wanted you to respond with initial interest.

We appreciate your time and consideration.

Best

Fred & Rose / Casa De Fabiosa

@Ben A

Hi Ben Hi Bill, My wife and I are looking to attract small balance debt and equity, to participate in our scaling of Adult Residential Facilities-DD (developmentally disabled adults ages 22-59) ARF-DD. Building confidence, and trust along the way.

My wife and I both have 10+ years each working with this population in facility and clinical settings.

There is an increasing demand well into the future to provide quality care/housing to this population.

If done right this is a strong revenue generating niche.

Today we are looking to attract small balance debt and equity, to support the scaling of ARF-DD facilities.

In the last 2 months we have taken control (lease option to purchase) a SFR for this purpose. We are in the licensing process and approval steps which generally takes 3 – 6 months, before licensing completion, and being able to take on clients.

Right now needs involve exterior/interior TI’s tenant improvement’s, and some reserves.

Phase I (Current)

TI Improvements

Reserves $75,000

Phase II

Exercise lease option

$100,000 - $150,000 (20% down shared)

Secure long term debt (Fannie /Freddy)

Phase III

Develop out initial property $250,000

Control of additional ARF-DD $500,000 - $1.5 MM (transactional)

We are interested in understanding the best fit financing structure’s to seek and or avoid:

Starting the facility, opening the facility, scaling the model.

Look forward to  hearing from you.

Best

Fred & Rose / Casa De Fabiosa