All Forum Posts by: George Wendt

Can you email the addresses and information to [email protected] 

Thanks so much!

Hello, 

We have a few houses for sale that I thought I would share with BP.  

1.  3/2 in Lawrence.  B+ area. Rented to good tenant for 800 dollars / mo.  Asking 55K cash or 65K owner finance with 50% down. 

2.  Duplex outside Irvington B/B+ Area.  One side rents for 525 with a LONG term tenant which is well below market.  Other side that I updated is rented for 700.  So, total income i 1225/mo.  New roof, updated plumbing and electric.  Great house. Asking 110K cash or 130K with owner financing, again, 50% down. 

3.  West Side Home. B-/B area Recently updated and vacant.  I will place a tenant if you desire for 700/mo.  I will guarantee 3 months rent as well.  Asking 60K Cash or 78K Owner financing 

4.  Bates -Hendricks Home. B+/A-Area Home is a 3 bed/1 Bath I doubt this one is for the BP crowd but you never know.  House is on Terrace.  Literally across the street from a house that just sold for 150K.  Newly updated and asking 110K.  

5.  East side home.  Area B-/C+ 5 bed / 2 bath Rents for 800.  Looking for 45K cash or 60K owner finance with 50% down.  

Feel free to let me know if you have any questions.  

@Jeremy Krantz

@David Nadelstumph

One of my good friends here is a flipper who is also an investor agent.  I know he would be more than happy to help either of you find a good property.  Feel free to pm me if you want his details.  

I am also on @Russ Scheider's email list as well and although I still prefer out of state properties, I can certainly vouch that he has very good deals.  

I have a property in the 6200 block of Park Avenue in Broad Ripple.  I am looking for someone to help build a fourplex or eightplex and we split the rents from it.  If you wanted to build high end condos and sell them individually, my realtor thinks we could do that as well. 

Let me very clear: 

I am NOT looking for a 50/50 split.  You are putting in more capital than my land is worth so you will get the majority of the rewards. 

If you want to buy the lot, and small home as well, feel free to let me know.  

People looking to JV come first. I want long term cash flow, if possible.

@Derrick Craig 

Thanks for seconding the recommendation. You are absolutely correct.  I have never heard a better or kinder voice mail message in my life.  

How do you like investing in Memphis?

@Curt Davis 

Couldn't get the @ to work in the previous post.

@Curt Davis 

Thanks for the recommendation.  I just left him a message and look forward to chatting with him some time this week.  

How are you liking the Memphis market?

Hello, 

I am looking for multifamily and commercial realtors in Detroit and Memphis.  Does anyone here have any recommendations?

Thanks.

Hello, 

I am looking for a 100+ unit multifamily complex in Indianapolis.  No war zones.  

Some rehab would be ok but not a complete gut job.

Please private message me or email me at [email protected]

Thanks in advance.

First, I am not your lawyer.  

Adverse possession might not work in this case because it is unclear if it is hostile.  If the neighbor gave the right to use the garage, then it is (possibly) not hostile and that would probably kill the adverse possession claim.  

Again, not your lawyer.