All Forum Posts by: Jace Perry

What type of real estate are you wanting to learn about? How many hours per week do you need of mentorship?

How many other apartment complexes are within a 1-3-5 mile radius of your lot? Have you done research on if your market needs another complex?

Where in LA is it located? Can you post more information such as demographics etc?

Does anyone know where and how DealMachine.com pulls their information from? It is the most reasonable tool on the market for finding out who owns a particular property or parcel of land and I would like to know they were able to automate the process? 

Can you elaborate more on the types of questions or conversations to have during a cold call? Is there a script that you use? Thank you! 

Hello, I am looking for a research tool that is affordable and will provide important market research data for the areas I am looking at investing in. An ideal search tool would include market growth and the ability to pull comps. Thank you! 

Investment Info:

Large multi-family (5+ units) buy & hold investment in Coeur D'Alene.

Purchase price: $780,000
Cash invested: $50,000

Purchased at a 7.5 cap rate and will become a 10.5 cap after normalization.

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

Major cashflow mailbox money and major potential returns after normalization.

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

Broker/friend.

How did you finance this deal?

Non-recourse loan.

How did you add value to the deal?

Yes

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Yes.

Does anyone have a risk factor analysis on firepits/bbq's being a major risk of possibly burning down a multi-family building?

It is a bummer I cannot revise my post title... Anyone know how to delete or edit it?

Hello, I am a newer MF investor interested in what others are using for finding new deals and managing current ones. Thank you advance for your help!