All Forum Posts by: James S.

Sorry for the late response, but I happen to look at your page and saw that you answered my question. I didn't get a notification for some reason. 

Overall, things sounds fruitful. You don't find many houses in Savannah with basements, if made functional, that is a pretty big selling feature. 

Did the quote from your contractor include materials? If so, how did you guys accurately figure that in to the bid? Did you guys purchase materials out of pocket, or did your contractor make the purchases and you guys simply made payments to your contractor?

 It feels good to get solid information from a fellow investor in the area. No bells and whistles, just info. 

Thanks, 

-James

This post went way left really quickly....  Take in the good advice and overlook the bad. This post is a reflection of the business, there are those who want to help and those who will offer "negative" criticism. 

Do business with integrity, seek advice from professionals, and do everything the legal way. Your doing the right thing by reaching out.  

Hang in there! Keep reaching out! and Be Encouraged! :)

Great Job!

With this being your first flip, could you tell us about how you structured the deal with your partner, how much you guys budgeted for repairs, and comps in the area?

Thanks,

J.

@Account Closed I came across this guys post on bp. If you download his e-book it has a sample deal package at the end. 

Check it out. 

http://www.themichaelblank.com/ebook-download-fl37...

@Joe Fairless I have read about your deals here on biggerpockets. Great job on what you have accomplished thus far. I would love to see one of your Offer Memorandum's. 

Thanks a million, 

James

 Greetings Chris, 

Would you give me a bit of insight on the size and scope of some of the development projects you have been involved in, and the type of projects your clients prefer? 

Condominium development is not too far off from multi-family or student housing development. I ask the question because in my market, Coastal Ga., there is opportunity for student housing development. Our city is changing at a pace that is more inviting for students, families, and young professionals wanting to live in a lively urban environment where living, dining, and entertainment is within walking distance. 

If I'm not mistaken, your profile read that you were from the NY area, and it has been proven that dollars from the North go very far here in the South (more bang for your buck).

Reach out to me when you can. 

Regards, 

James

Greetings and great job!

What type of payment structure do you have arranged with the property management company? On deals like this, do you normally give the current management company the boot? I have read where investors feel they receive the best management service for the property when the management company has a cut of the equity. 

Thoughts? 

Thanks a million!

@Mark Nolan Thanks a million for the warm welcome! 

Greetings!

My name is James and I’m an aspiring multi-family real estate investor from Savannah, Ga. Savannah is my home and I know this market very well. I'm here to meet new people, get exposure into new markets, and most importantly, LEARN new things!

Building healthy working relationships where everyone will win, is what I strive for everyday!

Let’s get to know one another.

Regards,

James

=Each one - Reach one=