All Forum Posts by: Jason Hill

I came across what I thought would be a great deal a 16 unit apartment complex 8 of the units were gutted to the studs the other 8 needed to be gutted also. Talking to the extremely friendly wholesaler the property was going for what I thought was a steal 130k!! Doing my research and visiting the property I had to have it i got 3 of my buddies together 2 of them had above 720 credit scores (the money) the third was connected to some local and not so local contractors (the hammer). We get a contractor out to the unit and everything seems great. I wait about 24hrs and my phone lights up with an email notification.  It's the contractor with the bid.....400k 100k over the assessed value. My friends have money but not that kinda money unfortunately. To say the least I'm disappointed I won't be a owner of a apartment complex but hey at least i tried. There's really no question here just needed to vent.

You should reach out to Brian Adam's he is a local realtor here in Killeen he also runs a blog page and he's a BP member.

Can anyone recommend a great contractor in Killeen texas, that you have worked with?

Is there anyone who invest in 6+ MF's in Killeen tx? I would love to ask questions.

you should connect with bryan Adams here on BP hes from killeen hes a realtor who also invest in and around killeen I think he dose buy and hold on mfr. Hope this helps.

Any time. Let me know how it goes

@Evan Blade you can pull one off the net or BP file place BUT you should take it to a local real estate attorney. The small fee you pay now might save you in the long run from getting into hot water and costing you thousands. Hope this was helpful.

@Lolita Matthews try reading threw the blogs this one might be helpful https://www.biggerpockets.com/renewsblog/2009/12/21/6-ways-build-buyers-list/

The rehab is 5K?  Is it just paint and carpet? Or is that a typo?

you could probably put ad on craigslist saying something like "looking for local wholesalers asap" Then wait for your in box to blow up.