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All Forum Posts by: Joseph Chan

Joseph Chan has started 11 posts and replied 23 times.

Post: Looking for Oklahoma based Fix and Flippers

Joseph ChanPosted
  • Jersey City, NJ
  • Posts 23
  • Votes 13

My friend has a home 5343 N W Elm Ave, Lawton, OK 73505.  https://www.zillow.com/homes/5343-N-W-Elm-Ave,-Lawton,-OK-73505_rb/49475738_zpid/

It needs $25k of TLC.  He  is asking $50k and comps are $100-110k in the neighborhood.  Perfect for a quick flip.  If you have interest you can email Ben direct at [email protected].  Mention Joseph sent you and you will get a reply.

Post: Looking for NYC business development professionals

Joseph ChanPosted
  • Jersey City, NJ
  • Posts 23
  • Votes 13

Are you outgoing, confident, and looking for a lucrative side hustle? Are you a natural networker? Do you live/work in the New York City area? Why not earn commissions raising funds for real estate projects? If you enjoy hustling and networking, then you should consider working for www.vosht.com

We are a real estate development company with active projects. We are looking for savvy people (no real estate experience necessary) who are quick learners. We will teach you about our firm, our projects, and real estate. You will go to social functions and network with high net worth individuals and family offices.  You will use your network to source capital for our firm.  You will be paid commissions for money raised for our current project and any monies invested by your relationships for all future projects. 

I am a partner in charge of business development at Vosht. If this is interesting to you, please email me at [email protected] with the following 1) Resume 2) Brief cover letter why you should be considered for the role 3) Professional headshot. Incomplete applications will not be considered.

Post: Investing in Commercial RE with a Cannabis Tenant

Joseph ChanPosted
  • Jersey City, NJ
  • Posts 23
  • Votes 13

Hi BP,

  I'm helping to syndicate a 6.5mm all equity commercial RE deal in Westminster, MA.  As you may know, MA recently approved recreational sales of Cannabis.  For those interested to learn more about the deal, please PM me with your email.  Deal highlights are below.

This 10 acre piece of land is home to 120,000 square feet of industrial space with potential for expansion. The project is a 18.02% cash on cash without the use of debt.   Sponsor website - www.vosht.com

- Targeting 111.74% return at 10 CAP SALE

- Income at 120,000 SQFT addition projected at 18.02% Cash on Cash

- Target IRR 28.32% at 10 CAP SALE

- 12 months (or less) to complete tenant improvements

- Located in Cultivation Zone in Fitchburg – stable support from city

- Vosht has experience and track record with the city of Fitchburg (see last slide)

- Strong letters of intent and proof of funds from stable end users

- Permits to be obtained prior to close of escrow

- End user providing tenant improvements for deferred rent period

Total Value of Project - $6,415,000
Vosht Capital - $615,000 (10% Equity)
Capital Partner(s) - $5,800,000 (90% Equity)

Post: Self Storage and Mobile Home/RV park

Joseph ChanPosted
  • Jersey City, NJ
  • Posts 23
  • Votes 13

Didn't end up buying it @Kevin B.

@Jordan Moorhead I'm looking for full service where they buy, renovate, and manage tenants.

Does anybody have a recommendation for a turnkey property manager in the Austin, TX area?

Post: ARE YOU A BUSY OWNER LOOKING FOR COMMERCIAL RE LOAN?

Joseph ChanPosted
  • Jersey City, NJ
  • Posts 23
  • Votes 13

Dear Ladies and Gentlemen,

If you are a busy business owner/entrepreneur looking for a commercial loan for an acquisition or refinancing, then may I suggest my firm Guardian Property Advisors (www.guardianpropertyadvisors.com). Since debt service is usually the largest cost with regard to real estate, it makes sense to get the best possible terms. Our partners/advisors’ backgrounds are in commercial real estate finance and capital markets. We work with our clients to secure the best possible financing available for their specific scenario. We add value by working through special situation loans. We are very transparent and will let you know if we can or cannot help you. If you would like more information, I would welcome an opportunity for a brief conference call to explore if there are any opportunities for us to help each other.

Sincerely yours,

Joseph Chan

Managing Partner

Guardian Property Advisors

[email protected]

1-917-943-6696

www.guardianpropertyadvisors.com

Hi BP community.  I'm looking for recommendations for a NY lawyer who is familiar with drafting investor offering memorandums and investor subscription docs.  I'm raising money for deal specific as well as a fund.

Post: Residential and Commercial Movers for you and your tenants in NJ

Joseph ChanPosted
  • Jersey City, NJ
  • Posts 23
  • Votes 13

Pioneers in the industry, Lyndhurst Movers Inc understands that relocating can be an emotionally taxing experience. To help customers stay focused and on track with their move, we have developed a comprehensive and compassionate approach to organizing the entire process. We want to know every detail of your move and listen with an experienced ear. The result of this is a smooth transition into your new residence or place of business.  We primarily serve Northern New Jersey.

www.LyndhurstMovers.com

Email: [email protected]

Phone: 201-939-3769

Thank you @Rachel H..  Are you an active MH investor in TX?