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All Forum Posts by: Leo Goykhman

Leo Goykhman has started 7 posts and replied 28 times.

Post: Trying to pick up an apt building...

Leo GoykhmanPosted
  • Chicago, IL
  • Posts 29
  • Votes 25

@Wendell De Guzman

 thats a great idea. ill def do that. Thank you!

i appreciate all the feedback!

-Leo

Post: Trying to pick up an apt building...

Leo GoykhmanPosted
  • Chicago, IL
  • Posts 29
  • Votes 25

@Leon D.

 thank you very much for that! I actually had a fair amount of questions "to think through" but your answer helped add some that i wasnt thinking of yet. Thank you very much.

@Steve Smith great idea! im def. going to use those for my list. Thanks for the advice.

Post: Trying to pick up an apt building...

Leo GoykhmanPosted
  • Chicago, IL
  • Posts 29
  • Votes 25

hey BP

I'm interested in purchasing an apartment building but not sure on a couple things. 

1) how do I get in front of "tired landlords?"

2) is the better strategy to buy and sell the building, or buy and hold? I'm going to hit up a few investors and I'm trying to get clarity on what's more attractive?

I may be interested in picking up one building, 6-12 units- but how do I scale that? Meaning if I get a 6 unit property, and my gameplan is to own a share in several much bigger buildings how do I "get started with the right strategy?"

Any advice from seasoned vets would be greatly appreciated. 

Thanks,

Leo

Def helps Chris thanks a lot.

I am in the process of trying to create a plan to acquire land/properties that are distressed/under appreciated etc so that i can invest in them- and im trying to find all the ways to locate these types of properties.

If you ever- come to Chicago, lets connect!

-Leo

Hey guys-

in todays market- chow hard is it to find great deals in the foreclosure/foreclosure market?

I'm interested in 2-4 multi units and good SFH. Im just not sure how viable of a strategy this is in todays market.

Any advice would b greatly appreciated.

Thanks,

Leo

Post: need help getting good deals

Leo GoykhmanPosted
  • Chicago, IL
  • Posts 29
  • Votes 25

@jerry 

Thank you very much. Besides Probate leads, absentee owners any other category come to mind of type of perosn I can reach out to?

Post: need help getting good deals

Leo GoykhmanPosted
  • Chicago, IL
  • Posts 29
  • Votes 25

@andrew 

thanks a lot for the comment. thats a great point. i think im going to start going to different places and meeting other investors. 

Post: need help getting good deals

Leo GoykhmanPosted
  • Chicago, IL
  • Posts 29
  • Votes 25
Originally posted by @Karl Krentzel:

Great Question!

This question reminds me of a good friend of mine who does exactly the same thing... 

I interviewed him one time to get a straight answer about how he did a huge deal with KB homes on a huge land deal... 

You wanna know the secret of his success, as well as all the land sales success I've enjoyed?

Simple! 

Believe it or not, Expired listings as an agent represent a tremendous opportunity for you to find great deals that are not currently on MLS, but may still want to sell!

Why Expireds...

As an agent, you have a unique selling proposition as a wholesaler or Investing Realtor®. While every other agent is calling them for a listing, you simply need to call them for a SALE!

Many times, they are frustrated with the MLS Process as well as selling by owner. If you are professional, scripted, and knowledgeable, you will undoubtedly have the upper hand!

I wish you nothing but success, and let me know how it goes!

Have a Powerful Sales Day!

 Karl, thank you so much!!!

that really is awesome advice. The funny part is, thats exactly how i get 99% of MY LISTINGS!!! im thinking about your point, for me to call and say something along the lines of "would you still consider selling your property if you had a cash offer?" etc...

i def see this as a great strategy. thank you very much.

Post: need help getting good deals

Leo GoykhmanPosted
  • Chicago, IL
  • Posts 29
  • Votes 25

So lately I've been in talks with an aggressive real estate investor/developer who has been telling me about an opportunity to join forces with his co. He wants me to be be in charge of "new land/property etc acquisition in specific areas where for example we can spend 300k on a property or piece of land, put in 300k build a big beautiful home and sell for 900k+ ". Being a real estate broker and marketer for many years ive done many different things- my question really comes down to what is the best way to find sellers that are NOT on the market? obviously we want distressed property, tear downs and whatever else i can get without having to go to the MLS. He asked me to come up with a plan, and other than "tired landlords, absentee owners, what other ways can i find deals? He will give me a marketing budget to work with. So if YOU had 20k and the goal of getting as many new good deals as possible, what would your plan be?

if you can share how you would go about finding deals that are NOT on the MLS/auction id really appreciate it.

Thanks a lot guys.

LG

Post: (Need help) How do i find new deals?

Leo GoykhmanPosted
  • Chicago, IL
  • Posts 29
  • Votes 25

Hey everyone-

So lately I've been in talks with an aggressive real estate investor/developer who has been telling me about an opportunity to join forces with his co. He wants me to be be in charge of "new land/property etc acquisition in specific areas where for example we can spend 300k on a property or piece of land, put in 300k build a big beautiful home and sell for 900k+ ". Being a real estate broker and marketer for many years ive done many different things- my question really comes down to what is the best way to find sellers that are NOT on the market? obviously we want distressed property, tear downs and whatever else i can get without having to go to the MLS. He asked me to come up with a plan, and other than "tired landlords, absentee owners, what other ways can i find deals? He will give me a marketing budget to work with. So if YOU had 20k and the goal of getting as many new good deals as possible, what would your plan be?

if you can share how you would go about finding deals that are NOT on the MLS/auction id really appreciate it.

Thanks a lot guys.

LG