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All Forum Posts by: Mark Moore

Mark Moore has started 4 posts and replied 16 times.

I have an immediate need for attorney to handle purchase of house for rehab and addition, then resale. Likely to purchase under existing, single-member LLC then transfer to new LLC with partner. Want to write offer by Monday 3/6 at latest (Friday morning right now 3/3). My first investment property. Also will want likely the same attorney to handle formation of new LLC with partner. In future will need more of same plus land use legal for subdivisions, variances, etc on other properties. Accountant also needed.

Post: market data

Mark MoorePosted
  • Investor
  • Howell, NJ
  • Posts 16
  • Votes 0

Mark C - I'd be happy to get together and discuss.

James and Tom - took your advise and posted in Marketplace to look for local Realtor.

Realtyrac is yielding a lot of good info, too.  Can't find who gave me that recommendation, but thanks if you see this. 

I'm still not quite sure on the etiquette here, but I welcome local Realtor input on this market knowledge piece.

Post: market data

Mark MoorePosted
  • Investor
  • Howell, NJ
  • Posts 16
  • Votes 0

thanks, Kurt

Post: Multi Family Investor From Monmouth County NJ

Mark MoorePosted
  • Investor
  • Howell, NJ
  • Posts 16
  • Votes 0

Looking for Realtors in Southern Monmouth and Northern Ocean Counties in NJ.  Single Family primarily.  Wanting to better understand pricing and best products / highest best uses and hoping to find a Realtor willing to poor over numbers and help educate me.  I'm just starting out, though I have a 30 year career in managing due diligence, site and building design, planning and building permitting, and construction for mostly commercial and some multifamily.  My plan is to start with some rehabs/flips while I keep my job.    Also interested in single building lots in older neighborhoods, lot splits and eventual new divisions around 20 or fewer lots, plus mixed use higher density.  For right now though, I just want to know what is best to build in certain neighbors, expected days on market and of course likely sales prices.  Any Realtors interested?  Any recommendations?

Post: Agents Unite: I'm SICK of Having to Defend My Job!

Mark MoorePosted
  • Investor
  • Howell, NJ
  • Posts 16
  • Votes 0

Tom,

Honestly, no offense intended. I have great respect for Realtors and hope to do business with many.  I just don't want to tie up someone's time or make an implied commitment until I have a better sense of the market.  I can see where my post could have offended, though: and I apologize. 

Post: market data

Mark MoorePosted
  • Investor
  • Howell, NJ
  • Posts 16
  • Votes 0

I am new to BP and am starting my own real estate development business while I continue my full time architecture job (corporate, mostly retail; not residential).  I worked as land manager for one of the largest home builders for three years just prior to the crash, but was only responsible for property due diligence, and construction of roads, utilities, and site work for large projects; not individual single family home rehabs or individual / small scale new home communities.  I have also managed building construction of a 100 unit apartment building.  What I plan to do now is start with flips, later mix in some single lot new homes and eventually develop multi-lot properties.  I would like to concentrate near where I've lived and worked for the last 15+ years - Southern Monmouth and Northern Ocean Counties in New Jersey providing the market is reasonable.  It appears to be so far, but I need more info.  Hence this post.

I could use some advice on where to find good data on the present market conditions, particularly recent sale information on single family homes in my area with a description of the product. Zillow doesn't seem trustworthy at it misses streets and reports foreclosure information inconsistent with what I find on county records. I realize county records are probably most accurate, but they take a long time to sift through. Can I get info from MLS if I'm not a broker or agent? Other option is consulting an agent or broker, but am concerned about committing to paying commissions that he market may not bear. Looking forward to suggestions from the BP community. Thanks in advance.