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All Forum Posts by: Mark Nelson

Mark Nelson has started 11 posts and replied 113 times.

Post: Hello BiggerPockets

Mark NelsonPosted
  • Wholesaler, Investor
  • Portland, OR
  • Posts 117
  • Votes 38

Thank you for all the great tips, I am going to check them out today!

Post: Hello BiggerPockets

Mark NelsonPosted
  • Wholesaler, Investor
  • Portland, OR
  • Posts 117
  • Votes 38

I am new to the website and I am looking for any and all ideas on how to utilize it's potential. I would love to connect with people in the industry in my area that might be able to help me take my real estate ventures to the next level.

Please let me know if there are any articles I should read to get started or members I should follow. I look forward to connecting with you all in the future.

Have a great evening,

Mark Nelson

Post: Seeking an Investment Partner

Mark NelsonPosted
  • Wholesaler, Investor
  • Portland, OR
  • Posts 117
  • Votes 38

Hey Guys and Gals,

A friend referred me here as a  good place to connect with Real Estate Investors who are interested in partnering on deals. I'm a little more old school when it comes to things like this but I thought I would give it a try.

Seeking an investment partner for a deal in one of most sought after neighborhoods in SW Portland. Lots of opportunity! Centrally located, close to everything. Excellent schools.

Investment: $651,600 (68.6% of ARV) - with an extra $15,000 to pad renovation costs
Conservative ARV: $950,000 ($296.23/sqft)
Estimated Repairs: $85,000 ($26.50/sqft)

Total Net Profit: $260,439.05 (39.6% ROI / 95.6% return annually)

This is a 50/50 deal, your projected cut will be; $130,219.52 (19.8% ROI / 47.8% return annually)

If interested please respond with you best contact information and we will speak with you shortly.

Thanks, 

Mark