All Forum Posts by: Account Closed

jmar-

i understand your question. Unlike victoria who pretended to give you a direct a answer i will give you a real one. You need to pull up a list of lis pendens properties first. next, create a postcard at staples with all your info and and how you can help people save their homes through short sale negotatioons or promise them quick closing in 10 days and promise to pay off all their liens that are holding them hostage. Either you must have the money or you must bring in real investors who have cash ready to go immediately!

Roy- do not go to any of the above mentioned places. In nyc/nj where i have done most of my work, developers/contractors go to specialized dealers who will give you the best discounts. In trendy upcoming areas appliances like Amana rule the market. Lowes/Home Depot do not offer these and on purpose. At the end of the day you have to provide what sells/rents for certain prices in your farm area. I would recommend talking to plumbers to ask where they buy appliances cause they have led me to niche specialty stores that are 15-20% cheaper.

It depends on the final goal of your project. From my experience if you want to build ground up it does not matter of what the market value of the vacant property is. All that matters is if your doing new rental construction, that you are aware of what your rents will be once your building is completed. For condos, its the same thing except that you will need to know $/ft for sell-out. I can give good detailed explanation of this through the phone, since i have been exposed to 4 deals like this.