All Forum Posts by: Michael Hsu

It sounds like he bought at a great price (400) and is all in on the deal for 500 and listing at 699. There is still a ton of margin here from your cost, to drop your price substantially and still make a profit. 

Where is there a problem?

If he closed a deal at 595 he would still be able to net close to 60k per property, which is probably equivalent to many persons annual salary. More importantly he would have a the knowledge it takes to invest in RE for the rest of his life. No one can take this away from him. 

The alternative is that he never took action and potentially stays in the rate race for a long long time. 

Many assisted living facilities lack a strong web presence. I think you will find that a majority of your future tenants may have family that live within a 20 mile or so radius. These families may be doing their research online allowing you to target them very precisely with Facebook and google ad words marketing. 

For example, you can buy relevant keywords and direct them to a landing site that you design. This landing page should be inviting and have a call to action. Then you can target the campaign to people looking for specific key words and only within a 25 mile radius of your facility. 

You can also try instagram and you tube videos that showcase your facility and any differentiating factors your facility may pride itself on.

Hi Bigger Pockets Community!

I own a retail department store in the Southern California area and am looking to network with real estate investors to sell my products, mainly appliances at wholesale.

My store is called Superco and we have two locations in the Los Angeles area. Here is a link to google maps, where you can take a 360 degree look inside one of my stores.

https://goo.gl/EEf8P4

We carry a diverse selection of all categories related to the home such as

Appliances: Whirlpool, GE, Maytag, Samsung, LG, Kitchenaid, (entry level product like magic chef and hot point etc are available as well)

Furniture: Ashley, Coaster, Caracole, Michael Amini, Bernhardt, Staging and partnership ideas welcome.

TV: Sony, Samsung, LG

Mattress: Tempurpedic, Stearns and Foster, Simmons, Sealy Serta.

Massage Chairs: Potential tax write off, lol!

Housewares: All Clad, Henckels, Zojirushi, Swiss Diamond, Jura Coffee Makers, many many more

If you need any of the above products do not hesitate to contact me with specific model numbers and or dimensions and I will quote you a whole sale price over email within 24 hours!

My goal is to help you create more margin for your real estate investment project as well as builds up a diverse list of clients for my store, a win win!

Website is below and please do not hesitate to email me or personal message me anytime

www.superco.net

[email protected] 

Hi Bigger Pockets Community!

I own a retail department store in the Southern California area and am looking to network with real estate investors to sell my products, mainly appliances at wholesale. 

My store is called Superco and we have two locations in the Los Angeles area. Here is a link to google maps, where you can take a 360 degree look inside one of my stores. 

https://goo.gl/EEf8P4

We carry a diverse selection of all categories related to the home such as

Appliances: Whirlpool, GE, Maytag, Samsung, LG, Kitchenaid, (entry level product like magic chef and hot point etc are available as well)

Furniture: Ashley, Coaster, Caracole, Michael Amini, Bernhardt, Staging and partnership ideas welcome.

TV: Sony, Samsung, LG

Mattress: Tempurpedic, Stearns and Foster, Simmons, Sealy Serta. 

Massage Chairs: Potential tax write off, lol!

Housewares: All Clad, Henckels, Zojirushi, Swiss Diamond, Jura Coffee Makers, many many more

If you need any of the above products do not hesitate to contact me with specific model numbers and or dimensions and I will quote you a whole sale price over email within 24 hours!

My goal is to help you create more margin for your real estate investment project as well as builds up a diverse list of clients for my store, a win win!

Website is below and please do not hesitate to email me or personal message me anytime 

www.superco.net

[email protected]