All Forum Posts by: Ben Bakhshi

I've decided to open up my property search spreadsheet for the public to use. I've added categories that I thought might be interesting to some of you.

Before you say: wait, Who is viewing this spreadsheet? This looks like a ghost town!

I AM! We are buying 3-5 properties a month and thanks to a bunch of new financing options, will keep going. 

Also, I have an email list of about 300 people, to whom I send this spreadsheet to on a monthly, sometimes weekly basis.

Also, I have a few colleagues that are looking to start buying up turnkey properties throughout the states, and they need property managers, and properties to get started with.

Please play nice, I'm not technically advanced enough to build a full out website. This is a Google Spreadsheet and is fully editable, so if you think we need more columns, or new tabs, go for it. Kind of like Wikipedia..

https://docs.google.com/spreadsheets/d/1cEb2wjbe7z...

Kenneth, I saw you translated the site into Chinese, are you getting interest from Chinese buyers? Where do those leads come from?

Bump

@Darryl D. I'm not sure I'll be charging for this service you might be right. 

Leo, can you keep track of your homes appreciation as well? 

I was thinking of using Zillow to pull prices... But in reality, it's a horrible way to keep track of prices. It would be better, albeit more time consuming, to manually check prices every month or quarter. 

The only middle ground would be to hire a team in the Philippines to run comps and estimate the home value every month or so (that would definitely require a fee, assuming they were worth a half a knuckle). 

We have a 2-4 month time frame when the investor expects his cash to free up.

Seeking one or more attractive value-add properties for turnaround and cash-out. Open to discounted/distressed performing properties as well.

Interested in quality locations, and not multifamily.

Ideally will work with an experienced leasing broker hungry to earn on turning around a high potential property.

Investor will have up to $700k available. Can be used for outright purchase with refinance after turnaround, owner finance, or bank finance if the property is financeable as-is.

Areas of interest are North of the 285 (Sandy Springs, Dunwoody, Alpharetta, Roswell, Johns Creek).

Can email me at ben at cohen benjamin dot com, or via PM.

@Randy Chang , can you send me a link to it? What do you like about it?

Please send me the address I will see if it's right for us.

Is the seller interested in renting the house?

I have an itch that I need scratched and am thinking of converting an Excel sheet that I use to keep track of our rental portfolio, into a really simple web application that I can share with friends.

It keeps track of:

Purchase Price and Date

Current value (I estimate the values once every 1-3 months)

Loan info (rate, maturity date, amortization)

What I get to see as a result of these inputs:

Chart of total portfolio value

Up to date LTV, which helps me make financing or sale decisions.

Is there anything else you would want to see if I were to give you access to this? 

Is there some service that is already providing this exactly, so I don't have to do it again?

Zillow lets me keep track of values across my portfolio as well, but it doesn't have these subtle yet important features that help me keep track of my portfolio and so I resort to my own Excel table periodically.

Also, is there an area to mention that if the buyer has no agent, he can save the buyer's agent fee? 

Solid answers. Between buyers being turned off because they may not be able to roll in commissions to mortgages, or agents simply not showing properties, it wouldn't make sense for the average listing.