All Forum Posts by: RJ Bohigian

We are Selling Our Beloved Family Home, to get launched in Our Expanding Real estate Business!We would Never want to leave this house...We have been here 9 years, and the thought of letting it go, troubles us.You will LOVE it too!
We have to Free up some capital, to move forward on some deals. Any suggestions, for alternatives from members would be appreciated! 

Regardless, someone will Own this Great Property soon. Here is the Link and Info!: Fairmont, WV 26554 (MLS # 10117899)

Desirable Coleman Avenue in Fairmont where you will find historic homes and homes with character. This ranch home offers original hardwood floors in living room and all bedrooms.Ceramic tile flooring in kitchen, bath, and family room. Partially finished basement with a bonus room, mudroom and workshop. Landscaped patio and backyard provide additional space for outdoor activities. Newer furnace and central air.

Can easily Make an In-Law Apartment on Lower Floor and add a 2BR 1 Bath Rental Projected Rental Revenue with conversion $2000.00 per month. or Just Leave it as is and have a Large 4-5 BR, 2 Living Rooms, Laundry, Mud Room and workshop! Tons of Closets and Storage space!

Huge Covered Patio Bi-Level Concrete looks out into a serene Country Setting. Hot Tub Spa Present and can be included. You will feel relaxed and away from it all, Yet be right in the center of a Great Neighborhood, Near Everything!

WHAT I LOVE ABOUT THE HOME

One of the most comfortable homes, we have lived in. Huge Living Room, and Bonus Basement Family Room (2nd Living Room). Plenty of bedrooms with Closet storage and attic storage. Convent Mud-Room Entry offers versatile usage/function and expands the homes already abundant storage and could easily be used as another bonus room. **Also has a downstairs partially completed bedroom. Great Established Secure Neighborhood (great neighbors!!), on Rails to Trails Path Connector, Park at end of block. Living is easy as all amenities of Major Cities is nearby, and this remains a "Great Bedroom" Community. It is less than 20 Minutes to either Clarksburg/Bridgeport or Morgantown. Whitehall is less than 10 Mins drive. Great location if you enjoy hiking, River Sports, Fishing, Boating, Jet Skiing, Kayaking. You can unwind in the Landscaped Backyard, and Huge Patio, Large area of it is covered with roof.

Wanted: A Great SFR Home in the Tuksa Area. Near Campus a Plus, but not required.
$400K Range Purchase in December or January.

We are looking for a great deal. Post your best deal. Relocating to Tulsa Area and want a decent family home.
Contact Freely. Get it sold possibly before Year End!

Let's See em!

Have you ever wished that you could be in two places at one time?
If honest, you know the answer. Now, you Can!

Experienced General Contractor and Novice Real Estate Mogul, is hiring out for a single job, deal or a few.
Licensed Home Inspector, Expert at deriving "True FMV appraisals", Builder/Contractor, Flipper, Deconstruction Company Founder and Owner, Sales Master & Closer. Working with my wife and Business Partner, Get ready for results!

We offer Professional & Personal Services that include:

-Site Vetting

-Site Inspection

-Home Inspection Report- (Detailed digital format with Photos and Video)-We can even Video walk-through with you connected.

-Contract Begotiation - They "Beg" us to let up, but we will get your terms, and your deal done. Negotiations are an Art. We are masters. Formerly, provided services through an employer Mediator. Top GM Sales Rep. Top General Manager-Retail, and Built Our Own Businesses over a 27 Year Career.
Our friends sold their home, to a pest of a buyer...They were near conceding the deal, and giving in again (5th time) We asked to be present, and meet the (Ahem)...Buyers...Closed the deal in 2 Days ...after 3 Months of never-ending contingencies.

-GIS & Tax Office report- We Pull Every Related Internet record, and Have, even, been known to push the Landman and O & G workers aside in the Map Room. We know our way around these miserable pits.

-City  & County Contact List- Comes with Personal Evaluation of Potential Problem Departments- We do not copy and Past a website contact list- This is personal baby. Phone call and/or personal visit and handshakes type of contacts. We scour their records for code violations and get the " skinny" on just how "Violation Trigger-Happy" they are. This service can save you more than just thousands in fines or problems...It can help you stay sane & even relatively relaxed.

-Bird-Dogging- **Where ,Not prohibited by Law. We are the Boykin Spaniels of this Specialty Trade! Last Month alone, we visited 200 Properties and spoke with 10 Owners, with expired contracts, turned them over to One of our Network's Real Estate Brokers/Agents 

-Deconstruction Quotes & Projected Reclaimed Materials Resale Estimates- We still own and operate an established Deconstruction Company. We have been doing it before the term was known or popular. Any guy in a truck. can give you a quote. Can They Liquidate a Block of Houses Materials in a week? Can they Buy Materials themselves? We can & do! This is invaluable information and /or services for certain properties.

Bank/REOS/Foreclosures Inventory, Inspection & Services-  Bank/REO Lender Property Inventory & Services. We have and will visit Bank_Owned REOs/Foreclosures/Corporate Real Estate Assets...We worked for a Major Lender under contract and would be willing to work for any lender/investor again. If within a 150 Mile Radius, We can Board up, evict squatters and secure properties.

*****Note No service offered where prohibited by Law. Occasionally, we have had a LPOA drafted, let us know if any such instrument is required..

Price quote is Location/Travel Requirement-dependent.
Generally speaking,... For General Services: It is $200 Per Day + Travel & Costs (Pre-authorized), We work a 14-18 Hour Day, and There are 2 Of us. So, You are getting a Deal!

Obviously, some services cost more than others. ALL will be QUOTED up-front!
Which brings us to Our Payment for services rendered. Again, we do not like cookie-cutter terms, But, We usually require Partial Payment Up-front and Balance upon delivery/completion. *There will be a quote, outlining payment terms.
We do accept Major Credit Cards, Bank & Wire Transfers (Forget It Nigerian Scammers...It would be your last contact- We have helped to jail 6 of you since 2014).

We enjoy our work, and We do this for funding our Real Estate Investing Activity. We do not mind NDA's Non-Compete(s), and other terms. We would almost insist on them in some instances. We would like to make it Crystal-Clear However.......You need never worry about us, snagging a deal out from under you, or your group. IT JUST WON'T HAPPEN!

Our Reputation and Your Feedback about us ...matters, and We are looking to expand our Network & Business. That will not happen without giving clients more than they expected!
We do Not NEED to offer these services, and will reject some clients.
We Generally work The Mid-Atlantic region,& East Coast, RI, New England, Va....
We do not mind Traveling, and Have No children to bind our schedules!

We Look forward to helping you make more & better deals!
Contact us through the BP Network, or directly.

We may be in The Tulsa Area In February, Message us for possibly discounted rates there.

@Scott Choppin
Thank you for the reply.
I had a lot of notes, and I am, now, off to read the article.
There are some things, I did not even consider... and My math is fairly detailed.
Thank you.
All is All, I am going to do this. I am fairly confident, even cocky, but on this I was hesitant.
I have the Guy who "Wrote the Book" Literally, on The " Value of Social Capital" and I am pleased to have them helping out with some design/engineering (Business Plan). I do not know of many, whom I could ask any question about this area of Real Estate.
I am more than pleased to make your acquaintance.
I hope to have some updates over time.
We are not married to that particular piece of Real Estate. It was just that The Local Market, "Cabin Rentals" anywhere near the Lake, are booked solid for the Next 5 Years, and Larger Companies moving their execs to the area, combined with another Upscale Development, with Nothing special about it, has sold out (4-5 Years since it was Old Farmland) We figured Waterfront Property is always limited, and generally desirable, However in this instance, we need to make certain that it is not just seasonal influx.
Spit-balling phase right now... It is what I Truly want to do, and I generally do exactly "that". I have no need to rush into something, I know next to nothing about.
Look forward to future conversations with you! 

Jumpin Jimminies 
It does happen.
1.) It has been mentioned on here and Members were kind enough to give you a contact for Code Enforcement.
I would be on the phone, pleading my case with the next breath. They have a great deal of latitude on what they insist you pay, and what you actually work out in payment.
Providing, that they are not a corrupt department, and most are Not (Some are quite political, with very "Selective Enforcement") Code officers and department would appreciate have a Foreign Landlord, who is in contact, works towards substantial compliance, and who they know they can trust to resolve an issue.
That usually takes time and money.
You need to explain , to them, that you "had a Terrible Property Manager, and have since changed and expect it Not to occur again."
-Florida Requires Property Management Companies to be licensed by the State?? WV does, and It has been several years since, we worked in that area ( Melbourne and Boca, Del Ray) Pretty sure, a License is required. 
We still have an Old Fla License.
2.) Hire a Professional Company! We have to carry a Full-coverage Indemnity Bond and Insurance here in WV. Companies generally do... If not avoid them. We charge a % or Rent collected on many of our contracts...In the end It would cost you less and you would have been covered if not.
3.) Good Luck! It looks like you are going to have to Pay... You might try the : "Not very Good  on English" Pleading, doubtful, they will care very much. It is a "second language" in that area as it is.

Thank you for posting.. I am going to show this to some of my clients...Make them grateful to have us!

Cannot speak much to BP members, as I am New here myself, but generally most people hesitate and Thank The Heavens above that they do.
For many, many years, We made a living buying and selling at auctions, Antique, Durable Goods, Some Properties.....This was about the time Ebay had started. We are old folks.
I noticed, while we were buying and active on way too many deals, There were others who attended auctions, .....well ... I am not certain...But Maybe Just to be there???
They never bid, or bought anything. I would watch them leave, while we were calling for our partners to bring more transport to the site.

We were volume dealers and could sell just about anything. We avoided the hotly contested specialty items, as those items usually ended up going for far too much (Bid Wars). Odd observation, but generally holds true, so I would expect that BP, would not vary much.....75-80% (Our guess) but 90% might be accurate.

I learned to appreciate those folks over time..Many times, We sold the items right there to folks that were at the same sale for a small mark-up (Or a larger one)??? We guess we got paid for our ability to see the Value of a $20 Bill be offered in exchange for a $1 Dollar bill.

Had a Sales manager try that " Close" early in my education in Sales.......Over time ( and I am still shocked when it happens) I realized that there are some people, who would not Give a $1 Bill for a $20...a $100 or other amount. It used to frustrate me, Now.. I am just Thankful they are around, and hope they breed more and faster!!!

Needing the review of more experienced members. The Numbers entered are correct, and accurate reflection. Am I using the right report tool?
Learning the ropes. Large project. It seems to make simple sense to us. $1.8Mil AV FMV Purchase for $650K and Seller willing to work with us.
Clearly, the property value shows a deal, however, If not for the high income generation per unit, Our Model yields We doubt that buyers are lining up. We could make the numbers work on a smaller property, so Not attached to the deal.

What do you look for in these reports?
Thank you for your response.
Link attached to view.

BRRRR Report

Thank You Very Much, Robert Freeborn! It is appreciated.
Happy Holidays!

Happy Thanksgiving to the BP Community Members!

I wanted to briefly introduce myself, make an invitation for connections, and ask a question of the members?

My Name is Robert Bohigian, wife is Denise Bohigian ( She created this profile for me, and is often the one for contact on here, as I am running our businesses)

We are Happily Married for over 27 Years, and Business and Sales folks! This means, aside from an extensive Business acumen spanning 27 years of owning and operating businesses in diverse fields (Nightclubs, Restaurants, Contracting & Repairs, Antiques Stores...), We are "People" People! No one can succeed in Sales if They are not people-oriented. We have been called: " Sales Assassins", Top-Closers with a network of past clients relationships over many, many years!

We are excited at the prospect of meeting others who have interests in Real Estate!

We Own and Operate 3 Businesses here in WV ( D-Build Deconstruction, YardSmart, The Recovery Company). We are in process of starting a fourth, devoted solely to Real Estate Investing, Developing, Flipping, and Wholesaling.

You can read my profile or message me, add me to your network, come out and visit West Virginia, and see why we are staying in this Rural Place, when both of us are City-Slickers ( NY, NJ, RI, DC, Fl). There are still deals here and development is moving rapidly forward! We expect high profits here, but are also looking nationwide.



We have a question for community members...

We are wanting to do Our First Community/Property/Land Development. We have eyed-out some prospects and are wanting to have Riverfront or Lakefront Properties offered.
We have a 95 Acres Property with 2100' Of Prime Lake / River Frontage.  Asking is $800,000.00
We figure that 100' of River Access Per Lot @ 20 Units @ $60K FMV Per Lot is a good rough figure/estimate. (Undeveloped)...
We are wanting to add homes, custom-built higher-end homes (Mid $200's- $350K) and Gate The Community.
There are a lot of variables, but basically that would develop the most prime Real Estate in this deal. It would not net near enough Value or money for the scope of the project. $1.2 Mil - $800K Purchase Less costs in subdivision, Surveys, deeds... Might Net Total If Lots sold only- $200K... If developed and sold, The numbers get better $4Mil - $7 Mil Gross Sales, Less Construction Costs, Ought to Net $2Mil but would take up to 5 years.

Assuming those River Front Lots would only be 2 acres, or slightly smaller lot, There would be another 75 acres to develop, and much of it would be River-view. Some, there would be some money there..

Having never been involved in a Development, any special considerations, that we might wish to factor into a plan?
We have the basics down, and a good business background for some numbers.
It seems like a better Option would be: to Develop Only 18, Or so, of the Lots, as Prime Riverfront Homes, and Build a Docking Facility, and Community Center that leases out member boat dock space, hall rental, etc. (amenities for the Development Community)

If you have experience developing land, Would you do something of the Later Option? ..allowing for a perpetual source of revenue from the property?

Any pointers, experience, caveats.... would be appreciated.
Nice to Meet you.. All!
See you in a deal!

Happy Thanksgiving to all of the Bigger Pockets Community.
In Keeping with the Holiday Spirit, and Just in Time for Your Black Friday Sales Fever!!!
We are offering a Cash Cow of a Deal.. Must Be done by December 24, 2017!!
*Going to Take a $240+K Hit for Tax-Deduction for other Business.

Growing Area, Well-established and desirable. 

All included in $299K Price. Price only valid if sold by year-end. 

419 Washington Street
417 Washington Street
415 Washington Street (vacant lot that can be built on)

Current owner invested hundreds of thousands of dollars in renovating duplex apartment building (417 & 419) on historic Washington Street in Cumberland, Maryland. Motivated to sell building at significant discount to level of investment put in if transaction closes by end of calendar year 2017.

8000 square feet, massive units!
Very good tenants on 1st and 2nd floor currently paying $900/month each for a total of $1800.
Third floor renovation needs to be finished and can also rent for $900, or PERFECT opportunity !
$1800 Current Occupied Lease Revenue with an additional $900 for 3 rd Floor if completed for
$2700 Lease Revenue Monthly!

Remodeling Cost Over $100K and is expertly , and tastefully done!
Tax Assessed at $317,400.00 2016

Building was originally 6 units (3 per side) and could be converted back:
If so, Could be:
1st FLOOR: 2 units at $750 EACH----- $1500 Monthly
2nd FLOOR: 2 units at $750 EACH----$1500 Monthly
3rd FLOOR: 2 units at $500 EACH ----$1,000 Monthly

Total Rental Revenue @ $3500 Monthly.

OWNER ALSO OWNS LOT NEXT DOOR WHICH CAN BE DEVELOPED