All Forum Posts by: Robert Saunders

Good afternoon @Sandy Moskovitz. My primary focus is RE investment and analysis; however, I maintain my RE Sales license as a means to represent myself in transactions and to be a resource to like-minded investors in their transactions. I would be more than happy to assist you towards achieving your investment goals. Send me a PM and we can discuss further if you are interested. Even if we don't create a business relationship, it is always good to network with my peers in this industry. Take care.

@Simmy Ahluwalia Thank you for your response. That doesn't make it non-profitable though. The cash-on-cash will nonetheless be over 10%-12% annually at the worst case scenario of a $175K rehab. The contractor's bid came in under $155K. And $500K ARV is a conservative estimate when the property was expected to be capped at 4 units. It should be more like $560K.

Thanks Reggie. My correct email address is located in my Signature.

Property Summary:

Location: Pompano Beach, FL

Contract Price: $240K (asking price: $350K)

Rehab: $175K (with contingency)

Units: 5

ARV: $500K

Requesting: 90% of PP / 100% of Rehab (open to negotiation on both)

Experience: First Deal (Masters in Real Estate Development; 5 years experience rehabbing units at work).

Exit Strategy: Hold for Rental (may flip if market dictates)

Buyer: Acquiring under an LLC

No Problem @Herndon Davis! I regularly monitor many of the Broward County markets so if there is ever any info you need on a market or you are actually interested in starting to analyze potential deals, I'd be more than happy to connect you with some properties that meet your investment criteria. I'd also be interested in adding you to my network of lenders that I could potentially reach out to when I am looking to fund my own investment activity here in South FL.

Hey @Herndon Davis! I have noticed a lot of new development beginning to happen in and around the 33311 zip code, more specifically around Sistrunk Boulevard (6th Street). The development has been primarily "across the tracks" for many years but finally seems to be coming across those tracks. I would recommend looking in that area to see if you can get in early on properties where the value hasn't appreciated as much yet. It may not be much longer before you start to see the property values accelerate.

Hello @Andrew M Hawkins. I am a local Real Estate Agent and South Florida Realtor. I specialize in working with investors looking to buy and/or sell investment properties. I would be more than happy to partner with you on your next (or first) investment in the Hollywood/Ft. Lauderdale area. Let's connect so I can get a better understanding of what your investment goals are. Talk to you soon.

Hey there Bryan! Welcome to BP, the forums, and to REI. I am always looking to invest in the Broward County area and I wouldn't mind you contacting me whenever you have some compelling opportunities for me to look at. Wholesalers do typically get a bad rep, but if you do business the right way, you can build some great relationships since you're doing a lot of the leg work for the typical investor. I am passionate about the real estate industry and I want us all to be in a position to succeed. If ever there is anything I can do to help you get a better understanding or to closer to achieving your investment goals, then feel free to reach out.

I am ready to build a portfolio of value-add, redevelopment and ground-up development assets with a strong team of equity partners and/or mentors. I have been in the industry now since 2015 after earning a masters in Real Estate Development. What I bring to the table is experience, knowledge, contacts, limited equity and the passion to succeed. What I am looking for are partners who have equity that they want to put to work but maybe don't have the experience or time to accomplish they're investment goals on their own. I am also willing to partner with seasoned investors looking for an apprentice to share their knowledge with as they wind down or rev up their investment activities.

Relevant Qualifications:

• - 4 Years as Real Estate Investment Analyst in Private Equity & Brokerage
• - Master of Science in Real Estate Development at NSU
• - Bachelor of Arts in Business Administration, Finance & Project Management
• - South Florida Realtor
• - Freelance Underwriting Consultant & Excel Expert
• - Understand the investment criteria of all real estate asset types
• - Understand syndication and most waterfall profit splits
  
• - Motivated to continue making my mark on this industry and the people I cross paths with
• - Also looking for equity partners to build profitable portfolios with

Let's discuss ways that we may help each other accomplish our investment goals.

You may message me right here through the marketplace or directly through my BP profile. Let's Make Equity Happen!

Best Regards,

I am looking to interview for the business of new clients. I am fortunate to have a great team behind me that helps me use my skills in an efficient and effective way while understanding how to best impact the bottom-line for all stakeholders. Considering the disposition/acquisition of an asset/portfolio? Want to get an update on the current market value of your assets? Need some help underwriting a potential investment? Looking for a motivated "Boots on the Ground" partner to invest in South Florida with? Want to do a ground-up development? My team and I have the experience/qualifications to support many of your investment goals.

Relevant Qualifications:

• - 4 Years as Real Estate Investment Analyst in Private Equity & Brokerage
• - Master of Science in Real Estate Development at NSU
• - Bachelor of Arts in Business Administration, Finance & Project Management
• - Freelance Underwriting Consultant & Excel Expert
• - Understand the investment criteria of all real estate asset types
• - Understand syndication and most waterfall profit splits
  
• - Motivated to continue making my mark on this industry and the people I cross paths with
• - Also looking for equity partners to build profitable portfolios with

Let's discuss ways that I may be able to help you, or someone you may know, accomplish your investment goals. It would be "My Pleasure" (yup, just as good as Chick-Fil-A!). Lol.

You may message me right here through the marketplace or directly through my BP profile.