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All Forum Posts by: Account Closed

Account Closed has started 1 posts and replied 17 times.

Post: Newbie looking to purchase 23 Units on Master Lease Agreement

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

I think the biggest hurdle you'll run into is getting the broker to go for it and get on your side with the owner. He or she is probably used to being paid the standard way. You'll have to find a way to pay the broker.

Post: Keeping the druggie money

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

If marijuana makes you a "druggie" then our past three presidents and three states in the West have some explaining to do. 

Why not base the security deposit on the actual condition of the apartment? If it's otherwise undamaged, why do you care? You wouldn't kick out a tenant who was caught on a DUI, would you?

Post: Live Deal Case Study - 240 Unit Syndication - Bring Your Question

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

Where are you finding investors? What was your track record before your first deal?

Post: Starting in Michigan

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

Public records. I wrote a program in Python that crawls my city's public records and pulls and sorts all of the information. You can also pay services like Real E Flow.

Post: Portfolio Loan Contacts

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

Hi Ben,

Can't help you on the lender, but I recognized your name from Joe's podcast. I'm in Richmond and was amazed by your purchase here. Next time you're in town I'll buy you dinner. I hope you like Cuban food. Pm me and I'll send you my phone number.

Post: Denver set to be hottest 2016 market

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

What was their 2015 prediction? Was it correct?

Post: Richmond VA multifamily project

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

Where would you put it Thomas? 25 in shockoe are very different from 25 in church hill!

Post: Deal in Richmond VA

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

Are these pro forma numbers or real?

Post: Student housing in Richmond

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

I know a guy who is having a lot of success buying pieces of junk in Carver, rehabbing, and renting to students. But he brings GC experience and saves a lot of the money doing his own work.

Buy that tattoo shop on Leigh and turn it into an 8plex!

Post: New Investor, coming soon to Richmond, VA

Account ClosedPosted
  • Richmond, VA
  • Posts 19
  • Votes 18

So you're a pro already! I'm sure your dollar will go 10x further down here compared to nova.