All Forum Posts by: Ryan Ray

Real estate networking and accountability in the East Valley.

@Kao Saeteurn I am sending you a dm. 

Hey BP’ers, 

I have a deal in Tucson that is looking for a flipper to see it through the finish line. I have the info up in marketplace. Just trying to increase the visibility to the listing there. 

Thanks, 

Ryan 

Thanks Pamela 

Hey BP, I have a property under contract and it’s uniqueness has me wondering. The property is close to the local university so I have considered making it student housing. 

I have also considered converting it into a sober living home. Renting by the room and having someone on site as the house manager. 

The property is set up like a duplex with two giant common areas between them. Dual kitchens,beds, baths, living, and dining areas. Both sides have 2 car port with laundry and storage. Ample parking up front and a large backyard with covered Az rooms on each side. 

Any ideas, thoughts, or input would be greatly appreciated. I’ve considered making a more traditional duplex as well as making an sfr with an in-law suite. 

There are options, but an exit strategy that would maximize cash flow and if probably just keep it. Right now it’s up for assignment with a sale price of 310. Estimated repairs of 115 and an arv of 525k on the low end. The neighborhood is desirable, but properties are vastly different nearby and getting a solid comp for such a unique property has been difficult. 

Thanks you Mike and Wayne. I will reach out to the BIA and whoever the local authority is and see where I stand. I appreciate the info. Have a great week you guys. 

Is it possible and does anyone have any experience with buying homes on a reservation? I have a motivated seller who owns the home but this is a first for me. Any input or advice would be greatly appreciated. Thank you. 

Come and enjoy this networking event in the East Valley. 

Thanks Andrew, I had considered subject to financing. I assumed the gov would be less amenable to that though. I’ll definitely look into the mirror wrap. 

Hi y’all, 

I have a lead on a property in Tucson. I’ll be touring the property this weekend. It is a dual lot(.5ac) with a duplex on it. Each side is allegedly zoned for r-2. 

The owner is a military vet with a VA loan, and the balance appears to be to close to the arv for me to help him out.

However, there are people here who have the experience with creative solutions to take down a unique property like this. 

If you have any insight, input, strategies, or interest in partnering on the deal let me know. If you have other questions I’ll do my best to answer them with what I know so far. 

Thanks, 

Ryan