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All Forum Posts by: Stefon Franklin

Stefon Franklin has started 25 posts and replied 33 times.

Post: Running Comps for duplex’s

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9
Hey BP Members, Quick question. How does one run comps on a duplex? I’m having a little trouble here. Is a DIY way or do i need to contact a agent?

Post: Gas Station For Sale! Seller Motivated to sell quickly

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9

Gas Station For sale in Charlotte, NC 

3 dispensers (total 6 cars can fuel once) + 1,100sqft store. Recently renovated Citgo signs and digital price sign. Store needs Renovating including roof and AC. Great potential for operator. 3-10k fiberglass tanks installed 1990. Great potential at a busy intersection. Asking price is 565K. Looking to close quickly. Any further details message me!

Thanks

Post: Looking to network with commercial investors in Charlotte NC

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9
Hey BP family, Anyone currently purchasing commercial property in Charlotte, NC and surrounding areas?

Post: Double close on commercial?

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9
Hey BP family, I’m a single family wholesaler and just getting my feet wet in the commercial real estate area. I’m working on getting something under contract and wondering is it possible to use double close as an exit strategy or just assign it? Any input would be helpful. Thanks in advance!

Post: Double-Wide In Dallas, NC $36k Quick Cash Buyers Only

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9

Sellers motivated to move quickly. Double-Wide Property Located In Dallas, NC. 3 bed 2 bath. 1,456 sqft. On 1.75 Acres. Fenced in backyard. 

Needs 45k in rehab. Comps around 130k. Serious cash buyers only. Looking to close fast. Contact me for pictures and more info.

Thanks! 

Post: Land Investing & Selling

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9
Hey BP Members, I sent out direct mail to single family residents and got a seller that’s looking to sell some land he owns. I’m not familiar the land aspect of real estate. How to estimate the value of land? I’m confused on what to offer because I know there’s really no comps in this situation. Any answers are greatly appreciated!

Post: Active Investors in Alexander & Iredell County NC

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9

Hey BP team, 

Any active investors currently buying or selling in Alexander or Iredell County NC?

Hey BP Family,

I'm new to small apartment investing. I received a motivated seller lead but the only data they have for me to look at is the P&L from 2016 and the P&L from January 2017 until April 19 2017.. Is It possible to formulate the NOI based off of that? Or exactly what information can I use from the P&L statement. Any answers are GREATLY appreciated.

Post: 27 SFR Package Deal 12% ROI & Upside rents

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9

SFR Rental Portfolio - 100% Occupied.

~ 20% Equity. 12% ROI. Upside market rent potential
NOI $149,820. Price: Undisclosed.
B/C+ neighborhoods Statesville NC
Cash & Subsidized voucher leases.

Post: Starting My First Mailing Campaign!

Stefon FranklinPosted
  • Charlotte, NC
  • Posts 48
  • Votes 9
Originally posted by @Danny Barrera:

Im on the same route trying to close my first deal in VA

 Good Luck! Keep me posted on how it goes.