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All Forum Posts by: Shane Dreffs

Shane Dreffs has started 5 posts and replied 28 times.

@Elias Halvorson, I only rehab my own properties, but I would be willing to partner with him on some properties if he would be open to discussing.

205-913-7997

Hi @Jaycee Greene, cash-on-cash return.

I have BRRRR and flip opportunities in the Birmingham area.

Hello,

I live and invest in Alabama, and I am looking for a serious partner that what's to invest in this area and make a great return on their money (10%-15%). I am experienced in finding, buying and rehabbing distressed properties. I am a licensed GC, I have contacts in the area, and I want to grow my portfolio for cash flow and appreciation. I am looking for someone that has capital resources and wants to make a great return on their money. I will be the boots on the ground and handle all of the rehab process, I am looking for someone that wants to invest passively. Please contact me if you're interested, I can provide all details on my experience and credentials. Thank you!

Hello Meir,

I live and invest in Birmingham area, please DM to connect!

Hi Han,

I live and invest in Birmingham area, please DM to connect!

Hi Roberto, I'm an investor in Alabama and live a little north on Montgomery (45 minutes). I would like to connect with you and share knowledge. 

I would be interested, are you currently working on mobile home park deals?

Quote from @Jay Compton:

Hey Shane,

Congratulations on selling your business. I'm guessing fixing old houses won't be as much fun as robots, but...there's just nothing like taking an old dog of a house and turning it into something all the neighbors are proud to see everyday. It's a cool experience.

I'm local to you here in the Bham market, too. Let's talk RE sometime.


Jay


 Jay, robots are cool, and I still consult / program but I really enjoy real estate! I also love taking something run down and bringing back to life. I really enjoy drawing up house plans or taking an older home and re-designing and making better use of the space. I like that there are many options and different investment strategies with real estate and less stressful than robotic and automation. 

Hi Zane,

I live and invest in Alabama, but the answer to your question depends on your strategy:

Are you looking for turnkey or distressed / rehab properties, do you plan to self-manage or use a property manager, what class neighborhood, are you buying cash or how much will you put down, are you willing to look at cities just outside of Huntsville? 

Send me a message if you would like to discuss in more detail. 

Hi Kevin,

I am an investor not a real estate agent, but I seek agents that work with investors and invest themselves. Because, you are partially correct, investors look for distressed or under market value properties and often make multiple "lower" priced offers. (This can take more time and more upfront work for an agent). But the investor is always looking to buy more properties so the agent will likely get repeat business. Investors also talk to other investors, so if an agent is helping an investor find under value deals, they will most likely refer to other investors. You have to find the agent that understands this as a value, you can look at the biggerpockets agent finder, go to local meetups, or talk to other investors in your area.