All Forum Posts by: Stephen Franco

Can you show me how this property cap rates at 11?

I see 1700 minus 10% mgmt 10% maint 10% vacancy

minus lets say 200/mo in taxes (low I'm guessing) 100 /mo insurance and 100/mo sewer

1700-170-170-170-100-200-100=790 or 9840

6% cap

I am looking for large apt complexes in Phoenix and surrounding areas in AZ. Sorry to threadjack but I need help. thanks

for me...CMA is partially irrelevant. Cash flow and cap rate win. Often in my Market that's 40k for every 1k in rent.. Or 20-30k per finished unit for a 15% net net net cap rate after mgmt maint vacancy pads

tobyhanna is a ...complex market 

i am a pa wholesaler . let's jv

I need multis in Manhattan!  Just got a call from a buyer I know to be real but don't have a history with, and I need leads for him

I need orange county and LA county wholesalers with SFR deals.

Just had a BIG buyer rep call me for deals out this way, and I'm not local (from PA)

Please help

> Considering its prestigious Coral Gables (Miami). (For you $390k)
> All this property needs is New appliances (Stanley Steel).
>
>
> *******AMAZING BEAUTIFUL S/F IN PRESTIGIOUS CORAL GABLES (MIAMI)*********
>
>
> OFF MARKET
> S/F Spaniard Colonial
> 3/2
> 1,853 Sqft
> Updated Marble bathroom
> Coral Gables
> Prestigious Residential Area
> 5 Minutes away from Downtown Coral Gables/Restaurants/Shops/Clubs/Mall
> Ready to move in
> Hard wood Floors
> Built In 1925
> PLUS 1/1 GUEST COTTAGE IN THE BACK WITH OWN PATIO/YARD/BBQ AREA
> Real Wood burning Fireplace
> Beautiful French doors
> Tropical Landscape (Paradise yard)
> Huge Flavorful Avacado Tree
> Asking Price $400K Firm
>
>
>

I've done this a number of times. Please PM me and I'd be happy to offer samples of what I've used in the past, and perhaps we can collaborate on some deals. Mostly you want to give the private investor everything you would give the bank and then some, because they're going to be able to do less research on you. You want to prove that in every exit strategy the deal works, as a flip, as a rental, in an emergency bailout situation that you could liquidate it and get them their money back if you had to. You want to be as transparent and friendly as possible, and realized it very often they're investing in you, not just the deal.