All Forum Posts by: Tammie Jones
Tammie Jones has started 10 posts and replied 35 times.
Post: 8unit Complex - New build with Warranty - Near College & Hospital - Angola IN

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
Post: 16 unit Complex - New build with Warranty - Near College & Hospital - Angola IN

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,700,000
In Search of partners or buyers to build this 16 unit complex near Trine University.
What made you interested in investing in this type of deal?
The amount of Demand for housing in this market
How did you find this deal and how did you negotiate it?
I am a Real Estate Broker - looking for a buyer or a partner in this project
How did you finance this deal?
Regular Commercial Loan
How did you add value to the deal?
I am a property manager and will manage this complex for you!
What was the outcome?
still in process...
Lessons learned? Challenges?
I am looking for a buyer or partner in this project.
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Open Door Rentals and Real Estate - Realtors and Property Managers.
Community State Bank - local Lender - Agent: Lindsay Schook
Kiracofe Homes - Builder

Post: Property Manager in NWI - Michigan City area

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
I have a client that I need to send to Property Boss. Can someone connect me? Who do I contact?
Post: What are your favorite real estate books you've read?

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
Great list..
Cant hurt me - David Goggins
One - Gary Keller
Rich Dad Poor Dad - Richard Kiyoasaki
Post: Medium-Term Rental investing opportunity in Fort Wayne

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
Hello! Let's connect. Can you reach out to me? I work the Ft Wayne market!!! Investor, realtor, and property manager.
Post: [Calc Review] Help me analyze this deal

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
Thank you all. We have this under contract! #winbig
Post: [Calc Review] Help me analyze this deal

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
Thanks Tim. I agree - Rookie move on this post. What do you usually look for when analyzing? NOI - cap rate - etc?
Post: [Calc Review] Help me analyze this deal

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
*This link comes directly from our calculators, based on information input by the member who posted.
Post: Investor Meet up

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
Come join local investors and learn tips, tricks, and trades of real estate investing. This is very informal - a lunch provided by Trademark Title and Rep Amber Gaskill. We do a quick intro. have a bite to eat and share stories of the week. It's a great networking event that is informal.
This group also meets in a larger capacity - a formal meeting once a month that has speakers and such at Open Door Rentals and Real Estate office in Auburn IN in the evening. This is very relaxed but more structured.
We love to do one on one with people as well. So reach out and we will tell you to come one - come all. No fee to join - no pressure - no solicitation. All welcome!
Post: Can't wait to grow!

- Real Estate Agent
- Auburn, IN
- Posts 38
- Votes 7
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $79,000
Cash invested: $14,000
purchased my 1st duplex after helping many people invest over the last 30 years. It has great potential to cash flow greater numbers and value add.
What made you interested in investing in this type of deal?
been teaching it for years. Time to invest myself
How did you finance this deal?
I decided to initially invest with a commerical loan putting 20% down but quickly refinaced and pulled my capitol back out of it.
How did you add value to the deal?
No - not yet... it had great value when I bought it. Used the BRRRR method to purchase #2 deal
Lessons learned? Challenges?
find the next one!
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
I am a real estate agent and property manager - so left it in house for now. Used a commerical broker. Community State Bank - Lindsey