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All Forum Posts by: Tate Siemer

Tate Siemer has started 15 posts and replied 24 times.

Post: What Are Your Personal Goals for 2019?

Tate SiemerPosted
  • Rental Property Investor
  • Salt Lake City, UT
  • Posts 26
  • Votes 13

1. To flip 3 small apartment buildings with at least $300K margin.

2. To buy and hold (BRRRR) 2 apartment buildings that are positive cash flowing.

3. To generate $1,000,000 in revenue through flipping houses, apartment buildings, wholesaling.

4. To hire and train an excellent office assistant.

Post: Help me analyze this deal

Tate SiemerPosted
  • Rental Property Investor
  • Salt Lake City, UT
  • Posts 26
  • Votes 13

View report

I don't understand where the "total cash needed at purchase is $591,000.  Where does that come from?  Also, we are using a construction loan where we will be borrowing a total of $1,310,000, $260K of which is for the fix up.  So, instead of putting the actual acquisition price of $1,050,000, I had to add that $260K in.  Am I missing anything?

*This link comes directly from our calculators, based on information input by the member who posted.

Post: IS THIS A GOOD CASH BUY?

Tate SiemerPosted
  • Rental Property Investor
  • Salt Lake City, UT
  • Posts 26
  • Votes 13

View report

*This link comes directly from our calculators, based on information input by the member who posted.

Post: East Millcreek - ARV 480-500k - Asking 325k

Tate SiemerPosted
  • Rental Property Investor
  • Salt Lake City, UT
  • Posts 26
  • Votes 13

Is this still available?  Do you have others?