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All Forum Posts by: Jeff Wallenius

Jeff Wallenius has started 13 posts and replied 632 times.

Post: New Member from Salem, Oregon

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352

Welcome @Walter Estrada!  It's nice to see all the Oregon crew on this thread.  If you ever need assistance, I'd be happy to chat Real Estate!  Good Luck!

Post: How to find profitable multifamily properties

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352

Thanks @Morry Eghbal! The K.I.S.S. principle to a T! I have a tendency to over analyze everything, and I think this is great info to keep it simple.

Post: How to find profitable multifamily properties

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352

Thanks for the responses! @Morry Eghbal I have the same questions about letter writing. What is your success rate on letters, what is your target audience, and what content has worked best for you?

Post: Jacksonville NC

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352

I'm no where close to Atlanta, but Thank You for your service!  Best of luck in your real estate investing!

Cheers!

Post: Funding/Advice

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352

If you have a deal that makes sense financially, find a partner of JV would be a solid option. Throw the details on this post and I'm sure you'll get a good response to assist you in finding resources.

Cheers!

Post: How to find profitable multifamily properties

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352

With the New Year approaching I'm looking to grow my real estate portfolio in 2015.  I've decided I would like to pursue Multifamily Real Estate.  I plan to use my profits from rehabbing homes (goal of 25-30 flips this year), to buy long term hold multifamily properties.  My question for other investors, how have you found your multifamily properties?  I have access to our local Listing service, it seems as though great deals are very few and far between.  Anybody have any luck with writing letters, and if so what is your target audience?  Are commercial brokers a reasonable asset to have in place?

When talking Multifamily, I'm looking at everything from a 4-plex to 40-50 unit apartments. 

Happy Holidays!

Cheers 

Post: I'm new here, but in it for the long haul

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352
Welcome Phil, I'm in the Portland area. I'm always looking to build partnerships with like minded investors. Cheers!

Post: New person from Outside Portland, OR

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352
Mike Nuss Great website, and I really like your concept of attracting solid members who want to learn. I can't make your November 3rd meeting but I'm definitely looking forward to future meetings. Do you have an email blast list for meetings and events?

Post: Analysis Paralysis-Flipper looking for long term holds

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352

Thank you @Walt Payne, whats the market like in Florida these days?

Post: Analysis Paralysis-Flipper looking for long term holds

Jeff WalleniusPosted
  • Specialist
  • Indianapolis, IN
  • Posts 670
  • Votes 352

@Elizabeth Colegrove  where are you currently investing out of state?  How do you find and analyze properties in the areas your buying?