All Forum Posts by: Torrey Maning

Need the right buyer for these 21 Units. My JV partner is direct to seller's broker.

Each studio and villa features a fully-equipped kitchen as well as a flat-screen TV with cable channels. Guests will enjoy free Wi-Fi in every unit of this Miami Beach rental property. All studios and villas feature a lot of natural lighting as well as tile flooring. A launderette is on site at the Miami Beach villa and guests can also relax on the property’s sun terrace. Free parking is available for added convenience. This property is less than 10 minutes’ drive from the Normandy Shores Golf Course and 6 miles from the Art Deco Historic District. The Miami International Airport is 14 miles away.
This multi Family has a Hotel License and can be rent daily, weekly or monthly. 

8349 sqft

Asking $4.4M

Renovate for max occupancy or create suites by combining two rooms into one and give building a new external look ... Need LOI and POF for financials...

[email protected]

404-981-5254

I mean light fixtures, ceiling fans, range hoods, knobs, toilets, mirrors, etc... They sell all kinds of stuff for rehabs... As far as ARV you should have done that by comping it out... What do your recently sold comps look like? You should know this before you buy for one of your exit strategies... If you rehab all in at $90k and comps read $100k it's not worth the sweat... But if comps read maybe $130-$150k then you got yourself a deal as long as you can sell it fast...

For that area, unless you plan on being a landlord who doesn't mind headaches, I'd prehab and sell to an experienced buy and hold buyer. You can handle the water heater, deck issue, and any other small items like maybe fresh paint then sell to someone for a quick profit who already rents out in that area. Or just gut kitchens and baths and replace with simple finishes. You may find some simple finishes cheap at Habitat for Humanity RE Store for example and use reasonable contractors by getting more than one estimate... Once done flip for an even higher profit then buy you a rental in an area where tenants won't mind paying extra rent just because of area, with better schools, shopping, growth, etc... I think Tom T. gave you the best advice...

This property is ready for a buy and hold investor. Priced to go at $15k. Needs full rehab. Will rent for $700/mo ARV $60k

Call me for more info 404-981-5254

I have a few lots for sale. Land developers, builders, rehabbers, etc I have lots ready to build on in subdivision that was built in early 2000's... Only $45k per lot... Houses in subdivision sell up to $220k.

Call or text me for more info 404-981-5254...

@Andrea Green Thanks for joining and know that you've made the best first step by networking. This business is a relationship business and it takes meeting people to add to your team who also value your time. Listen to the podcasts as well to get great advice. 

Order a couple books:Making Money in Real Estate - Peter Conti

40 Days To Success In Real Estate - Robert Shemin

And there are publications here on BP as well. Immerse yourself in information then start putting it in action.

@Ronny Crawford I have a package in Cobb you can cherry pick. Let me know if interested...

I've begun to mentor some noobs to wholesaling. I created a video to find a few more students: VIDEO 

I use Zoom as a video platform and use Power Points so they can visualize whats taught. Are there any other platforms and training resources anyone can recommend?

I'm also rewriting my Noob book as well. I started with a simple 9 pager, but I need more content. Just looking for constructive criticism. 

I have some awesome off market luxury condos and SFH coming up in Buckhead, Brookhaven, Sandy Springs, Roswell, Alpharetta, Johns Creek...

I am seeking a few SERIOUS CASH BUYERS with POF that buy properties over $500k to $5MM...

PM me if you're looking for your next luxury rental or project. Developers also welcome. I have the sellers, now I need the buyers. 

@Natasha Johnson Thank you i got it. Hope to work with you.