All Forum Posts by: Tyler Hallman

Hey Trapper,

Sounds like you found a gem. I'd get a few other agents to triple check your comps and maybe even get an appraiser to verify your findings. Create a very detailed list of things that need brought up to date and work that into your bid price with evidence to show the seller. Rates are low, but depending on what you and the seller negotiate it may be better to remain on seller financing for the 3 years while the equity continues to grow that way when you refi at 80/20 you aren't left with zero capital to perform necessary upgrades and maintenance to 5 units. Just my 2 cents!

Is it possible to get a hard money loan for say, 90% of the cost of the purchase and repair costs and then get another 10% hard money loan to fund the rest? How does that work with notes on the house?

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So I recently looked at renting an office space and the owner of the building came to show it to me so I asked what other real estate he owned and he said, "I own 86 properties here in town about half commercial half residential." I was kind of speechless. I told him I'm looking to learn about real estate but I don't know if I should just offer to bring him properties I find and ask if he'd like to invest or how I can tap into his knowledge and grow more as an investor myself. I guess my question is, have any of you run into someone like this and how did you get your foot in the door to start learning from them?

Hello!

With this new "normal" we are all experiencing I believe modern small office space rental will be a hot commodity in the years and decades moving forward especially now that many of us either work from home and would like a space or are a small business wanting a corporate address other than your home on google street view. These buildings are popping up and some do it well, others don't. I'm looking to find other's who have had interest in the idea and want to build a team of people to get it in motion. If you've had any experience with them, know of a location where one would work well, or have any other insights, please share!

Thanks,

Tyler

Hello!

With this new "normal" we are all experiencing I believe modern small office space rental will be a hot commodity in the years and decades moving forward especially now that many of us either work from home and would like a space or are a small business wanting a corporate address other than your home on google street view. These buildings are popping up and some do it well, others don't. I'm looking to find other's who have had interest in the idea and want to build a team of people to get it in motion. If you've had any experience with them, know of a location where one would work well, or have any other insights, please share!

Thanks,

Tyler

Hi All,

I've been to a few of these (new to me) spaces recently and I really like them and like the business model. Essentially, investors buy an older building in a downtown of some sort (can be small or large), stick a coffee shop business in on the main floor and create offices above that rent each month for startup businesses. Some who have the room offer public working spaces or just a room to rent by the day, areas to host workshops and other events are common. I wanted to ask if anyone here has experience with this, experience developing or investing in one, and what your thoughts are on that vs. SFH or Multifamily. This is something I am interested in investing in and would love to find others who are interested in the same.

Cheers!

My wife and I have family in Junction and are looking to invest in the area. Any wholesalers out there? The MLS is tapped it looks like. New homes selling for the same as old ones that need work.

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

I am a new investor living in Idaho and want to start my marketing campaigns directed at people who may want out, but don't want to list on the mls. Normally you can go to list source and pay for a list of addresses that match criteria, but Idaho is one of very few states were data isn't public. How can I work around this? Has anyone else in the BiggerPockets community successfully done it in Idaho?