All Forum Posts by: Tyler Rusomaroff

Hey BP I am running into a problem that I'm sure MANY of have already dealt with. I am looking to purchase a self storage facility but am having a difficult time finding the unit mix. I had to sign an NDA to get the information released, however it does not have the unit mix on it. I spoke with the listing agent about it and he said that he is not sure about the mix and that the owners are difficult to get information from. 

So I called the facility to try and find out some more info.

She told me they have:

5x5

5x10

10x15

10x20

But she would not tell me how many of each or give me any sort of breakdown whatsoever of the mix.

How do I get around this?

Am I allowed to go to the property to try and figure out the mix myself?

I am not sure what I am legally allowed to do after signing the NDA.

I would love any form of advice or tips you guys have

Thanks!

Congratulations @Scott Meyers for crushing another one!

@Bethanie Blomeke... I would love to help you out with finding deals. I am a wholesaler that LIVES in Jax and I am direct to the seller on every deal I send out, the times that I am not direct to the seller it is because someone who works on my office is. I DO NOT "Daisy Chain" properties AND I make sure that I can sell a DEAL to an investor.

My process is like this...  Send out 1k mailings, get 100 people to call about the mailings, 10 of those people are what we consider deals (meaning there is enough meat on the bone for the seller, myself, and the buyer). If I cant give the investor a good deal then I do not purchase the property.

What I consider a DEAL: If you are looking for buy and hold I will not send you anything that is less than a 9% return at the *current rent*, however I almost always get 10%+ return for my investors. 

If you are looking for a Flip than I will only send you deals that you get 15%+ return, but I have never sold one at a 15% return, they have all been 20%+

I am also a licensed Realtor and abide by their code of ethics and work for a company that actually has the funds to purchase all of the properties we put under contract.

I suggest you check out our website which you can find on my profile (not sure if I'm allowed to post it on here)

@Mark Friesand @Jack Bobeck Are both extremely well versed in this market (I've been reading their comments for years) and both have their own experiences with wholesalers.

Not all of us are shady :)

I would love a chance to help you achieve your REI goals.

Tyler Rusomaroff

EquityPro Jacksonville

Give me a call anytime! 

Good Morning wonderful community on BP

I am looking to build a very strong buyers list of investors that buy property in Florida but I want to build it the right way. It seems like investors come and go as quickly as wholesalers!! 

I have many off market properties that I am direct to seller on and each day I add a few more. Before getting a property under contract I put in place an exit strategy- whether it would be more profitable as a flip or a rental. A lot of work does go into to each of the properties I find and I want to connect these deals to serious investors.

Emails are sent out 2-3x per week max usually always have new deals on them.

If you are interested in receiving these properties please drop a line or shoot me a message.

Also, if you have any good tips or strategies on how to go about building a strong buyers list and what to watch out for or just have a piece advice you would like to share, I would be extremely grateful.

Cheers Everyone!

@Ryan Saldanha No probelm. I would reach out to local investors and talk to them about it. I don't know the Tampa area that well other than the Bucs are going to win the Superbowl next year.  Just network like crazy and tell everyone what you're trying to do.

Wish I could help more

Hey @Ryan Saldanha I just wanted to jump in after reading some of the other comments.

I have my RE license and I am apart of NEFAR in Jax, I suggest at least getting your license. The only reason I got my license was to flip houses.

Also I have worked for 3 different brokers with 3 different companies and I have never paid a desk fee or any other fee for that matter other than a portion of my commission. But the portions were tiny.

Broker x :35%

Broker y : $250 per transaction

Broker z : 0.00

Devin, Good job man, you have officially taken the first step! This is a great place to ask questions and get helpful tips. From my own personal side, I would suggest that you get your license, find a realtor who also does investments and ask a million questions. Knowledge is key in this business. Think about joining JAXREIA. One thing I learned (I did exactly what you're doing) is DO NOT trust everyone. Some people will absolutely try to take advantage of your lack of knowledge and age. Be very careful. You can waste a lot of time working with the wrong person. That being said.. you can also accelerate your learning curve if you find the right mentor. Best of luck and I look forward to one day doing a deal with you!

Sent you an email!

What's asking price?

If anyone needs a good realtor who is focused on investments, I'm your guy!!!