All Forum Posts by: Chris Tiff

 Hey Chris how's it going? We were at one of SC's events together a few years ago. I never went back after the initial fast track and one conference; I could smell something wasn't quite right. i guess you stuck with it huh? How's it working out? I shifted into tax deeds instead.

 If you look at it from Africa.

 Keith, there’s a company called ‘Tax Title Services’ out of California who will do a deep dive title search on the county FC process and, based on their findings, have affiliate title insurance companies who will then issue title insurance. It’s not a quick or cheap process, but could serve as an alternative to a quiet title actions in states where the legal process is onerous. I haven’t used them myself yet so I can’t recommend them personally, but they were recommended to me and I’m in a similar situation to you so I’m researching all my options. 

 Hey Eric. I will, but in upstate NY it’s not the easiest thing to find anyone in this price range with 10% minimum to put down and who has good enough credit to meet the underwriting criteria. In addition, selling to an investor is a quicker turn around; I can leave more meat on the bone and negates the Dodd Frank requirements for SF, because it only applies to consumer sales.

John & Grant- Thanks a lot guys. Very helpful.👍

Hey all.

I'm trying to reverse engineer some assets to create the broadest appeal to investors and I was hoping to call on the generous population of BP for some insights. As of now I've been more focussed on entry strategies, vendor networking and retail sales than wholesale/wholetail exits, so it's time to shift attention a little. To that end, I'd like to ask those who monitor the marketplace, what deal structures do you find have the broadest appeal to investors? Obviously when marketing to investors rather than retail buyers the conversation changes from mostly aesthetics to metrics, so what numbers (ROI, PP vs ARV, cap rates, cash flows etc) are buy and hold strategists generally looking for? Let's assume that free and infinite are a given and work backwards towards reasonable :) .

FYI, I’m buying mostly from tax sales and would be prepared to entertain financing the sale of the assets - hence the shift towards selling directly to investors.

Thanks very much in advance.

 Yeah, that’s usually the first thing I think when I haven’t seen my neighbor for a while too. Let’s keep it human.

Thanks Sterling.

Obviously there is no one size fits all answer to this question, because there will be trends and characteristics to each area that would weigh into the equation; but in a general sense, would it be preferable to purchase a premises to house a business, and effectively have the business pay for your investment, or lease and thereby avoid becoming the unwitting landlord of a vacant commercial property if, god forbid, the business itself fails?

Just curious to get some preferences.

Thanks.

Curtis and Ben,

Thank you both for taking the time to write thoughtful and quality responses. They were both very helpful. Hopefully I'll be in a position to reciprocate one day.

Cheers.

 I didn't think we did that here.