All Forum Posts by: Vince Lucas

HAVE YOU EVER WANTED TO GET IN TO REAL ESTATE? OR YOU ARE IN REAL ESTATE AND WOULD LIKE TO LEARN MORE ABOUT INVESTING WHILE YOU GET PAID. IF SO, THEN THIS OPPORTUNITY IS RIGHT FOR YOU! THIS OPPORTUNITY OFFERS A PART TIME SCHEDULE TO BEGIN WITH, WITH MORE OPPORTUNITY AS YOU GROW. REQUIREMENT: MUST BE HARDER WORKING AND HAVE A GENERAL UNDERSTANDING OF REAL ESTATE. I AM WILLING TO TRAIN YOU BUT YOU MUST BE WILLING TO PUT IN THE HARD. SERIOUS INQUIRIES ONLY.

@Brad M.

The biggest factors is finding a good team in whatever city you choose. If you do not great people helping you it doesn’t matter what city you choose.

@Jonathan Beemer

Just ask them for feedback.

I am considering purchasing a restaurant (business and building). I am trying to figure out the best way to put a value on this deal as well as all the things I should be looking into/considering. The “restaurant” (currently being used as a large bar), is pretty ran down and can tell owners are not really interested in it or even maintaining it, let alone try to improve it. I’d also like to know if financing is available for this kind of business/opportunity. Any and all comments/feedback are welcome and appreciated.

@Nic S. Property management is a very tough job. They have a lot of different tasks that going into MANAGING a property. Yes, property managers can provide some insight. Can you recommend a GOOD PM?

@Lee Ripma Glad you found something that works. I managed projects before but it become a lot of work and investor did not want to pay a fair rate when I pretty much did everything from start to finish. 

@Ryan Heywood I am glad you see the value. I am just surprised that a lot more investors are not actively searching for it.

@John Koster Feel free to send them my way.

@Ryan Evans Interesting. Would like to talk more.

@Dan Sarao Is hard because an agent wants to sell you something or they do not make any money and are just spinning their wheels.

@Lee Ripma I can see that as well. The issue with that is that it can be a lot of work for the boots on the ground to manage it. If investor is willing to make it worth the local's time then I can see something coming from that.

@Robert Matelski What is your channel?

@Michael Noto Agreed.

@Tom Ott I am saying that if someone is buying a turnkey investment they should consult with someone to give them additional information/point of view so they know what they are getting in to before they buy. 

I am just wondering if out of state investors/oos investors would find it helpful to work with a local expert that was not trying to "sell" them a property but instead someone who is advising them and letting them know what they are actually buying. I have heard many stories of oos investors buying a property and then figuring out that they purchased a property in a bad area or the area was not as good as they were told. Also, since many oos investors pay cash there is no appraisal done before they buy and they might over pay for it without knowing until they try to sell it. This expert would have a back ground as an agent, appraiser, investor as well as construction. I am located in Cleveland, OH and see the need but curious how others see it. 

Cleveland Remodeling Services

@Tim Bratz Well said!!!!