All Forum Posts by: Warb K. Wilcox

Looking to connect with multifamily investor familiar with St Louis Missouri.  

Yes you should see the original pa other wise you wouldn’t know the terms of the contract your taking over always get a copy of the original pa

Hi Jeannie yes you may give me a call. 

Hi Roberto

It’s definitely a very active market you have to be quick on the trigger I purchased two last week.

I look for 12% ROI on any rental properties in general.

 currently finishing up one in Creighton but I don’t have a set area I go with the numbers mostly. I have been targeting parts of DIP lately 

Hi Ramon 

What type of project are you looking to do in Mobile?

Hi Thomas I would love to connect with you. I am currently looking for my next project in mobile.

Yes 21k it’s great deals in Mobile right now very high Roi 

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $21,000
Cash invested: $33,000

Listed as a 3-1 converted to a 4/2

What made you interested in investing in this type of deal?

Cash flow and the upturn in the current market

How did you find this deal and how did you negotiate it?

Real estate agent

How did you finance this deal?

Cash

How did you add value to the deal?

Added a extra bed room and extra bath

Lessons learned? Challenges?

Make sure you have continuous communication with your contractor.