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All Forum Posts by: Allen Berrebbi

Allen Berrebbi has started 23 posts and replied 82 times.

Quote from @Bailey Coleman:
Quote from @Allen Berrebbi:

I was wondering if anyone had a pitch example or template I can use, for a private investor to assist in either financing the whole project or the downpayment. Thinking a two-year note, convertible into the increased equity or pay back


 I do , we can talk offline since this is more personal . Message me 


 I DMed you

I was wondering if anyone had a pitch example or template I can use, for a private investor to assist in either financing the whole project or the downpayment. Thinking a two-year note, convertible into the increased equity or pay back

Quote from @Brad Stegall:
Quote from @Allen Berrebbi:
Quote from @Jonathan Klemm:

Hello hello @Allen Berrebbi!  If you are a fan of Perioa Illinois you should connect with @Brad Stegall he's a big investor in the area and has a large meetup there.

I say invest for your Grandson!  You can probably also teach him about real estate which would be invaluable.

I will and thank you so much!

 Would love to discuss Peoria with you sometime.  Everything that we own is within 1 hour of here.  We have 500 residential units and quite a bit of commercial too.


 Just DMed you

Quote from @Jonathan Klemm:

Hello hello @Allen Berrebbi!  If you are a fan of Perioa Illinois you should connect with @Brad Stegall he's a big investor in the area and has a large meetup there.

I say invest for your Grandson!  You can probably also teach him about real estate which would be invaluable.

I will and thank you so much!

Post: Jasper Arkansas Investing Potential

Allen BerrebbiPosted
  • Posts 82
  • Votes 10

I was hoping to hear from the host who invested there and why but nothing yet.

Post: Jasper Arkansas Investing Potential

Allen BerrebbiPosted
  • Posts 82
  • Votes 10
Quote from @Aristotle Kumpis:

Jasper is a pretty small town from what I see. You'd be better off of in Little Rock. I actually work with a great team in LR that offers turnkey and new construction. And the rental market is pretty stable. But Arkansas has really good landlord laws, so it has that going for it. 


 I’d love some information. 

Post: Jasper Arkansas Investing Potential

Allen BerrebbiPosted
  • Posts 82
  • Votes 10

Its a long term low cost play for me. Buying for my grandson. The other areas you mentioned are too high for this particular need

Quote from @Dominic Mazzarella:
We will see :)
Quote from @Dominic Mazzarella:

I have personally owned and managed a multifamily property in Illinois and after selling it I said I would never invest in that state again. I had constant issues with the local government and the taxes were absurd. But that's just my two cents.


 That is my concern too. Prices are great but the government is worrisome.

So I used to work for a basketball tournament that played in Washington IL every year and so I often visited that town plus Peoria. I have always been fascinated with Peoria, though I’m not sure how investor friendly Illinois is. And now I see it mentioned here and in newsletters as an up and coming place.

I’m a huge fan of industrial neighborhoods and buildings and it has a cool little district.

I have two interests.

One is a mixed use building in the core or downtown, but as a remote investor, concerned about lengthy vacancies.

The second is a long term play. A small house or duplex for my grandson, a set it and forget it type of investment. I won’t be touching the cash flow for many years, just looking for rent stability and some growth.

Any thoughts or advice?