All Forum Posts by: Xavier Cabo

Hi Joe, not sure if this would be of any interest to you but our team is developing a new luxury community outside of Atlanta and is looking for development partners/investors. Please let me know if you want to learn more about this opportunity.

Our team is developing a new luxury community outside of Atlanta and is looking for development partners/investors. 

Contact Matt at 678-296-1476 for details.

Trades people and experienced construction lead person wanted for a project in Conyers, GA off Honey Creek (30-40 min from Atlanta).

Must have experience with high end renovation and construction.

Could be long term for the right candidate.

Must have access to skilled trades I.e. tile, painting, stucco, decks, drywall.

Also looking for Kitchen/Bath cabinet installation, Composite deck experience, exterior tongue/groove ceilings, Retaining Walls, Pool Construction.

Please send info on your skills and experience.

Trades people and experienced construction lead person wanted for a project in Conyers, GA off Honey Creek (30-40 min from Atlanta).

Must have experience with high end renovation and construction.

Could be long term for the right candidate.

Must have access to skilled trades I.e. tile, painting, stucco, decks, drywall.

Also looking for Kitchen/Bath cabinet installation, Composite deck experience, exterior tongue/groove ceilings, Retaining Walls, Pool Construction.

Please send info on your skills and experience.

@Audrey X. Thank you for your message. Would love to chat with your contact. I will send you a private message with my contact information.

@Amina Saify good to know. Thanks for the advice!

@Kelly Rambo thank you Kelly!

Hi everyone,

I am looking for a company/contractor in the ATL region who can build high end custom closets. Please let me know if you have any recommendation.

Thank you.

Xavier

@William Yeh My friend actually suggested this same idea of creating my own investment fund a few days ago. It is a lot more work to set this up but this approach has some significant benefits down the road. As you said, I would need to meet with my attorney to discuss the details of how to structure it. 

@Joel Owens Thanks for the input. I misspoke when I said they told me they guaranteed 20% return. During our conversation, they mentioned that they have compensated their investors about 20% over the last 6 years. None of their previous deals were new developments. You bring up a good point regarding the construction duration delaying investor return, no pay out until the property is completed and revenue comes in. 

@Jeff Greenberg thanks, your suggestion is a good alternative to the exclusivity agreement. 

Thanks @William Yeh for the feedback!

I am not a licensed broker. I wasn't planning on brokering deals like that but this opportunity came up. The operator has not done any new development yet (they have been using existing properties) but they told me they are interested in building a property from the ground up.

You mentioned that you have seen deal makers getting a healthy equity percentage when they significantly contribute to a deal, how much equity are we talking about?

I agree that it will come down to the negotiation with the senior living operator but also with the investor. With a 20% annual return, it is a fairly attractive deal so the investor should have incentives to compensate me as well either with a one-time fee or equity. I personally prefer to get equity (even small) since I am interested in building monthly cash flow. 

I figured that getting the operator to sign an exclusivity agreement would be difficult. I am not trying to limit them to only work with me, the agreement would require that they have to work with me if they want to partner with my investor on future deals. They could still work with another broker as long as he/she connects them with another investment group.

I like your suggestion to shop my services with other operators. It will give me some leverage during negotiation.