Additionally, if you have major development/reuse/rezoning plans, find a lawyer who works real estate in whatever area you are in and have them connect you with the right people to have the conversations to insure you aren't buying into a battle with the city/township.

Once you develop a relationship with them they can be a great referral source for both sellers (listings that they can't sell and at the end of their contract) and buyers (were under contract and just about to close only to find out that they can't qualify for the loan).Hope that helps @Moises Suazo!

Looking to speak to developers about a NoHo 13 unit project.

I think it would be rare to find a listing that plainly says "value-add opportunity," so I would need to develop my own skills at recognizing these things.

As long as you are consistent an have developed your own metric it really doesn't matter. 

This is a good time to develop a written policy and be prepared for the next one.And there will be a next one!

They see median home prices running $600K or so, and those are influenced by all these cool developers ripping out the old and put up brand new crazy-gorgeous glamorous homes -- literally million dollar homes in some cases.There are several houses in that area, very similar, same everything, that have been fixed up (in their current size and floor plan configuration) and flipped for around $285K or so. 

I wanted to develop a quick conservative method of weeding out properties so I wasn’t wasting my time.  

DJM Capital Partners is a private equity investment, development and asset management service company within the commercial real estate sector.I came across bigger pockets through a friend who is using his new-found knowledge to buy and hold in the Philly area.

It was financed through private investors that the developers lined up.