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10 May 2017 | 0 replies
Hey fellow investors, I have recently been getting leads in southern ocean county lately.
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7 May 2019 | 33 replies
Hi Joe I don’t think anything easy In Southern California, I think small apartments and Masterlease options is an easier play than trying to find a single-family house for lease optionsI would first find private lenders that looking for a good rate of return Then look for small apartment buildings that are poorly managedYou want to go to Master lease and an option to buy from seller/owner Then you need some capital to turn the property around to increase rents Then you need some capital to turn the property around to increase rents In commercial property the property is worth what it generates in income NOISo if you increase the income, you are increasing the value of the apartment building The other idea is buying on SellerFinancing properties that need some work but they’re not good wholesale deals For instance let’s say you had an $800,000 property, ARV The property is free and clear and the people that are in the property are over 65 and retired They have not an improve the property since they bought itThe big problem is a new kitchen and updating bathrooms Let’s say all the repairs or $80,000 The Wholesaling offer is really low when you do 70% of ARV minus repairs What I do instead is to do a seller financing offer with a joint venture where I will buy the property fix it and resell and pay off their note in three months I charge a joint venture fee and use private lender money for the rehab I need a vacant house and no payments on the note for three months My joint venture fee is 3 to 5% The seller nets a lot more money doing it that way then doing a Wholesaling offer
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17 May 2017 | 9 replies
Hi Mindy,When I helped my sister find a vendor to replace hers in Southern Wisconsin it was about $6k installed.
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18 May 2017 | 3 replies
Hey, There's a southern Maine REIA.
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28 May 2017 | 22 replies
I felt like it was already too long, As far as capital goes, my partner had a few small investors for a total of maybe $75k, he himself had made a few hundred grand from a house sale in southern california.
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22 May 2017 | 9 replies
@Ken Min - I am an investor from Israel, doing flips, as well as buy&hold.
18 May 2017 | 3 replies
My name is Israel Smith and I'm interested in meeting or establishing a relationship with any mortgage bankers in the city of Charlotte, NC.
18 May 2017 | 2 replies
My name is Israel Smith and I'm interested in meeting or establishing a relationship with any mortgage bankers and investors in the city of Charlotte, NC.
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19 May 2017 | 1 reply
Looking to really start analyzing deals in southern California and out of state.
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26 May 2017 | 10 replies
I am an eager beginning investor in the southern California area and have been glued to BP for almost two weeks straight.