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13 July 2016 | 10 replies
@Cody Krecicki Here is the strategy I employ, 1) Reinstate the loan 2) Modify the loan 3) REO 4) Rental ( I wrote an article on this but I cannot self promote)Each note has its own story to tell.
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24 October 2016 | 17 replies
I bet these duplexes are on 77th street south or Oporto - Madrid Blvd.
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30 November 2016 | 6 replies
Your Pro membership allows you to post deals, services, self promotion and ads.In order to post a deal in the Marketplace, you MUST have equitable interest in the property, meaning you must own it or have it under contract.
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3 February 2021 | 0 replies
Would love to learn about what your role ishow large your company iswhat your investment objective is (cap rate, promotes, price range, location)demographics you look formarkets you like and whyEveryone is different, but understanding the why paints a picture.
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26 November 2007 | 6 replies
That will keep your personal name off the tax records and promote privacy.
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2 September 2014 | 6 replies
I'm new here and i'd like to get some opinions on a deal i'm looking at. it's in the Chicagoland area.it's a commercial deal, mostly retail (3U) with one office unit on the second floor.the deal comes with an empty buildable lot, and about 30 parking spaces in the rear.building is reo, and has been bank managed for years. they were advertising it at a decent psf price, but they were promoting it as being almost twice the size it actually is.they were asking about 425k for 10,000 sq ftit is only 5200 sq ft of rentable space-3 storefronts and an officethe buildings are rented at 3600/mo modified gross with 2-5 year leases. taxes are 13,000all commercial spaces rented, office has been vacant for several years. from my analysis, at 260k it gives me 8.3% cap at 1.36 dcr, and if i can get a tenant upstairs, i can add additional income to increase these numbers.@ 260k, it is still more per foot then they were asking. @ 219k, i'd be at their asking price per foot. they seem to think upper 300's, low 400's are the magic number.295k with 20% down seems to be the top number to squeeze in 1.2 dcrI'd like to offer 210-235k my goal is income first, value add second- so if the numbers don't work on income-i'd rather not waste my time.what would you offer, and where would you start negotiating?
17 September 2014 | 7 replies
Everyone else is promoting the same deal because there's either some out of area people involved like Nathan said or perhaps several newbie wholesalers that don't know how to find their own deals.
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10 December 2014 | 2 replies
We are releasing a new dashboard that will have a checklist covering all recommended setup items and another checklist for all recommended promotion items.
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14 December 2014 | 3 replies
Use promotional code: "BOOKDEAL25", I believe it ends tonight.
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14 October 2015 | 7 replies
The larger firms can be challenging, especially if the manager you like working with gets promoted and the next guy doesn't know as much, but they are also always there, even if one goes on vacation, a necessity for an out-of-state investor.