Seth Church
From vagrant infested problem property to gold mine.
28 December 2024 | 1 reply
I was building a new laundromat in the best retail area of our town when our job site got its tools and copper robbed for the second time.
Hermes Kanaris
Wanna be a surgeon? Dissect this deal with me.
24 December 2024 | 12 replies
I'm looking around to find some investors to take it from me and just feel a little lost with dispo, i want to make my deals super sweet sugar coated cherry on top for all my investors on my list so what i ask is if you can rip apart this deal for me and make sure i have enough meat on the bone for my investors, below are the statsFirst off address, 1011 Richard Bell Ave Perry FLPurchase price $110,000Seller says the bank is willing to let go of mortgage for $91,000ARV $180,000-$200,000Needs new roof (20 years old) and central ac system went down about a year ago (around 4k for 3 ton ac)Ive been in roofing for about 2 years and im estimating the roof will cost between 18k-20kI take constructive and negative criticism very well and i only want to improve, no opinions are unwelcome i want full scrutiny with this deal please.
Penny Peng
Preferred equity or common equity in a syndication
13 December 2024 | 10 replies
@Penny PengBig piece missing here - what is the best component ?
Dakota Williams
Please help new investor!
10 December 2024 | 8 replies
Property details: 3 bed 2 bath both sides with attached garages, aluminum siding, copper plumbing, 1972 construction, separately metered, all electric water heater, range, dryer, public water and public sewer on a slab foundation in a great school district right next to brand new construction everywhere.
Leah A.
Seller looking for wholesaler
27 December 2024 | 16 replies
There is a mortgage so that also adds to the amount desired, though my inexperienced self still feels it would sell for a pretty penny once fixed up.
Jeremy Dugan
Apsiring RE Investor // Western, MA & Northern, CT
9 December 2024 | 4 replies
I'm an experienced project manager with hundreds of cradle-to-grave efforts under my belt, including building project scopes and budgets, evaluating contract proposals, and managing construction to maintain the delivery of high quality products on-time and in budget.Penny is a licensed clinical social worker (LCSW), serving the community mental health needs of parents, children and families.We both recognize we have an immense opportunity to serve our community and want to capitalize on the blessings we have been provided so that we can continue serving our neighbors.My wife, Penny, and I are looking to transition into commercial multi-family real estate in 2025.
Lorraine Hadden
Is online shopping causing the death of Malls - What does that say for Commercial RE?
13 December 2024 | 13 replies
The Hilltop Mall (standard shopping mall, Macys, JC Penny, escalators, if you were alive in the 90s you know), in Richmond CA was purchased in 2021, but the buyers aren't doing any of our brilliant peanut gallery suggestions.
Del Brady
Can an introvert without a sales background succeed in REI?
22 December 2024 | 9 replies
And you do not need a penny to start REI - many people's first investment came to fruition because of friends, family, or even partners.
Wayne Michalak
Value add outdoor RV, boat parking with room for expansion in SE Michigan
9 December 2024 | 6 replies
I added a new software platform, got rid of all abandoned vehicles, raised rents, seal-coated and striped parking lot, took out loads and loads of trash, got the phone number working and started marketing to local community groups.
Denise Evans
Identify All Acquisition Costs Before Buying
20 December 2024 | 2 replies
Hey @Denise Evans and everyone diving into the BRRRR world, you’re raising a crucial point about making sure every single penny is acounted for before signing on that dotted line.