All Forum Posts by: Adam Blachnio

@Elliott Elkhoury

That's why property management companies can take care of OOS asset.

I found that investors are focused on their local market because "they know it" even if return rates are much, much lower than in other areas...

If they decided to be REI, so assuming they want as high return as possible...

So why they not to jump on more profitable market?

@Alton Cryer

Note that Sellers often keep their ads while having it on contract. They just collecting prospects as a backup ;)

@Ernes Sahic

Study this https://www.landlordology.com/seller-financing-deal/ 👍

Looking for contact to Investors from Battle Creek / Coldwater area in Michigan.

Do you know anyone??

Wrong category, admin pls delete it.

@Charlie Anne

I would do comps from area how your units are compared in terms of price and amenities...

To know the answer: how your units are differentiate from area to attract tenants❓

@Ernes Sahic

To me it's worst than bank financing. Be aware of balloon payment at the end, coz definitely you will pay more than asking price was.

@Taylor White

I prefer to ask for review someone who is in this type of business not just who is attorney.

@Braeden Henry

I would use it as EMD for buying right turnkey 10-20units, to secure transaction, then find investor who will pay the rest and split the income but major focus after refinancing you can gain tax free even 100k from this, while still keeping the asset ;)