All Forum Posts by: Adam Vraa

Joe Seegers, I would be interested in a meetup.

Hey Logan, I’m just getting started in REI and I live just west of Appleton (New London). I would love to get together and talk REI and possibly partner up on somethings. By the looks of your profile we have similar goals, however you are a bit ahead of me. Let me know if your interested. Thanks, Adam

Hello BP, I’m curious of your thoughts on the following buy and hold acquisition strategy. Direct mail campaign targeted towards owner occupied SFH with owners over the age of 60 with 50%+ equity. With the following scenario described on the mailer. “Need money for Retirement? Interested in selling your house but don’t want to move? Sell your house to me and I will rent it back to you. Instantly increasing your disposable income and housing flexibility.” Any thoughts?

This is very helpful, thank you.

Hello BP, I’ve just started my investing journey (education phase) and one deal that I’ve come across has left me with a question that I can’t seem to find an answer for. It is possible that I’m just overlooking the obvious. So this deal is for 2 4-plex apartment buildings that aren’t connected, however they are identical and share a small parking lot. The owner is looking to sell them both, however he wouldn’t be opposed to only selling one. So my question is, if I purchase both buildings, would it be considered a commercial or residential deal? The main reason why I’m asking is to determine the best method to value the deal. NOI and Cap? or Comps? Thank you and any insight is greatly appreciated.

Hello BiggerPockets, I’m an enthusiastic big picture minded individual looking to dive into the exciting world of REI. I’ve read books and articles on Flipping and acquiring Rental Properties, however they can only get me so far, as I’m the type of person that learns by doing. Thank you for the warm welcoming. I must say, I’m so happy there is such a great collection of resources available to help people make positive impacts on their daily lives!