All Forum Posts by: Brian Bradley

Since your were talking about starting up, Go talk to your REI CPA and attorney to see how the tax changes will effect your investing, current partnership agreements, future intended agreement and how you incorporate your company. Huge change is depreciation write-offs and partnership classification as active or passive. Possibly consider equity partnerships now rather then passive partnerships for a silent investor, and crest paper trail of engagement my investors.

FYI, Go talk to your REI CPA and attorney to see how the tax changes will effect your investing, current partnership agreements, future intended agreement and how you incorporate your company. Huge change is depreciation write-offs and partnership classification as active or passive. Possibly consider equity partnerships now rather then passive partnerships for a silent investor, and crest paper trail of engagement my investors.

Go talk to your REI CPA and attorney to see how the tax changes will effect your investing, current partnership agreements, future intended agreement and how you incorporate your company. Huge change is depreciation write-offs and partnership classification as active or passive. Possibly consider equity partnerships now rather then passive partnerships for a silent investor, and crest paper trail of engagement my investors.

Looking for a buyers real estate investment focused specialist familiar with Canby, OR. Would prefer the agent to have investment properties of their own. Looking for multi family units for personal investments, as well as investments for clients. 

GREAT DEAL! PRICED TO SELL! Family Portfolio Liquidation. Broker is related to seller. 0.55 acres; 10 units all 2/1. 20 beds, 10 baths. Laundry room onsite. Large parking area. Property is 0.55 acres one block away from Sunnyslope Shopping Center, which is very convenient to tenants. All Units are 2/1 in an easy to rent part of South Salem. Rents are $857 & highest rent at property is $925. Most units rehabbed with paint, carpet/vinyl & like kind fixtures over the last two years. New exterior paint two years ago. Significant upside potential by simply equalizing rents at the $925 level the property is already achieving, and or increasing rent to market level of $1,000 per unit. The operating numbers are actual. Quiet living in an established neighborhood just minutes from shopping, parks, banking, and restaurants.

Listing agent stated that the tenants pay for all utilities. Great news for Cash Flow. 

See listing below and contact for more information.

http://wvmls.paragonrels.com/publink/default.aspx?...

Deal Analyzed at Asking Price and rent stabilization $950

https://www.biggerpockets.com/calculators/shared/918662/8b8a3980-242a-41af-807c-4849f932f17e

Deal Analyzed at purchase price of $950K and rent stabilization $950

https://www.biggerpockets.com/calculators/shared/918662/5ad04b31-0001-4f17-b98b-f136281104b9

Deal Analyzed at purchase price of 950 K and all units rent increased to $1,000

https://www.biggerpockets.com/calculators/shared/918662/d2805753-aa70-448e-acdd-d5e78643993b

@Tim Coulter don't be intimidated or get stuck in analysis paralysis. Learn how to analyze th a property, and then find creative ways to get the downpayment you need if you don't have it all yourself. Use partnerships, you leverage your time and find somebody with the 20% down who wants to just finance, then refinance and add their investment on top of your loan and pay them back and own the property out right. Or get a HELOC on your house, use that money for the down, then refinance after one year and pay back the line of credit. Just start analyzing properties, at least one a day, after 25-50 it will be so easy for you. Then you really will know your farm market and what you need to find to get a deal done. Just do not get stuck in feeling that you can't move forward until you learn the next new thing, or that you can't move forward since you don't have all or any of the money. Be creative and ask you self "HOW" will I do this or "HOW' will I get this done if you really want it. The power of your "WHY" and "HOW" is amazing.

Broker is related to seller. Laundry room onsite. Large parking area. Property is 0.55 acres one block away from Sunnyslope Shopping Center which is very convenient to tenants. All Units are 2/1 in a easy to rent part of South Salem. Rents are $857 & highest rent at property is $925. Most units rehabbed with paint, carpet/vinyl & like kind fixtures over the last two years. New exterior paint two years ago. Significant upside potential by simply equalizing rents at the $925 level the property is already achieving. The operating numbers are actual. Quiet living in an established neighborhood just minutes from shopping, parks, banking, and restaurants. See listing below and contact for more information. http://wvmls.paragonrels.com/publink/default.aspx?GUID=18ff41ca-69fa-4c00-88f3-9ad6940254d0&Report=Yes 

book on estimating rehab costs on BP. and start building your network (CPA, Lawyer, Investors, Partners, Agents, GC/Inspectors/Handmen, PM) Then you will start knowing how to value the property and costs of repair etc. Know your rental market, know if your market cash flows or not, and how to add value to property to force it to cash flow and increase, get deals that have immediate ROI and equity. Stick to your numbers. But that means really doing your due diligence in you farm market. Know your closing costs, know your tax's from county tax assessor. Then you should be good to go for more dialed in and accurate evaluation.

Rare Portfolio listing / project listing for a homebuilder and/or developer looking for a new project.  Are you Interested in acquiring property with a future development angle? 2 cottages exist on the 1.04ac already, with potential to add up to 29 more units! Located in South East Salem, Oregon. The City has approved zoning change to allow MF according to development packet. There is also plans drawn up for 1/1. Can also pursue 2/1 - 2/2 with maybe a mix of 3/2. Property Listing is below. Contact for more information and to see the Development Packet that was filed with the City.

http://wvmls.paragonrels.com/publink/default.aspx?...

send me your evaluation and address of property. what the asking price