All Forum Posts by: Christopher Hunter

@Tim Pau. That is an option as well.  Just take your time and make the best decision giving all the facts you have for you and your family.  Have fun in the process.

@Tim Pau. Hello and welcome.  Sounds like you have a good problem to have.  Not having capital is not the problem.  The lack of knowledge is the main problem.  If you are not in a time crunch, just hold onto the lots, pay the property taxes and get educated to make the best decision possible with all the facts.  You are right for thinking of developing the property.  The question that you will need to ask is "what is the highest and best use of this property for top dollar?"  This is the best place to learn OJT in this situation.  The guy you spoke to is not the only developer in Orange County.  Look for developers here in BP.  Seek out contractors, builders and the like.  Talk with banks and credit unions to find out their criteria for these type of lending situations.  You need to find out what raw land is going for per square foot.  Confirm your appraisal that you have at $108/sq ft.  Take your time, get educated and have fun learning what to do.  If I can help answer any questions just let me know.

@Adrian Fajardo.Yes it does.  Thank you.  I am just starting to learn the numbers, get financing and into a property by the end of the year.

@Tim Herman. Thank you very much.  That is very helpful

Hello BP,

I am looking to start learning about duplexes, triplexes, and quads. I am an agent and have access to the MLS. I took a look at the BP analyzer and I do not have all the numbers to fill in the boxes. The biggest question is where do I grab the expense numbers from. I can find the local rents from Rent-o-Meter, I have watched and read stuff from Branden Turner. I just need help putting the puzzle together. Please advise.

Thank you

I am looking for Gap Funding in California to get my rehab project in Palm Springs started.

@Dwayne Jelks Jr.  Is there anything else you might want to add to this post?  Are you looking for deals?  Are you selling deals?  What is it you are offering with apartment buildings?

@Zack Aboona

https://joefairless.com/apartm...

@Jerry Akop  All of Seattle is hot right now.  I would move to the outskirts of Seattle.    I posted an article of the Seattle market some time ago on this topic.

@Frank Maratta Your local REIA meetings is the first place to start. Networking with PM, Brokers, associations in the area you would like to invest in.