All Forum Posts by: Hal Reniff

Investment Info:

Small multi-family (2-4 units) private money loan investment in Buckeye.

They will be on a foundation- “stick-built".

Estimated cost of construction.
$75k/unit
$120/sq. ft x 420 square feet. Since we are building individual units we have to consider impact fees for each unit for the city and water sewer and water line for them
to have there own meters.

Once permits are approved, we estimate the first model to be done in 2 months. As 4 homes are being constructed we project no more than 6 months...worst case scenario maybe 8 months.

Investment Info:

Small multi-family (2-4 units) private money loan investment in Buckeye.

These are “stick-built” on site.
They will be on a foundation- “stick-build”. For now, project can begin at 513 E Centre.

As additional lots are purchased, the model can be duplicated to create multiple, quality communities.

Estimated cost of construction.
$75k/unit
$120/sq. ft x 420 square feet. Since we are building individual units we have to consider impact fees for each unit for the city and water sewer and water line for them
to have there own meters.

Once permits are approved, we estimate the first model to be done in 2 months. As 4 homes are being constructed we project no more than 6 months...worst case scenario maybe 8 months.

Thank you for your consideration. Hal

Should a member of an LLC, acting as the real estate agent, include the commission as part of the profit or be paid the commission and their percentage of the profits?

Thank you Dmitriy!

Thank you Erin!

We are offering a unique opportunity in Arizona to be a part of a portfolio project.Contact me directly for details and terms.
THIS OFFER IS NOT AVAILABLE TO YOU IF THE INVESTMENT YOU CONTRIBUTE IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS.

Investment Info:

Retail commercial investment investment in Buckeye.

Leased! When we purchased the land for our new builds, we were advised that the office and structure was considered a tear down. We did not agree and made the decision to make it the eventual headquarters of JTF Investment Group.
We decided to lease it to a local business as we increase our presence in Buckeye and surrounding communities.
Now we have positive cash flow and a refi opportunity as we await the approval of our blueprints to build 3 or 4 units in the front.

Investment Info:

Large multi-family (5+ units) buy & hold investment in Buckeye.

Purchase price: $325,000
Cash invested: $120,000

We purchased this 6 plex which is across the street from an elementary school. It was condemned and being squatted on by meth users. We cleaned it up, rehabbed, refinanced and have it fully rented. The neighbors are constantly giving us praise for beautifying the community. Washers and dryers in every unit.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $260,000
Cash invested: $42,530

We purchased this 4 plex and the 3 back units were rented but this front unit was condemned. We rehabbed the unit with all new appliances, including washer and dryer and are refinancing and holding.

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

We call this property The Cat House. We purchased as a condemned property and found many cats living inside. We had to capture and find homes for over 15 cats/kittens.

We went to court and was able to get the property out of condemned status on Friday. We have a list of potential renters, refi, and hold.