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All Forum Posts by: David Roberts

David Roberts has started 2 posts and replied 12 times.

Post: Any buyers in Indianapolis IN

David RobertsPosted
  • Contractor
  • Indianapolis, IN
  • Posts 58
  • Votes 2
Thanks guys, I'll start posting there. I don't want to upset anyone by posting in the wrong forum

Post: Any buyers in Indianapolis IN

David RobertsPosted
  • Contractor
  • Indianapolis, IN
  • Posts 58
  • Votes 2
It's been a while since I've been on here. I'm going to be much more active now. Are there any cash investors looking to buy in Indianapolis? I have some properties available.

Post: Bulk packages from Institutions and private sources

David RobertsPosted
  • Contractor
  • Indianapolis, IN
  • Posts 58
  • Votes 2

other than the banks I do have connections to large private owned packages. I guess that makes me the "broker joker". Again, thanks again for the input

Post: Bulk packages from Institutions and private sources

David RobertsPosted
  • Contractor
  • Indianapolis, IN
  • Posts 58
  • Votes 2

thanks for the help guys!

Post: Bulk packages from Institutions and private sources

David RobertsPosted
  • Contractor
  • Indianapolis, IN
  • Posts 58
  • Votes 2

Thanks for the input guys. One source does ask for POF and an NCND, but I don't think that is cause to dismiss the source. The other source just wants a soft POF and light LOI. I have worked with the second source for a few years and know they are legit. I'm just looking for buyers. I haven't seen a true POF come across my inbox :-D

Post: Bulk packages from Institutions and private sources

David RobertsPosted
  • Contractor
  • Indianapolis, IN
  • Posts 58
  • Votes 2

I have a couple certified sources that I can get bulk packages from. How much success have you guys had with buyers for large packages?

As an example I have a package with 78 properties in Canton OH for $4.5mil

I can get performing and non performing notes as well. I would love to JV these with someone who has experience with Bulk portfolios or who has a verified buyer. Look forward to hearing from everyone!

Post: How much to purchase a MLS account in Indianapolis

David RobertsPosted
  • Contractor
  • Indianapolis, IN
  • Posts 58
  • Votes 2

Yep, you have to have a broker hold your license for at least 1yr. Then she can take the broker class and hold her own license. The MLS is about $1000 to start and to maintain annually.

how do prospective borrowers view the list

Post: Private Lending vs REI

David RobertsPosted
  • Contractor
  • Indianapolis, IN
  • Posts 58
  • Votes 2

Good points!
You just decide what you want to do at the time. Both are great strategies.

Jim,
I have been investing in real estate for over 5yrs now and I do have a strategy my partners and I have used before in order to help roll the money and keep some properties back for cashflow.