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All Forum Posts by: James Syed

James Syed has started 52 posts and replied 1126 times.

Post: Average rates for commercial loan for 12 unit complex

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

@David Stone

Where is the property located? I might be to refer you to some lenders.

Post: Average rates for commercial loan for 12 unit complex

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

@David Stone

@David StoneWelcome to BP.

Try a local lender. Maybe a credit union. You might be able to get one. 

Good luck.

Post: Best Postcard Service for Small Batch/Several Week Mailers

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

@Nick Zocher

Welcome to BP. 

We use prospectplus, the tempco and vistaprints. My best price is 44 cents including first class postage with vistaprints. 

Hope it helps.

Post: direct mail

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

@Virginia Jones

Welcome to BP. 

Postcard is the cheapest way to direct mail marketing. It will cost 50 cents for a full color postcard. Depending on your farm area, you will need to do it on a minimum of 1000 to get some kind of a response. 

There are many list providers out there including, but limited to:

listsource

millessadata

vistaprints

corelogic

srds

etc.

Hope it helps. 

Post: Direct Mail marketing campaign rookie!!!!!!!

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

Welcome to BP. 

Absentee owners is good one to start with. Good list means targeted marketing instead of mass mailing.

We have a targeted list that we mail over and over again.

Hope it helps.

Post: Chicago South Austin Neighborhood Multi-Unit Investing

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

@Sade Adejumo

Welcome to BP. 

Great job of finally pulling the trigger. 

ROI will depend on many factors. Since we don't have numbers, it will be hard to compare. Check out the neighborhood by going on to cpd website.

Hope it helps.

Post: New Member from Illinois

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

@Loreal Flowers

What zip code do you cover?

Post: New Member from Illinois

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

Welcome to BP. 

@Loreal Flowers

It's a great place to learn and network.

Post: best return - 1 or 2 bedroom apartment purchase? Tampa FL area

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

@Marelyn Valdes

Welcome to BP.

Thank you for sharing your experience. 

I believe 1 bedroom in general is trouble.

Post: ARV for Springfield Missouri

James Syed
Posted
  • Real Estate Broker
  • Mount Olive, IL
  • Posts 1,147
  • Votes 309

@Justin Lloyd

Welcome to BP. 

1. Hire an appraiser. 

2. Get local broker for a BPO / CMA.

3. Get a local investor assist you with it. 

Hope it helps.