All Forum Posts by: Jeb Brilliant

Question!!!

Is Cash On Cash return based off of JUST the downpayment needed or the total acquisition price? 

Let's say it's $1m sale price and 20% down is $200k. Is your calculation based solely on the $200k or all the other expenses as well like loan cost, fees, points, closing costs, etc? 

I've always calculated the COC based on ALL the expenses but I believe a certain agent is trying to convince me to only use the downpayment amount in my calculation.

Thanks VERY much. 

Hi @Richard Covarrubias I invest in Indy from California. I prefer value add plays but if you can get into a TK property that leaves some meat on the bone like @Jeff Schechter says he has I would consider that. 

I typically just don't find TK to leave me with enough exit strategies/options. 

Just remember to hire an independent inspector. 

Welcome @Jennifer Fields. I invest in Indy from out of state. If I can help and answer any questions or give some referrals/suggestions don't hesitate to DM me. 

Good luck! 

@Alana Nevares You need to learn what to look for in good and bad areas. The most common are coffee shops and breweries in areas that are up and coming or already good. In bad areas it's going to be tire shops and cash checking locations. If you want some additional info feel free to DM me and we can talk. 

Good luck,

Jeb

@Michael LaRocca To be honest I don't know @Jeff Schechter but he's absolutely right about the small MF. I bought some cheap ones and people don't want to share a wall if they can avoid it. If you want some referrals to agents and wholesalers in Indy send me a DM. Good luck.

How can we help you in your investing career?

Come to the next meet up to get your questions answered as well as network with local BP'rs.

This local BP real estate meet up is for people in and around Los Alamitos, Long Beach, Seal Beach and beyond. I want to invite you to our FREE monthly event. This is for new investors and experienced pros, for buying locally, out of state, note buyers, JV partners, syndicators and any other type of real estate related investment. Seasoned investors will be there answering questions for newbies.

***The event is FREE and there will be absolutely NO sales pitches for books, seminars or guru’s.***

When: The Last Wednesday of the Month
Time of the event: 7PM
Location: Taco Surf restaurant 10542 Los Alamitos Blvd, Los Alamitos, CA 90720
Fee to attend: FREE

Thanks very much and I hope to see you at the meet up.

Best,
Jeb Brilliant
562-296-2596
[email protected]
BiggerPockets.com/users/JebBrilliant

 Hi Peter,

I’m always happy to chat about real estate and Indianapolis/Indiana. DM me and we can meet up. 

Best,

Jeb

How can we help you in your investing career? 

Come to the next meet up to get your questions answered as well as network with local BP'rs.

This local BP real estate meet up is for people in and around Los Alamitos, Long Beach, Seal Beach and beyond. I want to invite you to our FREE monthly event. This is for new investors and experienced pros, for buying locally, out of state, note buyers, JV partners, syndicators and any other type of real estate related investment. Seasoned investors will be there answering questions for newbies.

***The event is FREE and there will be absolutely NO sales pitches for books, seminars or guru’s.***

When: The Last Wednesday of the Month
Time of the event: 7PM
Location: Taco Surf restaurant 10542 Los Alamitos Blvd, Los Alamitos, CA 90720
Fee to attend: FREE

Thanks very much and I hope to see you at the meet up.

Best,
Jeb Brilliant
562-296-2596
[email protected]
BiggerPockets.com/users/JebBrilliant

@Jeremy Mims DM me and I’ll give you a few names. 

@Anthony McHale I live in Long Beach and invest in Indy. I did it to be a great city and state, very owner friendly and lots of great economic reasons as well. I run a meetup in Los Alamitos if you ever want to talk in person about Indy. I am also happy to chat on the phone.