All Forum Posts by: Jeffrey Mcintyre
Jeffrey Mcintyre has started 10 posts and replied 43 times.
Post: Cole Realty Resource Reviews

- New York City
- Posts 43
- Votes 13
@Jonathan Loynaz Just curious, why do you think its not good for Wholesaling?. I'm currently looking for a platform to provide me with number to Cold-call.
@James K. Did you ever sign up with them? I have a webinar with them in a few days so they can show me how everything works...How do you Both like the Mojo dialer, is it worth it?
why not just cold-call?... its quicker
Post: REIPro vs REImobile

- New York City
- Posts 43
- Votes 13
Great.. i'm looking forwarded to testing this out..I would like to shift over from REIPro..as information is not up-to-date...
Post: School me on master leases/sub-leases

- New York City
- Posts 43
- Votes 13
@Daniel Ruby you're not the owner, you're renting( leasing) the property with the Option to buy. This will need to be carefully explained to the insurance-agent,because some of them may not be familiar with this type of strategy.
Try letting them know what you're actual position is during the transaction. I'd probably advise them that you're a Contract-buyer and will be leasing the property; hence the need for insurance.--I would probably also be listed under the Owner's insurance as "Additionally Insured". but have your own insurance agent..don't fully trust The owner's agent as they're probably more interested in defending the Owner of the property.
Post: SJ 4-plex - what's the proper way to calculate annual rent income

- New York City
- Posts 43
- Votes 13
did you ever get the deal? what where you approved for by the lender?
Post: Flipcomp

- New York City
- Posts 43
- Votes 13
yup.. its $149 a month...I just tried signing up for a subscription , but the html-form is not working.. I called out to support and i'm actively waiting for feeback.
Post: underwriting ( commercial apartments) 13+ units

- New York City
- Posts 43
- Votes 13
@David Cruice Thanks for the information, much appreciated. --just ordered the book on amazon...looking forward to expanding my knowledge. thanks again.
Post: underwriting ( commercial apartments) 13+ units

- New York City
- Posts 43
- Votes 13
Hello,
I want to start practicing how to underwrite Deals. I understand NOI, CAP, GOI, GSI , DCR , OP-Exp ( and i'm sure theres more). but I need some deals to look at so i can practice determining whether something is a deal or not... Loopnet doesn't help out very much because not all the brokers show all the information. Can someone point me to a source that has the needed information up ( including Rent-Rolls etc..) or do I need to contact the broker for the Financial statement?
Any help would be greatly appreciated.
Post: Cold Calling Pre-foreclosures

- New York City
- Posts 43
- Votes 13
Great Post...its one thing to here suggestions from a "REI-Guru"... but its a completely different thing to hear it from someone on the other side of the fence.--thanks!
Post: Cold Calling Pre-foreclosures

- New York City
- Posts 43
- Votes 13
Originally posted by @Karen R.:
As one who has been through pre foreclosure, I can tell you that your approach will probably get you a hang up. Luckily I was able to get through this on my own, but I did hang up on many who called. To me, they were "vultures"... even though you are not a vulture,that is the mindset of those who are in such financial difficulties. After all the "tricks" of debt collectors, people in pre foreclosure are suspect of anyone who calls. Do not ask "what can I do for you"... TELL them what you can do. Do not ask for personal information. Do not ask for financial information. Just don't ask. You have all the info you need. They are in trouble and you can help them. TELL them that first. Explain what you can do to help them KEEP their house...or buy their house and give them an extra ten grand after the bank is paid off. They aren't stupid, they want the facts. Do not start your conversation with questioning them, start your conversation with how you can help them, and be specific. Hope this helps