All Forum Posts by: Jim Growfer

@Brian Jordan good looks Brian! appreciate that

@James Mc Ree

If the broker has a good deal and im able to bring it to someone that will execute its win win win

@Brian Burke thats fine and understandable. but how do i even start building that relationship without POF?

or making offers on properties that have been on market for a while @Brian Pulaski

@Brian Pulaski because i'd be able to execute it before it hits the market hence building the relationship 

I want to connect with brokers and get in their circle. How do i get in their circle without Proof of Funds?

So if my NOI was 100k. i would do 100k/1.25 = 80k.

which means i have 20k cash flow?

anyone else agree?

@Fred Engh

A broker would never "by accident" make their cap rate too low, right?

if anything they would over inflate it?

@Fred Engh

i thought 50% rule was mainly used for apartment buildings if i include property management, Capex, and rest of utility/tax expenses.

But thank you, that helps a bunch