All Forum Posts by: Matt Harris

Congrats everyone and good luck

agreed just had this same discussion with someone about rochester,ny. Land bank doesnt even buy or touch the worst areas yet they push it like their helping in those areas but arent. Also theres definately profits being made and going into someones pockets when its suppose to run as a non for profit. 

sounds good, would you be willing to meet up sometime to connect? do you attend real estate meet ups?

Hey larry congrats on your new buy. Just curious are you self managing or using a company? Thanks

I may have someone depending on locations and what your seeking. Please pm me. Thanks

I would purchase. But only because i manage my own and cut expenses. But not for an outsider way too risky

i have a broker here locally that can probably be of help just let me know. 

Congrats on your growth. Best of luck

Best of luck. Any questions feel free to reach out anytime.

Yes i agree thats why i stated this is risky, the situation is poor management and seller was over leveraged but lender agrees to take a loss and also finance to try and make something work. To buy into something like this with financing would need 20% down about 100k or more in this area. So getting an upfront break with plans to value add with better management and hands on turnovers. Thanks for the warning though