All Forum Posts by: Matt Harris

Anyone interested in real estate. Have an offer and i will be honest this is somewhat risky, but with risk is reward...need someone hands on.. update on the numbers and deal. 100% financing which is unheard of for 25 units consist of a 6 unit half occupied, 4 unit fully occupied and rest doubles and singles in lower class c areas in rochester. Need about 20k or so to close can possibly spilt. Collected rents of 9 to 10k currently with potential of 17k or so. Cons: Price points are tight, lower end areas,needs some turnovers,vacancy. Pros: value add,cashflow, no banks needed 100% financing and opportunity to grow with lender. We can partner and spilt expenses and income, i can handle turnovers and management. To seriously discuss or get more info let me know

What areas are you interested in?

Depends what area class or location, rochester market changes by street. Some specialize in areas others wouldnt. Glad to answer any questions 

Depends what area class or location, rochester market changes by street. Some specialize in areas others wouldnt. Glad to answer any questions 

Sorry i decided to keep it. Please pm me to discuss other opportunities. Thanks

Here for any questions.

hey good luck with all you do and sorry about your experience with doug hirt. I have faced the same with the man. From what i know he finally got caught up by all his scams. But as far as an llc i agree with the above usually every few properties form a new llc. Obviously the bigger you get the more risk involved so would require added protection. 

I agree good start but those taxes are way too low. We have some of the highest taxes in the country but barrier to entry as a price point, steady rental population and fairly steady rents make this a great market. With taxes, dont forget city along with county taxes. Best of luck

welcome and good luck on your goal

Congrats