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All Forum Posts by: Mark Milan

Mark Milan has started 10 posts and replied 42 times.

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

Thanks for the many inquiries!

If you PM'd me about this property and I have not replied yet, please PM again as I deleted one of the messages accidentally.

Mark

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

This is a great opportunity so I don't want to let it die on the vine. For the many who have looked at this and had some interest… I would consider a JV on this property. If you are interested in the possibilities, PM me.

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

That is one of the other reasons. It doesn't happen often, but I've had people try. Im from NJ don't forget. I'd like to be more laid back (its my nature) but not always so easy to do here.

As for the info … that is on the NDA itself. It essentially keeps the details of the discussions and agreements between the parties involved in the transaction. Nothing outlandish.

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

@Jon Holdman
First: We are wholesaling this property and do have a contract.
But Good question. There are several reasons:

1- I work with a lot of investors and sellers across the country. Each has their own requirements and in this case one of the parties required that NDA be secured with our potential buyers.

2- I often do so to narrow the field and find out who is truly a potential buyer. Someone who will take the time to sign an NDA is likely not just kicking tires.

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

SALE TIME! Taking money out of my pocket to make this work for you.

Ok all. Many PM's and reviews. Some tire kickers, some real buyers, and some good feedback. Time to get this property moved.

Reducing sale price by $8500 to give our buyer a 34%+ ROI.

See financial model.

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

Hi Shawn-

PM me w an email address and I will send NDA… followed by financials.

Thanks!

mark

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

@Jon Klaus… thank you Jon.

Sorry for delay, all. About an hour south of Indianapolis.

Post: Rental Rehab in Gary Indiana. 24k All-In!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

ARV?

What are the line item amounts for the repairs needed? (how did you come up w 12k number?)

Post: ACT FAST: 9 Unit, 14% Cap, 31% ROI (assumed 30% down). Will not last!!

Mark MilanPosted
  • Wholesaler
  • Gladstone, NJ
  • Posts 47
  • Votes 1

Property is in Indiana.