All Forum Posts by: Nick J.

This may not be worthy of posting to some but I just had one of those, 'ahhh, this is pretty cool' moments.

Years ago when I was getting started, I was attending a lot of meet ups, seminars etc... like most newbs do, no big deal.

One of the first guys I went to, to see in a Thursday night 'meet up' was someone who wasn't selling really a course or program so to speak, he was selling his services to other active investors. I can't give too much details because local guys could probably figure out who I'm talking about.

Summary is, this guy was one of those that were really active and not just a pushy salesman. I always liked the guy even though I didn't end up needing or wanting his companies services.

I just received an accepted offer I submitted on a multi-family yesterday and his signature is on the sellers line.... I didn't look to see who the seller was initially but now that I notice it, seems like I'm hearing the Lion King soundtrack, circle of life playing in my head.

This isn't one of those stories you hear where a supposed big time investor is losing his shirt but just a simple coincidence I thought it was worth telling someone. Thanks for reading! Now, onto opening up escrow.

very accurate. Its creating a feeding frenzy where buyers are offering cash, over asking price. A lot of the financed buyers are getting beat out and the one that do get an acceptance, are not getting the appraisals they need to close on the property. Appraisals apparently haven't caught up and a lot of retail buyers are being required to bring additional cash to closing or losing out and having the deal fall apart.

I've been heavily involved in purchasing and working with some clients on smaller multi-families, mostly tri's and quads over the last few months. Its starting to even ripple into that niche market as we're having to make full list price offers, and some even slightly over. While the numbers are still decent, it doesn't make you feel like you're a getting a great deal knowing you're paying asking price.

On one 4plex in your neck of the woods Rich in Casa Grande, we got countered with a highest and best multiple offer situation. That's unheard of lol...Especially for Casa Grande.

quick, clean and simple introduction! Welcome Heather Olson.

Welcome Eli!

you're right, a lot of the questions you have will have likely already been asked. There is a search function towards the top right of this screen. Utilize that and if you can't find the answer to your specific question, then by all means, create a new thread asking.

You'll find that there are other members close to your areas that you can connect with. In addition to this site, also consider joining up with local investing associations. While you're there, inform them of this amazing resource/site and ask them to join as well.

Good luck to you. Make sure you stick around, get involved in conversations and soak up all you can share what you learn and your experiences for others to learn from as well.

just throwing this out there if we can put something together, I vote for this place http://www.chicagohamburger.com/

I know the owner and I LOVE the sliders and baskets of fries!!!

Whoa......

Sometimes, you just can't make up this crazy stuff lol...

Patty Nelson, message me his name. I'm sure I can easily dig up info on this specialist and figure out what and how he's doing what he's doing. If he's using a BINSR, then I do believe he is using his license in these transactions.

(disclosure) I'm also 'licensed' but this guy sounds like he 'takes the cake and eats it to'

weekday trips down to the Big House are out of the question for me :(

Can you give us an example Patty?

I knew you would be. I promise, I'm feeling much better now! Last time I saw ya, I was worried I was gonna get your family sick :( I hope you didn't think I was purposely avoiding you at the airport/plane.

L Gale, chances are, it might not be until the beginning of May. Depends on how many locals wanna meet up.

I'll admit, I'm slightly jealous of all the TX guys and your recent spur of BP meetups.