All Forum Posts by: Orlando Perez

@Jason Boritz We just recently finished an ADU in La Puente, CA. With approved plans it should not be that difficult. Our biggest set back was not even the setting up of power, it was the inspector putting the request to Edison, so that they could drop the line. That process has been one for the record books for delays after delays. One developer to another, I would inquire from you local ordinances on how to go about that process. Let me know how I can provide value to your project?

@Grace Ronquillo is your appraiser through the refinance company or is this your own? How exactly are they comparing to a duplex? Are there duplex that have similar lot size? Combined sq. footage similarities? In some cases, I've heard of appraiser only taking the ADU into account for comparable rental income as a factor? I'm curious to what is being done.

@Ivan Franco you should connect with @Rob Gillespie

He's been a wealth of knowledge for me in that market area. Best wishes!

Brian,

This was spot on to what I am looking for? How did you find these properties at the time? Direct Mail?

@Derrick Stark

Congrats on the acquisition! That's awesome! How did you find the property? How did you rehab it? 

@Bruce Hill

@Jeremy Hackenberg

Fellas,

I hope all is well. I was wondering if you have any solid connections with contractors or property managers that have construction teams in place. I am looking to invest in some properties, but we have no boots on the ground in that area. Any suggestions?

@James Wise Thank you so much for getting back to me. I really do appreciate it! I will look at the link you sent me. thank you! In the mean time, 

@Brian Garlington Thank you again for that insight! Please do send me any people that you would feel would be a good fit for our project. In addition, do you have any contractors that you would suggest as well? Or would your propert manager would have a better idea of one?

@Rob Gillespie Thank you so much for the offer to help me directly. I really do appreciate it! 

@Joanna Golden @Tom Ott @James Wise @Michael Swan @David Helmick @Rob Gillespie @Michelle Fenn @David Leggett @Ryan Evans @Stipe Ba

Hello Team,

I hope this message finds you well. I need a little help. My wife and I are new to out of state investing. We are looking to purchase a multifamily 1-4 units with an ALL in budget around 90-100k, which would include the purchase, rehab, insurance, tax, any other associated costs for this investment. Goal would be to refinance and get 140K and do it again. We would like between $150-200/month per unit in cash flow if possible. Now I spoke with a wholesaler about these numbers and it appears that they were not feasible or beyond their scope of interest. If each of you would please weigh in on a potential area(s) of Ohio to look for some properties that meet these criteria? If you have any realistic suggestions or maybe a new perspective on our approach, I am open to listening. Thank you for your time and consideration. I really do appreciate it!!

Kind Regards,

OAP

@Ryan Arth

Hi Ryan, I hope this message finds you well. What projects are you currently working on?

@Dell Schlabach

Hi Dell, I see that you invest in an area that is within our radar. What kind of projects are you currently working on?

DJ,

I hope this message finds you well. I am looking to purchase a property in the Dayton surrounding areas. I'd like to pick your brain about some of the investments you are pursuing?