All Forum Posts by: Nicholas Smith

@Jonathan Hernandez My pleasure sir!  I sent you a message.  Let's connect soon.  

@Nick Cruse - Welcome to BP!  I'm in NWI so let's connect when you have a chance.  I'll shoot you a message.  Take care!

@Reshmi De Armas Welcome to BP!  I'm sure gain a lot of knowledge here.  I'm also local to the areas you mentioned.  So let's connect when you have a chance.

@Jonathan Hernandez I really think it could go both ways depending on the numbers.  I would also confirm both the value of your property once the kitchen is renovated and the rental amount.  Zillow is not always accurate and I wouldn't depend solely on what the mortgage company says your house is worth.  I'm here in NWI and would be more than willing to chat with you.  Take care!

@Greg Dickerson Thanks so much for your input!  And I agree, the proforma is just one aspect of development.  There are many moving pieces, but that's actually one of things that draws me to it.  Again, thanks!!

Hello BP!!  I'm looking at undertaking a townhome development in one of my neighboring cities.  Does anyone have a single family housing development proforma template that they'd be willing to share?  Thanks!!!

@Daniel Luna Kudos to you for thinking about this at such a young age!  I work with a lot of investors in the Chicagoland and Northwest Indiana markets.  Would be more than happy to chat with you one day soon!

Hi @Rashad Jackson.  I'm sending you a PM.  Thanks, Nick

@Benoit Cadot Along with all the great areas mentioned above already, you may want to consider Northwest Indiana.  Good cash flow, stable rental base and cheaper taxes.  And from cities like Hammond and East Chicago, you can get to downtown in 30 minutes.  Feel free to reach out if I can ever be of any assistance.  

@Tim Sipowicz  Hello sir!  I'm a local realtor and investor in Northwest Indiana.  Let's connect sometime in the near future.