Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
Followed Discussions Followed Categories Followed People Followed Locations
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Scott Scharl

Scott Scharl has started 72 posts and replied 205 times.

Post: Have Hard Money Rates Bottomed Out?

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58
I’m seeing 9% hard money in my market (Phoenix). How low do you think rates can go? Mortgages are now up over 5%... will hard money rates start increasing too?

Post: Stabilized Assisted Living Home in Mesa, AZ w/ SELLER CARRY

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

Arizona Assisted Living Investors and Business Owners -- are you looking to expand your portfolio? 

As you know, starting up a new assisted living property can be a long and complex process, between construction, licensing, staffing, and the ramp-up period.

Skip the startup headaches and take this opportunity to purchase a licensed, operating Assisted Living home in Mesa, AZ, with seller financing.

Property is STABILIZED with 7 residents, staff, and management already in place and bringing in consistent revenue. Staff and manager would like to stay at the property.

As the new owner, you have the opportunity to increase income significantly by filling the home to full capacity of 10 residents (with 2 shared rooms). Also, a two car garage can be converted into 2 more bedrooms, bringing the total to 10 private rooms for maximum income.

Seller-Carry Price and Terms

  • $695,000 price
  • $69,500 down
  • Carry $625,500 at 8% Rate
  • Monthly Payment of $4,170

Interested? Contact Scott Scharl for more information:

602.362.8978 | [email protected]Facebook Messenger

Post: Off-market: 4 Acres Residential Land for Sale in Gilbert, AZ.

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

$1.1M. Plans exist to split the lot into 4 acre lots and build a gated cul-de-sac.

If you're interested, call me at 602.362.8978 for details or email [email protected]

Thanks!

Post: 35% a MONTH return -- Sketchy Ad from Grant Cardone?

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

@Jason 

@Jason D. I should have!  I just looked at it again -- somebody impersonating Grant Cardone! The page has only 5 likes. 

Post: 35% a MONTH return -- Sketchy Ad from Grant Cardone?

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

Today I saw a Facebook ad from Grant Cardone's Cardone Capital.

They want me to invest in $10k+ in a syndication of a Moroccan resort project. I messaged them and they sent me a Subscription Agreement via Facebook Messenger. When I asked for a prospectus, they said "It's in French". The entire thing seems ridiculous. They did sent the following description, also through Facebook Messenger (direct copy and paste):

"Description of the project :

Located in the heart of a huge garden, the Pullman Marrakech Palmeraie Resort and Spa spreads its 252 luxurious rooms where French elegance combines with the oriental style. Tennis courts, spa, gym, 2 swimming pools, 2 bars, 3 restaurants and a children's village all invite you to relax. Offering WiFi access throughout the resort, our 5-star hotel also offers 10 meeting rooms, including a ballroom to host your private and business events."

Has anybody else seen this today?

Post: Mailbox Money: ​Need Private Investor to Fund Project in Phoenix

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

It's amazing what passes for a "deal" these days. To make decent cashflow, many investors are forced to buy out-of-state rental properties in midwest markets like Milwaukee, Indianapolis, Fort Wayne, Lansing, Detroit, Cleveland, Memphis, Kansas City, St. Louis; or, southern markets like Montgomery, Huntsville, Akron, Birmingham, Atlanta, Tampa.

Blue Sky Homes in Phoenix, AZ offers a different solution: Instead of buying a rental, lend your capital to us via a 12-month private loan and start earning 8% interest each month. Quality passive cashflow in your mailbox on the first of the month with ZERO tenants, toilets, or trauma.

Our Newest Opportunity

Property   4710 E. Calle Tuberia, Phoenix, AZ 85018
New Build Value   $1.7M
Purchase Price   $730,000
Seeking Senior Debt   $270,000
Loan-to-Value (LTV)   37%
Rate   8% (annualized, no points or fees)
Term   12 months, interest-only
Comparable Sales   Available Upon Request

How We Will Add Value

This one will be a luxury new build property in the signature Blue Sky style (plans being finalized now). It's an awesome location just North of the Arizona Canal Trail, walking distance to Arcadia's best restaurants and breweries, and in the very sought after Hopi school district.

About Us

Blue Sky Homes is a full-service real estate investment firm owned and operated by Nick and Adralyn Blue. We provide stylish, move-in-ready homes to buyers, and real-estate investment programs for both passive and active investors. Since 2009, we have completed over 275 projects, borrowed in excess of $75 Million, and have repaid our lenders with a 100% success rate (over $4.5 Million in interest.) Current Private Lender references are available upon your request.

Contact Scott Scharl for More Information

Schedule a call with Scott at calendly.com/scottphx/30mincall. I look forward to getting to know you, learning more about your investment goals, and seeing if we might be a good fit.

Post: Buyer Need: Mobile Home Park in AZ, up to $2.0M

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

Mobile home park sellers -- I am representing a partnership seeking to purchase a park anywhere in the state of Arizona. They have recently considered parks near Theodore Roosevelt Lake east of Phoenix and also down in Tucson, but have been unable to find a good deal.

Contact me if you have one with 10% cash-on-cash return and upside. Thank you! - Scott

602.558.4553 | [email protected]

Post: hard money contracts

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

Hi @Guy Yoes, you might consider talking with my friend @Matt Kiehl, who has contacts in the Tulsa investor market. Thanks, Scott

Post: FORECLOSED 22 Space (2 apartment) Mobile Home Park - Tucson AZ

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

@Elan Spreiser - Hi, I just sent you a text with a question.

Post: Recommended PHX Biz Bank?

Scott ScharlPosted
  • Colorado Springs, CO
  • Posts 229
  • Votes 58

Hey BP -- I'm setting up a new entity. Does anybody use Republic Bank AZ for your business bank accts?

1 2 3 4 5 6 7 8