All Forum Posts by: Stephen Sokolow
Stephen Sokolow has started 56 posts and replied 146 times.
Post: Multi Family South Bend
- Investor
- South Bend, IN
- Posts 153
- Votes 37
Looking to open a discussion on South Bend Multi Family deals. Any thoughts on current inventory? Anyone have experience as a current landlord? Creative financing for such deals?
Post: South Bend, IN Looking to network
- Investor
- South Bend, IN
- Posts 153
- Votes 37
@Chinmay J. I definitely agree that South Bend is a hidden gem. However, in terms of multi family deals there is not a ton of inventory. I think there are only 9 multi family properties on the market currently in South Bend. I think that for MF you need to consider the entire Michiana area such as Niles, Mishawaka, South Bend. Also, I would recommend searching in areas like Ft. Wayne for MF. @Aaron Linden what are your thoughts?
Post: Michiana Real Estate Investors Get Together
- Investor
- South Bend, IN
- Posts 153
- Votes 37
Networking for new and experienced investors. Brings your deals and questions. Looking for deals? Come!. Looking for partners? Come! Looking for good beer? Come!
Post: First SFR purchase in South Bend - assistance
- Investor
- South Bend, IN
- Posts 153
- Votes 37
@Vishal Didwania Congratulations on your first purchase and welcome to the world of South Bend. I agree with the comment above about hiring sub contractors or handymen. That is especially true in this market. I have seen first hand out of state investors lose a lot of money by not using appropriate labor. If you need any referrals please contact me privately and I would be happy to help. Congrats again. What a great way to start the year!
Post: South Bend 90 Day Flip Challenge
- Investor
- South Bend, IN
- Posts 153
- Votes 37
not sure why the data came out that way. but the important part is there. Those are the zipcodes with the most sales in the past 90 days.
Post: South Bend 90 Day Flip Challenge
- Investor
- South Bend, IN
- Posts 153
- Votes 37
Ok South Bend investors. I know that seasoned investors in this market do not like talking about flipping but I would like to try an adaptation on Brand Turners 90 day challenge. I would like to flip a home in South Bend in the next 90 days. Based on some quick research on the MLS and ListSource these are the most popular zipcodes in South Bend over the past 90 days.
| 46613 | 57 | --12345678910 | |||
| 46614 | 223 | --12345678910 | |||
| 46619 | 97 | --12345678910 | |||
| 46628 | 186 |
So, I would love to start a discussion that focuses on 1. The best target area 2. Market timing. Do you think now is a good time to flip a home in South Bend. 3. Experience - tell me about any recent experiences you had flipping homes in South Bend. What type of financing did you use? Did you find the deal on market or off? What type of finishes work well in this market? I know we have a lot of experience in this forum so lets talk.
Post: Refinancing primary residence that is also used for elderly care
- Investor
- South Bend, IN
- Posts 153
- Votes 37
@Jonathan C. Is the home licensed in some way such as an assisted living facility? If so you would be able to go the route of getting special financing.
Post: Newbie from Orange, California looking out of state!
- Investor
- South Bend, IN
- Posts 153
- Votes 37
@Brandon BensonWelcome to BP! I am in South Bend, IN. If you ever need anything in this market or in general please reach out.
Post: I've accepted the 90 Day Challenge!
- Investor
- South Bend, IN
- Posts 153
- Votes 37
@Krystal Nydegger Welcome to BP! Good luck with the 90 day challenge. You should also read 12 hour work week.
Post: New Investor from Beaverton (Portland), Oregon
- Investor
- South Bend, IN
- Posts 153
- Votes 37
@Randall HicksWelcome to BP! I am in the South Bend market so if I can ever help with anything please reach out.