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All Forum Posts by: Account Closed

Account Closed has started 29 posts and replied 218 times.

Post: BRRRR Strategy in New Jersey

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178

Hi @Vishal Patel,

Thanks! I'm double checking my ARV and then I'll put in my offer. Anybody else have any thougths on the potential deal?

William Lees Jr

Post: HARD MONEY LENDER

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178
Hi Albert Wilson Great! It's definitely going to be very informative! Let me know if their is anything else you might want to know about the event. Talk soon William Lees jr

Post: NJ Agent looking to Flip her first deal. Need advice! :)

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178
Hi Terina McKinney I am also an agent that works primarily with investors. I would love to set up a time to talk about what I'm doing to get into flipping! PM me and we can set up a time to talk. William Lees Jr

Post: HARD MONEY LENDER

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178
Hi Aaron Anderson I recommend speaking with Anthony Susco, he is a hard money lender from south jersey. Also I am hosting an event September 26th about money lending. It will be a panel of four professionals in the lending field, hard money, private money, conventional lending, and an investor that has used them before. It will be from 6:30pm-8:30pm at 35 Cooper Folly rd Atco NJ. Definitely feel free to come out. It's a free event! Let me know any other questions you may have, William Lees Jr

Post: Hello ALL...new to this

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178

Hi @Fred Gonzalo,

I agree with @Michael McDevitt. The advantages are worth it to get the Full market Value. It also helps you leverage out and build a team that will help you move faster and faster with your investments making you more money. It's best to specialize in any business so you can maximize your efforts and move effectively.

Talk Soon,

William Lees Jr

Post: BRRRR Strategy in New Jersey

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178

Hi @Nirmal Khanderia and @Anthony Perez,

The current one that is the best prospect is a 7-unit. 

ARV-400,000

Rehab-180,000

Purchase Price- 100,000

Rent potential- 7050

Expenses- 4258

Refinance for 280,000

Thoughts? Other number you might want?

Talk soon,

William Lees Jr

Post: BRRRR Strategy in New Jersey

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178

Hi Everyone, 

I have two properties I am looking at to use the BRRRR strategy for. One is a 7 unit and the other is a duplex. I wanted to reach out and see if anyone has advice, experience, or thoughts on using this strategy in South Jersey/Central Jersey/North Jersey? Anyone who has done it successfully in this area that could weigh in? I am looking for pointers and tips on how to make this go successfully for me.

I look forward to hearing your thoughts,

William Lees Jr

Post: South Jersey Markets

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178

Hi @Account Closed

I do have a recommendation for you. I will PM you the Info.

Talk soon,

William Lees Jr

Post: Contractors - South Jersey Area

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178
Hi Senthil Prabhu I have a few options for you. I will PM them to you. Talk soon, William Lees Jr

Post: New Jersey Mastemind Panel

Account ClosedPosted
  • Contractor
  • 08234
  • Posts 253
  • Votes 178

Hi Everyone,

I will be starting a mastermind panel group in New Jersey next month and I wanted to reach out and see what are you looking to learn more about? A mastermind panel is a group of four people that are in a particular field and a moderator will ask questions of them while everyone gets to listen in. Then at the end it is opened up to everyone to ask particular questions. I want to bring as much information as I can to New Jersey. We would meet in different areas, South Jersey, Central Jersey, North Jersey, the Jersey Shore. So we will be in your area at some point this year. So please let me know what you would like to know? What industry would you like to hear from professionals? Who do you still need on your team? What do you need to know for you business plan?

I look forward to hearing from everyone,

William Lees Jr