All Forum Posts by: Account Closed

Here is the link to this listing on Zillow.  Needs about 20K in rehab. Property across the street just sold for 665K. This property's ARV is around 650K. Let me know if anyone is interested. It is going to auction in a few days.

I am looking to partner in Nashville that has extensive knowledge in apartment complexes with 20+ units and high cap rates for the area. Properties near Vanderbilt a plus!

I am looking to invest with a group of experienced apartment complex investors in Nashville, TN. My ultimate goal is to own 100 units within 2 years. If you or your group have experience in Nashville with Apartment Complexes, I would love to connect.

I am looking to partner with investors that invest in apartment complexes near the University of Houston. What are the "hot" areas in today's market?

Hey guys, I am wanting to find more information and partner up with some investors that have apartment complex experience. I am looking in TN, TX, NV and CA. I would also consider AR if it is near the University. Any ideas or referrals for people I should connect with?

@Aaron Mazzrillo I was kinda getting that feeling that he just was curious what he could get. I'm moving on to find some truly motivated sellers that HAVE to sell. Thanks for the input!

I was consulting with my agent and he said in cases like this it is considered a duplex even though the two buildings are separate. The owner owns the property free and clear. 

great advice. Thanks! 

Here is the update. They always say that you need to get a seller that either HAS to or NEEDS to sell. This is not necessarily the case with this property. The owner has several investment properties and just wanted info on what I thought he could get. While I was disappointed, I am eager to learn from disappointments. I am putting together a nice PDF report on comps in his area in the hopes that he will want to work together when he IS MOTIVATED. I always want to provide value and this gentleman was very appreciative. This is a relationship business and I look forward to assisting him in any way I can. I look at the experience as just that, experience. It will enable me to help the next person that is in dire need of my services. I love real estate and helping people solve financial challenges!

@Aaron Mazzrillo I just did a drive by and the houses are one behind the other. The back house has the detached garage. I also noticed there is a boarded up foreclosure directly behind the property. Comps in the area were 268-356K but there is a wide range of housing types. Some were nice and well kept but the vast majority were run down and overgrown. He just threw out 450K for the price but admitted he had no idea. We will see how it goes.