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Caveman REI Community
Public • 49 • Free
8 contributions to Caveman REI Community
Mar 2 in
Off Market Canvassing
Would anyone want to join me on my personal zoom room once or twice a week in the afternoon EST for an hour to source some leads? I’ve gotta ramp up some more off market and can’t really make Chris’ times. I’m happy to host and use it to keep myself, and any others who would like to hold themselves, more accountable.
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New comment Mar 5
2 likes • Mar 5
I will be totally down, but I can do evenings after 8PM CST. Let me know if this works.
2 likes • Mar 5
@Jeff Orenzow I know man, the struggle is mutual, but if anything changes just let me know! Thanks
Feb 16 in
Hello
Hi All. I'm relatively new to this site and just wanted to say hello to fellow REIs.
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New comment Feb 27
1 like • Feb 19
Welcome to the group!
0 likes • Feb 27
@Galen Gonzalez spam
Feb 20 in
Vetting your team
When vetting a lawyer who has a gatekeeper, such as a paralegal, should you trust the paralegal’s word that she can answer all your questions? I'm not sure if someone has experienced this before, should I just skip this attorney office?
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New comment Feb 20
1 like • Feb 20
@Galen Gonzalez it makes sense, thanks
Feb 15 in
Feb 15th 2024 on market deal
We will be discussing the following building at tonight's session. I found a fresh one for us to review. Here are the details below. 118-unit apartment building in Oakland CA. The asking Price is $19,704,000 The current CAP rate is 8% Expenses and Rent Roll start on Page 11 of the Prospectus linked below T12 below While there will be additional costs to move forward we will only be using the information that is provided to get us rough numbers on the acquisition. https://hotdealoakland.com/
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New comment Feb 19
1 like • Feb 19
@Galen Gonzalez I noticed that you used 48.5% as the EXP Ratio, because it was given in the parenthesis (page11). After going back and forth with the number I realized that the breakdown of the expenses doesn't add up to 48.5% EXP Ratio, I actually get something lower. In this case, when numbers to match what is the best thing to do? Ask the seller for more details?
1 like • Feb 19
@Galen Gonzalez It makes sense, and that’s why my math was not adding up. Thank you for your feedback.
Feb 1 in
Kevin Terront- Active Duty Member/ Investor
Hi everyone! I'm currently station in San Antonio TX and I'm here to keep learning about Real Estate and why not help people in the way. Eventually I want to achieve financial freedom to fully enjoy my family without worrying about tomorrow’s needs. If you want to connect, just reach out!
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New comment Feb 19
2 likes • Feb 19
@Jean Valneus Not at all man. I have always had a strong interest in learning about the real estate industry. Now that I’m less than 4 years away from retirement, this is something that I want to do. I few days ago I read something that caught my eye “Entrepreneurs do what others won’t so they can live a life that others can’t”. Although this will require significant effort, I am willing to take this risk because I am confident it will be worth it in the long run. I hope this helps!
2 likes • Feb 19
@Jean Valneus If you truly commit yourself, this group can help you get there. There’s a lot of wisdom in this group!
1-8 of 8
Active 214d ago
Joined Feb 1, 2024
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