WILLIAM ALLEN
  • Male
  • Grand Blanc, MI
  • United States
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WILLIAM ALLEN's Friends

  • Donna Thomas
  • Jas
  • Muhammad Shofiyudin
  • T. Wayne Binford Sr.
  • Roger Abuata
  • Tamara Norwood
  • Simon Williams
  • Robert Hunter
  • Christine Gilmet
  • L.E.I.C. Group, llc
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WILLIAM ALLEN's Discussions

Commercial Apartment Goldmines Are All Around Us!

Started this discussion. Last reply by Kenneth wood Aug 30, 2013. 1 Reply

It continues to amaze me, how so many investors do not realize the outstanding potential of investing in apartment complexes. Consider this: When you purchase a  residential property, (single family…Continue

Tags: DISCOUNTS, INVESTING, FORECLOSURE, APARTMENTS, SHORTSALE

We buy short sales anywhere in the U.S.-Do you know someone ready to sell?

Started this discussion. Last reply by Mark Luke Sep 20, 2013. 3 Replies

We specialize in purchasing homes that are currently in danger of being lost to a foreclosure. If you or someone you know is about to lose their home, and they desire to save it, or walk away from…Continue

Tags: for, sale, by, owner, discounted

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Profile Information

Company name and description
AYL-Success REI Group- Is a Major real estate purchasing & wholesaling holding company.We provide the everyday investor with access to the inside discounts & deals, that create a profit right in the purchase process.

I and my investors are looking for the following
niche multifamily properties:

1) $250k Net Operating Income Or Higher
2) 10% CAP rate or higher for partnerships
3) 8% or higher for property scout deals 
4) Only in the USA - Property must be in the USA
5) 30 units or more
6) No major rehab needed on property
7) 87% occupancy or higher over last 6 months
8) No high crime areas
9) Property must not have crime/drug problems tied to it
10) C class property or higher
11) No bank REOs, shortsales or foreclosures
12) Seller must have bank statements and or 2 years tax returns
on the property to verify the revenues and expenses reported
13) A recent appraisal on the property is ideal
14) No listed property - Looking for off market property
15) All "problems" need to be disclosed by the seller up front
that are tied to the property - if there's a big problem with
it we need to know up front - we will walk if we find "surprises"

The criteria is very specific to save everyone's time,
we don't want to take the time of the seller or your time
if the property is not going to fit our niche. 

WILLIAM ALLEN's Blog

WOW!! FUNDING FOR ALMOST ANYTHING IS HERE AGAIN RIGHT?

Posted on October 16, 2013 at 10:18pm 1 Comment

It has been a long road to recovery, when you have taken hits from so many sides. issues that caused many that I knew, or worked with lose almost everything! Entire empires were literally destroyed in less than two years. While most had worked tirelessly for years, to build the amazing portfolios. Only, to suddenly lose their way of life in 2007, like it had been set on fire!

With all that taking place around us. Suddenly, bank relationships begin to fall…

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At 2:46am on February 22, 2014, Jas said…

Hi William,

I need a Equity Capital for Investment purpose, an assuarance that gives good ROI for 2 years bond, portfolio in OTC Market. A equity capital sum of USD 200,000 needed, may I know the terms ? You may email me to jr45838@gmail.com

At 5:25am on October 21, 2013, Robert Hunter said…

Mr. Allen,

 

Do you have any information on the programs that you offer?  I am new to the investing side, have worked in the rehab/maintenance along with inspecting for HUD.  Now I am looking into venturing into the investing side and looking for some finanancing.  Would like to see if your company could help.  You can respond to coachhunter100@gmail.com.

 

Thanks for your time in advance.

At 5:25am on September 19, 2013, Monique Rene Coates said…

Hi William,

Thank you for your friendship invitation!

Q. Would your group be interested in partnering on a property such as the one in the link below par chance?  Long story short, I am looking for an equity partner for a large MF investment of 100+ units where the partner would cover all purchasing costs & fees,and would receive 90% of the NOI.  I would receive 10% of the NOI for staying on site (unit incl) and managing the property management, and managing all updates / repairs as needed for 5 years or until property is sold.  Below is a link to an example of a property I send to you to consider for investment: 

Property Example: 100 Unit MF

Let me know your thoughts.

God Bless!

Kindest regards,

Monique Rene' Coates

 
 
 

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