ISO capital investors for 19% cap rate RV park with restaurant!!!!
Looking for partnership 
Purchase price is 1.7m, recommend an additional million for development 
RV park/campground with tons of value add opportunity 
I can email all financials
Either all cash or utilize your PML with a down payment
In Missouri

First proposed structure: You get 30% off the top of NOI, we split the rest until your initial investment is returned.
50/50 after you make your money back.
I will run all management and oversee development of the additional 40 acres (which can be done in phases).
We would make all the money back in approximately 5 years and have a cash flowing cow!!! 8172694373
[{"id": "ir983lb", "text": "Who does the contracts and how is this structured? Single member managed?", "replies": [{"id": "iramcyh", "text": "I would manage everything, but still have input from the other partner. I proposed a structure in my post, open to counteroffers", "replies": [], "depth": 2}], "depth": 1}, {"id": "ir9l39q", "text": "Sounds like crap if you are only asking $5.26 per NOI dollar.  Cheap doesn't mean profitable.  Hell, the market cap rate is probably even higher.  Sounds like a hole you are in and want other people to throw their money in.", "replies": [{"id": "ir9m1wd", "text": "It will net 320 this year. It is EXTREMELY profitable.", "replies": [{"id": "ir9mazs", "text": "Why then sell so cheap?", "replies": [{"id": "ir9mdiu", "text": "I'm not selling it I'm looking for capital partners. I have the deal under contract", "replies": [{"id": "ir9pppw", "text": "But you are valuing it at a 19% cap rate.  No one wants to invest in that.", "replies": [{"id": "ira3vsv", "text": "When the percentage is lower that means it makes less money. Higher cap rate = more money. I don't think I follow you.", "replies": [], "depth": 6}, {"id": "ira9f23", "text": "Yeah NINETEEN....Not 1.9%", "replies": [], "depth": 6}, {"id": "irc7elp", "text": "Include the extra million for development to make it a 13 cap", "replies": [{"id": "irc7n4z", "text": "Yeah, that is not how cap rates work.", "replies": [{"id": "irc8pkx", "text": "Ok get your cap rate calculator out. Put 2.7m for the cost, NOI of 320k. This property is making an exorbitant amount of money with no risk. 100 percent occupancy, full service restaurant, convenience store, laundry and restrooms, and a lot more.\nSo the way you are saying, let's offer to pay 2 extra million dollars for the same property so that way the cap rate would be around 9.5%. it still has the same NOI, but you are spending more money for the same property. That would be stupid.", "replies": [{"id": "ircaxol", "text": "Why in the F... am I calculating a cap rate in YOUR figgers? Show me 3 verifiable cap rate comps anywhere near your imaginary 19%!", "replies": [{"id": "irccb30", "text": "Cap rate is the price in relation to the NOI. I have the current P&amp;L for this year. I took an average for the months and used that average to calculate for the full year. The estimated NOI for the year is 324k. So who wouldn't want to drop 1.7 for that much of a return especially when everything is in place and operational", "replies": [{"id": "ircczi4", "text": "Obviously pretty much no one if the best you can get for a dollar of NOI is $5.26.", "replies": [], "depth": 11}, {"id": "ircda6e", "text": "Comps?", "replies": [], "depth": 11}], "depth": 10}, {"id": "ircd532", "text": "Oh I see you have a history of debating about cap rates.", "replies": [{"id": "ircdyk0", "text": "Exactly!  People need to be educated.  Participate and you will learn.", "replies": [], "depth": 11}, {"id": "ircyg3m", "text": "I see you have a history of ignorance.", "replies": [], "depth": 11}], "depth": 10}], "depth": 9}], "depth": 8}], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}, {"id": "ir9mlin", "text": "It's the best deal I've seen all year. I just need a partner with money", "replies": [{"id": "irdrm94", "text": "Of course you do since the property isn't making any!", "replies": [{"id": "irfd73y", "text": "Are you retarded??\nThe net income will be 320k this year\nThe property only costs 1.7m.", "replies": [{"id": "irfe0di", "text": "Since you are making eleventy billion dollars a year why are you here begging for money?  Also, calling someone retarded shows your unprofessionalism.  Who would want to work with someone like you?", "replies": [{"id": "irffgbp", "text": "I don't own the property yet. I have it under contract. I am looking for capital partners. I am looking for anyone but you lol", "replies": [{"id": "irh16m9", "text": "So it is for sale at $5.26 per dollar of NOI.  You are being scammed and trying to drag someone down with you.  LOL", "replies": [], "depth": 9}], "depth": 8}], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}, {"id": "ir9m8o5", "text": "Low end 300", "replies": [], "depth": 2}], "depth": 1}, {"id": "ir9pk76", "text": "Jesus Christ this is a pathetic post", "replies": [{"id": "ira9izl", "text": "Why", "replies": [], "depth": 2}], "depth": 1}, {"id": "ira34wp", "text": "[Ol\u2019 Gill really needs this one](http://4.bp.blogspot.com/-gVXswRA4RMI/VRr3gGZ0pvI/AAAAAAAADnI/MN0Kxgwg5ms/s1600/cs06.png)", "replies": [], "depth": 1}, {"id": "iraa3we", "text": "Cap rates are indicators of risk higher the cap rate the riskier thats what people are getting at", "replies": [{"id": "iralyii", "text": "That doesn't make any sense at all. \nThis property is 1.7m the NOI is 320k per year.\n\nA 10% cap rate property would have an NOI OF 170K per year\n\nA 5% cap rate property would have an NOI of 85k a year\n\nWhich one carries the most risk? The one that makes the least amount.", "replies": [{"id": "iram8nm", "text": "Lol.  You have these flipped man.  Higher cap is higher risk.", "replies": [{"id": "irc65qs", "text": "Ok so let's offer to pay 2 million more for the same property so the cap rate will hover around 10%...what a deal!  *Sarcasm*\nIt is only this cheap because he just developed the property and is going through a divorce.", "replies": [{"id": "ircs1o2", "text": "The property has an NOI.  The cap rate does not change that!  Geez, no one is goi g to invest with someone that ha no clue of basic  RE metrics.", "replies": [{"id": "irffsr2", "text": "Yeah if you change the price of the property, or the NOI, it changes the cap rate. Because cap rate is based on those 2 factors.", "replies": [{"id": "irh20xl", "text": "NOPE!", "replies": [{"id": "itpwwvl", "text": "https://youtu.be/3mGyorGD69w", "replies": [{"id": "iv24hkt", "text": "That person does not know what he is talking about.", "replies": [], "depth": 9}], "depth": 8}], "depth": 7}], "depth": 6}, {"id": "irfhcaa", "text": "The capitalization rate is used to measure the profitability of commercial rental properties. A high cap rate indicates a relatively high income, relative to the size of the initial investment. However, there are also other factors to consider, such as risk and local market dynamics. Investors should be careful to consider a wide range of metrics in addition to the capitalization rate.", "replies": [{"id": "irfixv8", "text": "Sorry but you have been taught incorrectly.  Cap rates measure VALUE not profitability!  The formula is V=i/r.   In a 10 cap market investors will only pay $10 for a possible dollar of NOI.  $10=$1/10%  In a 5 cap market they will pay $20=$1/5%   Why would an investor pay TWICE as much for HALF the \"return \"?  They wouldn't because the cap rate is not a return but a measure of the VALUE.  That is why no one wants your 19% crap rate that is only worth $5.26=$1/19%!", "replies": [], "depth": 7}], "depth": 6}], "depth": 5}], "depth": 4}, {"id": "itpwzze", "text": "https://youtu.be/3mGyorGD69w\n\nHigher cap rate means lower price higher return", "replies": [{"id": "itpynta", "text": "And guess what type of investments give higher returns than others?  Higher risk ones...", "replies": [], "depth": 5}], "depth": 4}], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "iraqxz1", "text": "Are you based out of DFW? If so, let me know if you find anything in DFW. I have 4 million I need to 1031 into something. Looking for multi-family, self storage, vacant big box/retail/industrial that can be converted into self storage and anything that can be purchased for less than the cost of replacement expect for RV, office or hospitality. Value add and opportunistic only. Not interested in turnkey. DM me.", "replies": [{"id": "itpvz4e", "text": "Sent you a message please txt or call when you can", "replies": [], "depth": 2}], "depth": 1}, {"id": "iraznux", "text": "Why did your phone number change?", "replies": [{"id": "irb1et4", "text": "I have more than one phone number", "replies": [], "depth": 2}], "depth": 1}]