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Updated about 8 years ago on . Most recent reply

User Stats

243
Posts
108
Votes
Moshe H.
  • Rental Property Investor
  • Ramapo, NY
108
Votes |
243
Posts

When working w/agent with local knowledge really pays off!

Moshe H.
  • Rental Property Investor
  • Ramapo, NY
Posted

This morning I found a potential deal on the MLS... I knew it needed extensive rehab but it was in a great area and looked like a good BRRR opportunity. I spent a while researching it on the county website, etc (wasted time...) before I emailed my agent, very excited about it.

Her response:

Oh well, on to the next! At least I didn't have to waste even more time making an offer and going to look at the property all before coming to a similar conclusion myself.

(For those questioning the $350k figure, we are in the metro NY area... you basically have to take prices from the rest of the country and double them.)

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