Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 4 years ago,

User Stats

9
Posts
4
Votes
Lori McClure
  • Needles, CA
4
Votes |
9
Posts

Who's on first? I wish it was me....

Lori McClure
  • Needles, CA
Posted

Me - Always loved Real Estate/Architecture. I came into a small inheritance and purchased the home I now live in outright for under $20k out the door. No major repairs needed. I got very lucky.

I was able to retire in my early 50's because of this. I have the time to research finding properties that are sold at great discounts so they don't last long. I am not a wholesaler just a researcher. I want in the game to do deals.

Over the last 3 months I have run across some crazy deals. Most do need major repair and all in all are great deals for the person with the cash.

12 unit for $99k – Guesstimate of about $200k in repairs

28 room convalescent hospital for $78k – Updates cost would

depend on what it is used for. Plumbing, electrical and roof in good condition. Features outdated.

2 level commercial unit $25k.

previously 2 businesses on first level with 2 unit

apartments on second level. Major repairs $125k

3 unit $3k Major repairs $130k

There have been more....

I do have a little cash, great credit, and no income worth mentioning which is why I haven't done anything with the above mentioned properties.

My question is how can I make money bringing these deals to investors and not get lost in the process and walk away with nothing.

Loading replies...