Skip to content
×
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
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime.
Level up your investing with Pro
Explore exclusive tools and resources to start, grow, or optimize your portfolio.
10+ investment analysis calculators
$1,000+/yr savings on landlord software
Lawyer-reviewed lease forms (annual only)
Unlimited access to the Forums

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
Followed Discussions Followed Categories Followed People Followed Locations
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 almost 5 years ago on . Most recent reply

User Stats

19
Posts
10
Votes
Steven Quinones
10
Votes |
19
Posts

Before I speak with the owner

Steven Quinones
Posted

So there's a property in my neighborhood that is for sale but hasn't been listed yet. here's what I want to do..

1- Run the numbers using B.P calculator. 

*I don't know the condition of the house, so I'll have to factor in some rehab cost.

2- Check nearby homes for ARV and relevant info.

3- Get it under contract. I'm nervous about this part.

I'm not a salesman nor do I have any experience in negotiating for a property. Is there certain questions I should be asking? Should I be familiar with different finance strategies? There's a lot going through my head lol

Most Popular Reply

User Stats

1,947
Posts
2,826
Votes
Marc Winter
  • Real Estate Broker
  • Northeast PA
2,826
Votes |
1,947
Posts
Marc Winter
  • Real Estate Broker
  • Northeast PA
Replied

2-step approach:  

1--go to the house

2--ask the owner if they are selling

Can't be shy in this business.  

Loading replies...