All Forum Posts by: Aaron OCallahan

@Joseph Cacciapaglia thank you!

Joseph - Your post resonates with me. This is a rookie question, but what is the best way to you make an offer? I've been getting in my own way even on this minor detail. Would love some help! Do you simply tell the offer price to your RE agent? Or do you draft an offer letter with all the specific details and contingencies for the property and send that to your RE agent? Are there certain state requirements we need to be aware of too? Did you use an offer letter template that you would customize for all of your offers?

Thank you!!

@Frank Gucciardo @John Bucci I'm going to try and network more with you guys! I'll DM you about that when it makes sense. 

@John Bucci pretty good food for thought you just laid out for me. Not gonna lie my "criteria" is somewhat easily influenced right now. A good takeaway for me is to better define my criteria so that I can let it guide me.

Thanks @Kris Mead. It's just awesome to be able to hear from you and Frank who have more experience there than me. It just helps me pivot back to other markets I'm analyzing and save time overall.

Kris - When you invest out of state, are you considering turn key properties, or even partnering with other investors? Or are you going into the market with a team that you've assembled and quarterbacking everything. Would love to hear.

Thanks @Frank Gucciardo for your input. Really helpful to be able to add your analysis into my own and determine my own answer. Right now I agree that the upside does not outweigh the risk. I'm going to stay at the drawing board for now. I will reach out if I am ever in your neighborhood!

@Frank Gucciardo @Kris Mead @John Bucci Stumbled across your comments after spending some time analyzing Poughkeepsie and was curious if anyone on BP had experience to share. What do you guys think about this market for investing in cash flowing residential rental properties? There are so many markets out there with intense competition and overvalued properties, so I was happy to see finally here that it looks like properties aren't AS over valued as other markets in the northeast that I know. With that being said, I am ready to invest here, but I am finally feeling like I could have an edge over the competition if I can really learn this market. What do you guys think about putting your money to work in Poughkeepise?

Thanks @Sean Sloop Would you be willing to share a version of the offer letter that you used that was accepted right away on your second deal?

@JT Byrne Congrats!! How did you find this lead? Was it listed on the MLS? Off-market?