All Forum Posts by: Bini Teklehaimanot

I am trying to decide between the various submarkets in my area to buy and hold small multi-family rental properties. How do I tell which submarket is best for this? What sources should I use to find the appropriate statistics?

Did you ever find the answer to this?

0 Votes

Quote from @Brian Wilson:

@Anthony Greco

A few links I found after a quick google search:

BLS Reports:
https://www.bls.gov/eag/eag.pa_pittsburgh_msa.htm

https://www.bls.gov/regions/mid-atlantic/summary/blssummary_...

Do you know what you're looking for? Most times open source data analysis is conducted by aggregating info from a variety of sources.

I like the BLS reports for labor data. I am also looking for data on submarkets for commercial real estate trends. I am looking at a property I might want to convert into a smaller office, but I want to analyze the market can support it.

0 Votes

Pittsburgh, Pennsylvania

Quote from @James Wise:

Quote from @Bini Teklehaimanot:

I am looking for sub2 deals in Western Washington. Do you have any idea how to find wholesalers or agents who specialize in this type of deal?

Sub2 deals are for criminals.

Please explain

1 Vote

Seattle, Washington

I am looking for sub2 deals in Western Washington. Do you have any idea how to find wholesalers or agents who specialize in this type of deal?

1 Vote

Seattle, Washington

Quote from @Christian Ehlers:

I'd agree with househacking as the best way to start in most cases, and beyond that friends and family can help you raise some of the money necessary for the 3.5% down. However if you aren't able to save up the 3.5% I would be hesitant to recommend you buy a property anyways, as you'll need to have a good financial foundation to whether any unforseen costs that come up while owning a property (capex/maintenance). Hope this helps!

I have cash from other investments. I just want to leverage OPM as much as possible. As you all stated, I need to do my first purchase, hack or otherwise, then seek the OPM for the following purchase.

2 Votes

I have not owned a property for about 5 years now. I tried to find OPM but a few keep telling me I don't have enough experience. Is there a way for a person considered a newbie to find OPM without having a big down payment?

2 Votes

Quote from @Bob Stevens:

Quote from @Katlynn Teague:

Good morning BP,

How are you currently finding your deals?

Are you using an agent, wholesaler, Zillow or Propstream?

Have you found one outlet to be more successful than the other?

NEVER listed, NEVER a realtor, 80% wholesalers, ( let them do the hard work LOL ) other 20% from various sources. I get 20 a week sent to me. Locked up 25 in the last week or so, I already have them in contract with buyers. I can get as many as I want in my market,

All the best

How do you find the wholesalers? I am new to this so any guidance is appreciated.

0 Votes

All Forum Posts by: Bini Teklehaimanot

Bini Teklehaimanot has started 2 posts and replied 7 times.

Post: choosing a submarket

Post: Where to find Market data and analysis

Post: Finding Sub2 deals

Post: Finding Sub2 deals

Post: Looking for OPM

Post: Looking for OPM

Post: How are you currently finding your deals?