All Forum Posts by: Cameron Peters

@Douglas Kinn - welcome! Peninsula Real Estate Investment Association (PREIA) is on meetup. They meet in Hampton. Tidewater Real Estate Investment Group (TRIG) is at www.trigofva.com, they meet in Virginia Beach. Check them out - hope to see you there.

@Jimmy Nguyen - what trade are you looking for?

@Joshua Wright - welcome! Check out Tidewater Real Estate Investor Group (TRIG) and Peninsula Real Estate Investor Group (PREIA).

Hope to see you there!

www.trigofva.com

https://www.meetup.com/va-preia/?_cookie-check=WEu...

I heard there was a lead manager on a podcast but am having trouble finding it...

I've made a 3 offers on Short Sale SFs to turn into buy and holds. They have all been nearly turn key - minor paint/flooring updates but nothing more than that. I'm looking for cash flow and cash on cash return so my offers are made with this in mind. For all these I need to purchase them at 70%-80% of listing price. I keep getting a road block from the seller (seller's agent really) that the listing price is the bank approved price and the bank will not consider lower offers - one agent said the bank would possibly consider 5%-10% below listing but the agent was still reluctant. Any suggestions? On one property in particular the seller's agent disclosed that the owners were considering my 70% of listing price offer, but the agent advised them not to accept as the bank would not approve and they would lose time on market. This property has not had any offers in over 6 months. Any suggestions appreciated!

@Tara Bennett - I will be at PREIA tomorrow - I will look for you to say hello.

@Tara Bennett - welcome! I'm just starting out as well - made an offer yesterday and plan to make at least two more this week. Let me know if I can help or if you want to connect over coffee. Check out the local REIs - PREIA tomorrow and TRIG on 20 March - links below.

https://www.meetup.com/va-preia/?_cookie-check=0dJ...

https://www.trigofva.com/default.aspx

@James Wise - thanks, I have not read it and will check it out!

@Account Closed - I will only address what I know. I live in Williamsburg - 40 miles from Norfolk. I pay $90 per quarter for rodent/pest/insect service on my own home, and no money up front. It depends on the size of your appt building, but $500 and $125 would cause me to baulk if your appt building is small.

@William Murden - yes, all the info you need is on the website https://trigofva.com