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 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
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

All Forum Posts by: Dennis Rogov

Dennis Rogov has started 15 posts and replied 30 times.

Post: what part of NJ is worthy investing and why?

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14
Quote from @Zach Edelman:

I just came across some good deals in Mount Laurel, NJ and Tabernacle, NJ


 That is actually my area is this off market ?

Post: How to identify if there is more buyers than sellers

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14

I am listening to on market show and heard James  mentioned if there is buyers in the area but your property is not selling at price you listed.. My question how do I find out if there is more active buyers then homes available… I am licensed real estate agent but don’t see a way to get that data from Mls..

Post: Abritage & Medium term rental opportunities

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14
thank you for reply when you mentioned demand drivers what did you mean by that ?

Quote from @Brett Deas:

I don't think HOA and associations should be a limit, I have 3 in condo-associations. And for MTR's condos can be a great thing because typically these travelling professionals don't need a whole lot of space.

I would a lot look at how many demand drivers are nearby because some hospitals don't need travelling nurses, Some colleges don't have a huge demand. So it is important that there are a few hospitals and a few colleges nearby because there is safety in numbers.  


Post: Abritage & Medium term rental opportunities

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14

Hello,

I have recently heard that evaluating medium term opportunities is not as simple as looking into something like airdna.,

Especially if you don’t plan to use these site to bring in clients..

I really like the interview that Jesse did with David Greene relating to medium rental models..

My question or conversation that I like to see from this post.. When evaluating locations outside of hospital, college, military area close by what else should I be considering and see if this would fit the medium term model my goal is not to depend on booking sites to generate guests.

My list that I started;

No hoa or condo association 

Class c+ neighborhood or better

Population of at least 30,000

Hello, 

I am not sure why nobody started discussion about this; 

Podcast 65 On The Market.. Cause to me that can be a real sea change.

What are is everyone thoughts regarding commercial space; 

I listened to podcast 2 times and it sounded like there is a potential that banks will no longer loan on commercial assets and will call in their existing mortgages.

He kept referencing 1992 I did some research about that era I was definitely not in real estate back then and it seems there was a major collapse  of commercial assets and literally after that nobody touched commercial for a while. 

Post: New market need to find clients to work with

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14

Hello,

I have been in the real estate space for over a decade first as a residential real estate agent. I then transitioned to real estate investor where I did wholesaling and other off market strategies. In the past 3 years I transitioned to commercial and multifamily investing I got experience to be part of GP team and served as a capital raiser and deal finder..

I am now moving to a completely new market I don’t know anyone or have any solid connections.

What would you do if you needed to drum up investor clients who are looking to purchase an investment property via cash or traditional financing?

Post: Becoming Top Real Estate Investor Friendly Agent in Local Market

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14

Hello, 

David Greene talks about this constantly on his podcast that there is not enough real estate investor friendly agents from coast to coast ;

I have made a decision that i will specialize in working with investors only in my market; 

I have joined local REI and have been very vocal to my sphere of influence

My question for other agents on this forum how did you become the go to person in your market (Investor friendly real estate agent)

In addition is there books or courses that i should look into that will help me become more recognized in my local market ?

Post: Private Money Lender Calculations Confusion (Help)

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14

Hello, 

I have found that structuring deals with other people money could be really confusing. 

Who here is really good at structuring opportunities using PML such as your friends/family /business partners  to obtain real estate ? 

Post: What documents Im missing to account for EXPENSES ON THIS APARTME

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14
I would be interested in the due diligence list..
thank you 


Quote from @Jared Prevost:

Hey Darrell, congrats! That's awesome, a 24-unit could be a game changer for passive income.

I can send you a due diligence checklist our team put together for multifamily and that might be really helpful for you (if anyone else is interested, I am happy to share with anyone who would like to see it).

Here are good documents to gather / steps to complete during the due diligence process:

- Appraisals

- As-built construction documents (see what the build quality is and set up for electrical, HVAC, etc)

- Easements

- Encumbrances

- Environmental reports and related correspondence

- Government notices

- Leases (with rent roll to verify)

- Photographs - insist on looking at EVERY unit, otherwise you'll only see the ones the seller wants you to see

- Previous site plans

- Property surveys

- Recent tax bills (can call the county to ask for an estimate on tax bills after sale)

- Soil reports

- Title reports, commitments, and policies

- Zoning documents

- Any other legal documents of significance that the seller has

Post: Not sure where this goes to me it as all about mindset

Dennis RogovPosted
  • Real Estate Agent
  • Voorhees, NJ
  • Posts 32
  • Votes 14
Quote from @Larry Turowski:

@Dennis Rogov I agree with the others. You are all over the place. You are chasing home runs. You’ve been involved in some successful flips, it seems, but evidently that is too slow for you. You are swinging for the fences with all these ventures and missing out on base hits. 

Choose something that works—go back to your flips, or start as a small time landlord, etc—and grow it. 

I appreciate the comment and I just want to dig into “choose something that works” 

Syndication does work lots of my investors buddy are doing it and I seen their success first hand.  I guess  it just has not worked for me to grow my wealth. Based on your recommendation I should go back to doing flips and exit out of multifamily complete?