All Forum Posts by: Doron Nissim

Hi@Dylan Tettemer

Try look here on bigger pockets for an investor friendly real estate attorney.

you need someone who is creative thinking. some of the real estate attorneys i met were way too traditional and couldn't understand even a simple thing like double close... :|

Hi @Ivan Vargas,

congrats on buying at the foreclosure Auction..

these days palm beach court became very hard to find deals..

you should look inside the mailbox and see if it stated vacant- the post office does that.

look if there is mail from months ago that should give you an idea if the person left or still at the house.

post a note on the door if you are still not sure. wait few days. go there over the weekend and check again.

if you don't see no one, you don't need to wait any longer and can just go in.

Good luck and hope you got a good deal!!

inbox me if you have Any questions

Hi @Burcin Can

Welocme to BP!! what seminar did you do for 3 days?

you are welcome to DM if you have any questions..

Good luck investing!!

Hi @Dylan Tettemer

what exactly are you trying to get this attorney to do?

maybe i can refer you to someone local..

Hey@Aditya Soma

this is a hard question....I would go with my gut feeling.. A person you can connect with better and someone that can teach you new things..

usually i will go with a younger person they seems to have higher energy always fast paste and tech savvy.. but it is really depends on the person.

an older agent with lots of experience and connections might work well for you too.

they have the knowledge to negotiate and get the deal done..

you can try working with both.. don't commit to anyone, and just try to a deal with either one.. see which one works better for you.. 

you need to keep your options open...:)

Good luck!!!

Hi @will Gaston

Why won't take it at a different approach. 

if you can buy it with no money down. and can raise the rent significantly,  I would buy it , improve it and resell it fast. I wouldn't take the rent increase as a factor for buy and hold long term. things can change and this shouldn' be your number when choosing your offer . but for buy and flip short terms this property can work.

ask your t"rusted agent" 

how much he can sell it if you increase the rent to 7000-8000 and start running he numbers. . you might be looking at a 50k fast profit. 

good luck!!

Hi @Aditya Soma,

there is no straight answer here.. but few things to consider before making an offer..

1. Market- are you in a seller market? meaning more buyers and bidding wars for every property.

2. Type of seller- REO, HUD,Owner, probate etc.. this is a vital information!!

3. Condition of the property- does it needs work, is it in good condition, little work etc..

4. Days on the market- is it a new listing, old listing, back on the market..?

5. Area- subdivision and schools- is it in a desirable area? white collar, blue collar, war zone?

6. House type- Single family house - Condo, Town house..?

7.(little secret) Real Estate Listing agent- top producer agent, big office, new agent? this can help you determined the motivation level of the agent to negotiate the price for you with the seller.

when you have this information you will have the power to make a smart offer.

it might look like a lot of things to consider right now, but after you start making deals, this will be a second nature to you.

also keep in mind when making an offer always ask for inspection period. you can always re negotiate the price after you have the inspection report in hand and use this information again like a smart investor :)

information is power!!

happy investing and good luck making offers!!

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Welcome jenny!!

wish you lots of success!! real estate investing is amazing!!

learn your new farm area and start investing.

connect with local agents and ask as much questions as possible about the area.

don't be afraid to ask questions. its the best free information you can get and good for networking too.

good luck!!

Hey @Shayne Smith

Welcome to BP community and lots of success!!