All Forum Posts by: Edrian Teodoro
Edrian Teodoro has started 2 posts and replied 7 times.
Post: Newbie Ready to Learn and dive into Real Estate Investing

- Lyons, IL
- Posts 7
- Votes 3
I found it, your hyperlink caught the "-" at then end, I'm all good and checking it out now. Thanks!
Post: Newbie Ready to Learn and dive into Real Estate Investing

- Lyons, IL
- Posts 7
- Votes 3
Thanks @Dave Visaya for the greet and weblinks. By the way, the link for biggerpockets.com/meet doesn't appear to exist. Though I will go ahead and find out exactly where its at throughout the forum.
Thanks Dave.
Post: Site Inspections after Signing the Contract and Walking Away

- Lyons, IL
- Posts 7
- Votes 3
@Karen Margrave @Ralph R. @Daniel O.
OK, that answers my question. Making the offer contingent is what I would want to do in that circumstance. And yes, I could see the seller not accepting if you try to do to much.
I got it now. Feels good to learn something new with my first question on BP. Thanks all for the help and advice!
Post: Site Inspections after Signing the Contract and Walking Away

- Lyons, IL
- Posts 7
- Votes 3
Hello Karen. Thank you for answering. I didn't word myself correctly at all. My apologies.
What I meant to ask was, lets say I made an offer on a house that needs work and the seller accepts the offer. I then get an estimate on repairs and the cost of repairs is higher then I thought. My question, would it be unusual to make a contract stating if I'm not satisfied with the repair estimate I can walk away after the contract was accepted? I've been reading that some sellers can deny you to have someone check out and get an estimate before making an offer.
I did asked a dumb question about it being possible, and yes, duh that's what a contract is for. Sorry about that!
Post: Site Inspections after Signing the Contract and Walking Away

- Lyons, IL
- Posts 7
- Votes 3
Hello everybody at Bigger Pockets! Hope everyone is well!
Been doing my newbie research and came across an article about Offers Subject to Interior inspection. Correct me if I am wrong, but my understanding of this is is that if the owner doesn't allow me to view the inside of the property, I can make an offer, noting Offer Subject of Interior Inspection. If the seller agrees and I don't like the results of the inspection done after, I can walk away. Is it unusual to offer the same terms even at first I was able to look inside the property? Is that option even possible?
Post: Newbie Ready to Learn and dive into Real Estate Investing

- Lyons, IL
- Posts 7
- Votes 3
Thank you thank you for the welcome! Happy investing and best of luck to you both as well.
Post: Newbie Ready to Learn and dive into Real Estate Investing

- Lyons, IL
- Posts 7
- Votes 3
Hello all! My name is Edrian and live near the Chicagoland area. I've been wanting to get into real estate investing for about a year not, but just didn't have the finances and the confidence to do so.
It does look however that I will be ready to actually take action soon. . Did a little search on the best sources and I found this website to help learn and prepare myself. After watching the Path-to-Purchase well as reading some threads, this looks like a place I will like to be active in.
It surely looks like I have LOOOOOOTs to learn. I do have experience in real estate somewhat. I bought my house on short-sale which was about $20,000 - $40,000 cheaper then comps around the area were being bought at. Many people said I could of got it cheaper, but hey, I was just really happy of finally buying my first property (even if it was for my own personal rather then an investment). After being at my place for year and with a steady job income, I started to think about real estate investing Though everybody that knows me knows my weakness is my conservative mindset. Not knowing it all will keep me from taking action.
This website and the content everybody provides has been really great so far, and it looks like I will be on this everyday. In the beginning, it may be slow just trying to learn and I will most likely ask too many questions. But the more I grow and experience, I will eventually do more contributing then learning...and then when I take action on my first purchases and experiences, I will share as well.
Thank you all for reading, and hope we can share experiences and knowledge!