All Forum Posts by: Giancarlo Ameglio

I agree, it sounds like its a effective strategy. It is a "tricky" approach. In the long run it could have more negative results than positives. You will loose more deals and build less relationships.This is a relationship building business and your sellers today might be your buyers tomorrow. On the other hand, I was also thinking todays business models are not based on ethical systems and the line between ethical and unethical has never been more blurry. Some people might find for example in marketing the use of emotional exploitation propaganda might be a common practice for some companies. I am not defending neither approach.Thank you for your participation in this forum.

Thank you guys for commenting on my post.

@Nate Shields I totally forgot about that feature thank you for the reminder. 

@Nick Velez Thank you personal references are always better.

I heard in one of the BP podcasts a guy whose strategy is to send offers 15% to 50% lower than the price he thinks the property is worth. Then, if he does not get it approved he sends another offer a week after but the seller does not know it's the same person. He is basically setting a price expectation. Do you know anything about this strategy? I think it's very smart but maybe not very ethical what do you guys think?

Hello!

I'm Looking for realtors willing to work with new investors. I am looking to invest in duplexes, single-family homes and condos.

Appreciate the help!

With interest rates the way they are it doesn't make sense the price. It might be worth 1.3m but there is no way it can be a good deal with today's rents.

 I haven't yet. I am just running numbers and trying to find out what a good offer is for me. However, you are right. The property is sitting at the edge of a bad neighborhood. It's in a weird location where all houses on that street line are in the market value of 250k  but on the other side of the street, houses are going for 90k. The state started a re-beautification process that didn't work very well in my opinion. Student housing sits all around this area you can walk on the corner of one street and see ugly houses. On the other side, you see beautiful apartment complexes, student housing, and some restaurants in the area. 

I  Heard its a good area for midterm rentals if you find properties close to the hospitals.

That is such great advice. thank you so much @Nate Sanow

Thank you,

So much useful information!

I agree with all the information that has been presented. Some of you mentioned that college housing can be troublesome.

For those that have college housing what are your strategies for reducing M&R costs?

For those who decided to stay away from it what kind of properties have you found that have less M&R cost/stressfulness?

Thank you so much for the high-value information. You guys are the best!

What staregies are you guys using for a market like today?
Properties prices are correcting and some say rent costs are going to correct as well.  Cash flowing properties are rare with interest rates rising.

what are you guys doing to invest in this market?