All Forum Posts by: Jared Fisher

Does anybody know any courses/programs that they recommend for learning how to find off-market properties? I'm specifically interested in learning how to land a pre-foreclosure deal, but I think I need a structured system for educating myself and have a teacher/mentor for support and to hold me accountable during the process. Thanks in advance!

What is currently an attractive MTR market with strong cash flow?

Does anybody have a handyman they've used to patch up holes on a roof that they'd recommend that services Jersey City? I'm leaning towards hiring a skilled handyman who's cheaper than a roofer because it should be a simple patch job that shouldn't require too much specialized skill. Thank you!!

I think I'll be in a position to buy a property in about 1.5-2 years and was wondering if it's too early to decide on a market to invest due to market fluctuations? If now is too early to start picking a city, how far out until I'm ready to buy should I wait before I pick a city to start looking for deals?

Can anyone share investor meetups that meet in Jersey City, NJ or close by?

 Interesting I didn't know that, but good to know! Thank you!!

 Good advice, thank you!

Been 3 months since the leaks and there has been no hail in that time. A few rainstorms occurred since then, but I don't know the exact number. 

There are areas where the roof wasn't attached to the vinyl that seems to be causing the leak, so it definitely seems that the roof has been an issue for awhile. When the roofer showed it to me, it did seem surprising that it was missed during inspection given how blatant it was

 What would the reasoning be for calling the inspector about the situation? 

Reaching out to multiple investors instead of just relying on my agent is definitely good advice for next time! My agent said he used this inspector multiple times for his personal investments, so I thought that was a valid reason to go ahead with this guy... Clearly I was wrong.

There has been no hail since the inspection, but I do get occasional heavy rainstorms in my area.

Definitely a good learning experience and thank you for your response!

I recently bought a property and hired an inspector that my realtor recommended and said he used for his own properties, so I thought that was a good enough reason to hire the inspector myself. After a few months, there were 2 leaks and a roof specialist came and pointed out the areas of the roof that had visible signs that it needed immediate repairs. Also, he showed me additional issues with the roof that were visible by just looking at the defected areas. According to this roof guy and another contractor, each of these issues should have been caught in the initial inspection before I bought the property. My question is, how could I mitigate the risk from being in a similar situation with future properties? Is there anything I could have done differently to save myself from being in this situation?