All Forum Posts by: Joe Aquilina

@Adam Wigdorski

Thank you sir! Great information and I will look more into it!

@Matthew Defore

Yes sir, I will get in the habit of saving. But, saved money is dead money.

@Kelsey Herbst

Wasn’t too sure where to start, so thank you!

@Jose Abreu

This was a great response! Thank yoh Jose, I will do my homework and see what’s out there.

@Kyle A.

Thank you! Great information! I will open my options up more for sure!

So I found a property that looks distressed. There is no inside pictures but from the outside it looks a bit rough.

It’s 3/2 double.. and listed at 89.9k..

I do think I can talk em down just a little bit more because the surrounding area is relatively low as well.

I’ve skiptraced the owner and got the number..

What is the information I should be looking for?

-why he’s selling?

-what’s his lowest he’s going?

- are the tenants still living there?

- what are the repair costs?

-can I come in and see the home?

I’m not too sure where to start with the phone call... any help will be appreciated.

Feel free to connect with me as well.

@Abel Curiel

Thank you for the insight Abel! Great information and I will consult with the listing agent but also with other investors. And then do my own analysis once I get experienced enough.

I’ll get to work! Thank you again!

@Alex Leana

Just connected and messaged!

@Eric Johnson

I’m not understanding the first part.. I’m gonna go and find out what that means lol.

So are those the only things I should take into consideration or are there other things I should take into consideration..?

Thank you Eric! So much help!!

@Alex Leana

It is HOT!! I have seen so many multi units going for dirt cheap... even with a 130k value the rents are going for maximum 700 for ALL units... (3 unit multi family) it’s great don’t get me wrong, but I don’t have the money to rehab and make the cash flow even greater..

Not too mention there are already tenants in practically every single multi family..