Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jeremy T.

Jeremy T. has started 2 posts and replied 228 times.

Post: PO Box or Personal Mailbox

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240
Originally posted by @Kyle J.:
Originally posted by @Jeremy T.:

To the best of my knowledge, it looks like an actual address versus saying "PO Box ###".

You can do the same thing with a PO box.  It's called "street addressing".  You basically just use the address for the post office followed by your box number (i.e. 1234 Main St #987).

 Nice.  I had no idea...thanks for the tip.

Post: PO Box or Personal Mailbox

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240

To the best of my knowledge, it looks like an actual address versus saying "PO Box ###".

Post: buyer leeds

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240

Just some thoughts in general and not directed at you, OP...instead of blindly shooting off random/poorly priced properties to a guru inspired "buyers list", why not build a buyers list through talking with people to determine a) if they really are a "buyer" and b) work together to find them properties in areas they like to buy?  

Bring them a deal and see if they would like to partner with you for 5k or 10% (whichever greater) of the sale price* per house (i.e., a much better looking way of generating a "wholesale fee").

*-edit: What you, in charge of property acquisition, agree to pay the seller.

Post: The answer to those "wholesaling is illegal, unethical, immoral" statements...

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240
Originally posted by @Aaron Mazzrillo:

"When we first created Dragon Version 1, we didn't know how to create a spacecraft," Musk said. "We'd never designed a spacecraft before..."

^^ This.

I know that meaningful progress in every field ever has come from sticking with the status quo and never, ever questioning conventional wisdom. 

(testing the sarcasm button again)

Post: Where in Pittsburgh to Invest?

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240

@Dawn Wilkins 

Of the neighborhoods listed by @Francisco Ycaza only Mt. Lebanon has walkability.  I grew up in Bethel Park and Upper St. Clair has (no joke) one restaurant. The neighborhoods I listed, specifically Dormont and Bellevue, are very walkable. Dormont, Beechview, and Castle Shannon are all right on the light rail (the "T"). and are far more affordable than Mt. Lebo or USC.  Yes the schools aren't as good, but you don't have to worry about that (and you shouldn't pay the egregious taxes if you aren't sending your kids to those schools...I live in Mt Lebo for the schools). Brookline has a large commercial district along Brookline Blvd which is what it seems like you are looking for.  Just some thoughts.

Edit: another poster just mentioned it, but Oakmont also is very walkable with a distinct business district.

Post: Where in Pittsburgh to Invest?

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240

@Dawn Wilkins 

Avalon/Bellevue, Dormont, Castle Shannon, Coraopolis, Crafton, Ingram

If you want to live in the city: Brighton Heights, Brookline, Beechview, and the neighborhoods south of the Liberty Tunnel, west of Brownsville Road (of which Brookline is part of). 

Post: List Source?

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240

@Dev Horn 

I wish I could vote for that last post 500 times...that is a FANTASTIC tip.  I know what I'll be doing with the majority of my day now.  Thanks again.

Post: The answer to those "wholesaling is illegal, unethical, immoral" statements...

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240

Oh wow...what an epic thread.  Bravo everyone.

Post: Cubicle Hell

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240

I worked at a job where there were 5 of us on a constant email chain. We would send hundreds, if not thousands of emails back and forth to each other every day.  We had code names for everyone in the office (as I'm sure the tech dept. enjoyed reading our back-and-forth even if they didn't know who we were referring to).  We used this as a call to action to raise hell when necessary, and to compile a list of gents who opted against using soap and water after using the restroom (the president of the company headlined this list).  It helped to pass the time.  

The guy who sat in the cube next to/behind me was a mountain of a man.  He used to make some of the more disgusting sounds while eating...and of course he ate at his desk every single damn day.

Then there was the day when all of the "important" people had a golf outing, so we decided to throw an impromptu all-day potluck/picnic for ourselves in the conference room.

I sometimes look back on that job and wonder why I hated it so much.  The grass is always greener.

Post: Wholesaling to equity

Jeremy T.Posted
  • Investor
  • Pittsburgh, PA
  • Posts 266
  • Votes 240

I don’t see why not? Your lead generation rates will likely be (much?) lower than with absentees, but the number of marketable properties also increases dramatically. With proper marketing, I think they could effectively cancel each other out.  I believe that absentees tend to be ‘lower hanging fruit’, but there will never be a shortage of life circumstances that will motivate people to trade equity for cash.

More focused marketing (through using quality copy, targeting, multiple touches, etc) and the ability and knowledge to structure deals beyond "I'll give you 70% ARV-repairs-contract assignment" is pretty important. Being licensed and having the ability to sell or refer to another agent for a retail transaction wouldn't hurt either.