All Forum Posts by: Justin Brown

Great discussion! It may have been said already but I think the vote function is under used. And that can really help vet a post. Also it’s tough to judge someone by how long they have been on BP or how many deals they have done. Someone may have been in real estate for a while and just stumbled on the site and could also be in an accessory role (accountant, title agent, etc) and not done any deals themselves but have excellent advice. At the end of the day it’s up to you to make the decision. And beyond BP you should be making local connections and support if your goals.

Also varies based on city requirements. In Allentown we make sure that there is nothing the City is going to find and flag and we are going to be stuck with. Good luck!

Robert Schumacher would this be in your neck of the woods?

Yes we are planning another one between thanksgiving and Christmas! For everyone that was able to make it I apreciate you coming out, it was a great time! Looking forward to the next discussion! 

Josh Cook great question! I’m in a sellers market too and it’s tough. A few points that might help you. People run from mold so he will want to stay with you if possible. If they had not disclosed it before they will have to do so now, so you tell him to have it done or you walk. Second thing is that you can submit in your reply who exactly who you want todo the work. That way to @Thomas S. point you can mitigate the sellers going cheap or doing it themselves to pass buy it. We have a ton of radon here in PA so I submit in my reply if radon comes back high “Seller at sellers expense to install radon remediation system by ABC Radon Specialists and furnish receipts of completed work and satisfactory retesting of the radon level...” this way I know it’s my guy doing it and will be done right. Sometimes I’ll submit a quote with my reply so that they can see he is priced reasonably but I still know it’s getting done right. You can do the same thing for the mold.

Hey @Ryan Kunzmann not sure if @Stephen Kunen made a typo or is referring to something else but here is the link to the meet-up we are doing tomorrow (Thursday) night: Lehigh Valley Investors Market Discussion Hope you all can join! 

Hey Gang! Wanted to try to get a better head count for finalizing our accommodations and refreshments. If you are 78.95% sure your coming if you could RSVP that would be awesome! Can't wait to see everyone there tomorrow! 

P.S. I got a new copy of @Scott Trench book "Set for Life" burning a hole in my backpack so come out and someone take it off my hands! 

Hey man! Go Steelers! I grew up in center country rooting for the Steelers, and feel at home when my travels take me to the steel city. If you want to stop by Allentown on your way back to Pittsburg hit me up! Beers on me! Sounds like a great plan. Friends of mine are just about done with a live in flip their in Pittsburgh and the prices are really nice. Good luck and thanks for your service to our country and sharing your story!  Cheers @Ryan Kunzmann

Not sure about the site you just linked but us not normal people, I assume you mean realtors lol have to pay to be part of the MLS in the area of the state we are licensed in. There are some great online resource that catch listings 24-48 hours after they are posted but the best thing todo is find a realtor and ask them to set up an auto-email for you particularly if you're in an area that has a strong market you don't want to be behind of the competition. You're going to need a realtor to show you the property anyway so it helps to have one lined up helping you out.

@Brian H. congrats on closing on your first flip! How did it go? I think you're so right that it depends a lot on factors specific to each investor's comfort level.  Problem I run into is most duplexes around here are going to require work and lazy landlords have long term tenants in with low rents. I also think of a multi family unit as having a multiplier or things to go wrong, two water heaters, two sets of people to chase for rents etc. But there's no arguing that if you leverage you will be able to get better cash flow.