All Forum Posts by: Amy C.

Thanks for your comments!!

If one is not familiar with an area, what reference guides would you recommend to get accurate rental rates, besides a local realtor. Anything on-line?

Thank you!

When making an offer, what do you consider a good starting point? Is 30% below retail asking price too offensive/too lenient? I know you're supposed to feel somewhat embarrassed re: the offer, or you're not being aggressive enough. I know it depends on the geography, market climate, etc., just looking for a general guide and opinions. Thanks!

Amy

Hi,

I'm in the Philly area as well. We should get together! Pardon my ignorance, but what is socialized housing...same as subsidized? Also, what is pre-release, same as pre-built?

Thanks!

Amy

I hadn't even come to the issue of rent credits in my reading, and as a newbie, it sounds as if I should pretend I don't know such a thing exists until I get a bit of savvy under my belt.

Thanks Brian...I appreciate the confirmation that what I am reading is not a waste of time. Now, must get my first deal under my belt to convince myself further!

Does anyone actually use purchase options/tenant buyers/seller financing or any combination of creative financing in today's marketplace? I have read about all of these, but the books were written during the height of the bubble.

I wish I had access to those of you who have children that don't want to learn from you. I am desperately trying to find my mentor. I have read numerous books, spoken with a couple of agents, etc., but still hesitant to take the plunge. Anyone in the Philly area looking to change a gal's life? I am a quick study, good with numbers, and willing to do the "right" work. Thank you in advance!