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All Forum Posts by: Peter Rodriguez

Peter Rodriguez has started 7 posts and replied 18 times.

Post: How do you buy out of state?

Peter RodriguezPosted
  • Posts 19
  • Votes 12

I've been trying to buy listings out of state and when I find a house that seems good I call up the listing agent or a real estate agent to help me buy it.

They chat me up and offer themselves to check the house out and will let me know soon. They then just never message, call or email me :/

They don't ask about pre-approvals or anything which I find strange. They are legit real estate agents and I've gotten info on 1 house but it had title issues.

Basically what steps should I follow to make sure I can look at a house out of state and offer quickly. How much should I annoy the agent and how long should I wait to switch agents? After being ignored for a 3 days , a week or longer.

I've been looking at a few markers but currently I'm looking at Wisconsin if anyone's curious. Thanks and have a good day.

@Corey Depuy

Looks good to me assuming it's in good condition and property taxes aren't super high.

Just make sure your math checks out.

@Robert Ellis

I'd like to connect with you , I'm out of state also looking for a first deal. I hear many good things about Ohio, I notice that you're also getting into the Airbnb game. I'd love to talk about either short term or long term rentals

The mother-in-laws and apartments at around 280k-330k seem okay, but I guess I zero idea what to put for the "pretend" rent when I analyze a deal like that. I try and look for comps in the area and all sorts of tools but I guess I don't know how to gauge the expenses of buying , closing and owning the home.

I remember seeing a bigger pockets podcast where it helped to get the Counties evaluation of the home $$ , but I can't figure out how to do that for utah counties.

You've all provided some great info I'll keep trying to figure out the math, and look for homes I can house Hack to start off with!

@Amy Kendall  Thanks!!!

@Jaiden Olsen Thanks for the response i'll look into meet-ups!

@Sean Nava I'll look into Mother in Law Appt. 

Thanks for the quick responses ! Any information is always a step forward :)

Hi, I live in utah , currently based in Salt Lake City.

I want to buy a property to House hack within 10ish miles of Salt Lake.

If you're in the area or know about the market what are my best resources?

RE Agents , Lenders, Property Managers, Property Evaluation (like by county or state), etc. 

I know it's asking a lot , but I really want to build my assets I don't want to work for 40 years , and I think most of you don't either.

Thanks, I'll try editing the numbers. I was just trying to keep it comparable to the are which have similar renting prices. The comps are all around that. I guess since I haven't owned a property I don't know how bad my Vacancy will be, I guess I can let them pay for water and garbage.  5% down because I don't have a lot of Capital i'm saving up , I don't think an investing partners would trust a newbie either. So I can afford very very minimal down payments. 

Can someone take a look to check and see if this math looks right?