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All Forum Posts by: Travis Schreiber

Travis Schreiber has started 3 posts and replied 9 times.

Post: Looking to buy duplexes but numbers dont mash up???

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

@Chris Shaw I currently have 2 sfhs that cash flow nicely.  I would agree with the changes in green bay.  Do you think the currently undesirable a few blocks either way from the river will turn and be desirable? I thought about looking into these house often going cheap thinking a few years from now the clientele might be better with corps like Schreiber down there and draws like the farmer's market.  If only the schools would get better.  Thoughts?

Post: avoid buyers commission

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

I really appreciate the answers!!  Maybe it would be worth my while to get a real estate licences.. Thanks again :)

Post: avoid buyers commission

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

Trying to get the price down on buying.. Can you write the offer yourself on a house listed by a realtor to avoid paying a commission to buyers realtor?  Can you expect the seller to take that savings off the price of the house, say 2-3% off asking price and negotiate the price down from there?  Is this possible?  Its so frustrating paying these commissions with all of the free options available to a buyer now.  Thanks for your time and help!!

Post: Looking to buy duplexes but numbers dont mash up???

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

I really appreciate all the input :) Thanks

Post: Looking to buy duplexes but numbers dont mash up???

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

@Jamie Rose Houses in the same neighborhood go for around 185k.  Like Greg said I have to find other avenues to find cheaper I guess.  I just don't know who buys or how it sells for that listed price.  Of course I will at least put in a low ball offer anyway.  Its been on the market for 120 days. Thanks

Post: Looking to buy duplexes but numbers dont mash up???

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

Hi! So I'm pretty new to the game. I bought 2 small houses this year.  I am trying to figure out how to negotiate down the price on duplexes in my area.  I'm from Howard a suburb of Green Bay.  The deal Im looking at is a 2 bed 1 bath per side.  The DP is currently on the market for 194k. taxes $2624.00.  Currently rented for  625 per side.  The numbers arent even close to making sense for an investment.  Howard has a very strong house market.  How do you get these people to see that the price isnt realistic with the Cashflow equations.  Its possible I could get both sides rented for 800 but Id rather stay conservative with whats in it currently.  This seems to be the case for most of the duplexes in my area.  Any ideas or thoughts would be greatly appreciated.  Thank you :)

Post: Hello Bigger Pockets!

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

Welcome!  

Post: Does anyone have a good system for finding comps?

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

Hey thanks for the response.  I know getting the comps from a realtor is probably most accurate.  I just don't want to be a huge burden.  I'm not sure how long it takes them to put the comps together?  I do think total view website is pretty cool, is it accurate though? Thanks Guys!!

Post: Does anyone have a good system for finding comps?

Travis SchreiberPosted
  • Rental Property Investor
  • Green Bay, WI
  • Posts 9
  • Votes 2

Hi I'm a newbie.  Does anyone have a good system to find comps for purchasing a house?  I'm currently just cruising Zillow and finding homes previously sold.  I'm not sure if there is a better system. Thanks for the help!