All Forum Posts by: Tyrell Ferguson

Thank you all for your words.. I think I understand the situation a lot better now from a buyers perspective and from a tenant and owners perspective I really appreciate it. @Dawn Brenengen I wanted to get one tenant occupied because Im out town at the moment for a few months and with this being my first deal I don't know the whole screening process or hiring a manager process. So I was looking for a tenant who was already paying and just keep the same system in place that is already there. Same tenant same and same management...Im more afraid to pick up a new mortgage and have to worry about filling it. I'd rather just find a place thats already being rented.

Recently Ive been doing online searches with my realtor to buy a tenant occupied property in Baltimore.  We have no problems finding them but when we try to make an appointment to go see them we get the run around.  We set up a date and they'll (the other realtor or property manage) will say Oh something came up lets reschedule and we  won't hear anything back. They say oh the house is no longer for sale but we still see the listing several weeks after.  This is the 3rd rental property I wanted to buy that this has happen with.  It's understandable if people don't want to sell properties that are making them money but why would they list them as for sale. Some have been on the market over a year.

Is it my realtor? Should i just put a contract in site unseen with a contingency that a tenant must be in place at time of purchase? I don't know what to do but I really want and need to get things started please help.

Thanks everyone for welcoming me in. I'm looking forward to networking and learning.

Hello, I'm Tyrell Ferguson from Baltimore, MD. Im currently in active duty in the Navy so I travel quite a bit. I'm looking to get in to real estate investment as part of my retirement plan. So, I'm in search of a few cash flowing properties.  I'm glad I've found bigger pockets I've been learning a lot via the Podcast.  So hopefully I'll get to network with a few people, and find some great opportunities. I'm mainly looking for people who have properties with tenants looking to liquidate their assets, I'm also interested in flipping but I don't want to do a flip for my first deal.  I'll see you guys around. :-)