Robert Smith
Thoughts on Non-profits Real Estate Investing
31 March 2018 | 1 reply
I am looking into first creating a non-profit for purposes of acquiring, rehabbing distressed housing; then renting out rooms to seniors/55+
Denise Thomas
New members from Northwest IN
3 April 2018 | 2 replies
As of current, we are only investing in distressed properties but looking to expand with the right opportunity in the future. :-)
Andrew Robitaille
Out of state feedback needed
5 April 2018 | 6 replies
If you figure out finding off-market distressed properties remotely, then the rest is about effective delegation and all of the project management fundamentals (risk, scope, budget, communication, etc).
Brian R.
new guy from glendale Ca
4 April 2018 | 4 replies
Welcome, @Brian R.SoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners across LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?
Patrick Philip
What statistics affect the inventory of distressed properties?
4 April 2018 | 1 reply
Common real estate statistics like median home price, Average Days on Market, annual change in home value, # sales, # listings, etc.Which statistics can provide clues to how much inventory of distressed (off-market) deals there will be?
James David Ludovina
Renting back to owner after closing escrow in Charlotte
21 April 2018 | 3 replies
The sellers were in financial distress and needed to sell quickly.
John Dreher
Noob from NYC. Looking to invest in Philly.
4 April 2018 | 3 replies
I have a few friends I’ve partnered with and we are looking for distressed properties to BRRRR in the Philadelphia area.
Account Closed
Selling in IL with no attorney?
7 April 2018 | 17 replies
Those deals involved real estate investors buying from distress sellers.A title company typically only prepares a standard deed.
Doug Haisten
Birddogs: License Requirement
5 April 2018 | 1 reply
I commented in another website about asking a couple of friends of mine that through the day are working in neighborhoods to let me know if they see any vacant or distressed properties.
James Hill III
Life After Ball. New Investor from Southern California
14 April 2018 | 20 replies
Welcome, @James Hill IIISoCal can be a tough nut to crack for newbies.A couple years ago I mailed out lots of letters to homeowners across LA County with no luck.Then I tried rural Kern County and got a deal from a distressed homeowner in California City.The margins were not as large as they would've been in LA or OC, but I was able to rent it out for 2 years before fixing it up and selling it for a decent gain.Also, have you considered an owner-occupied small multifamily for your first deal?