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27 January 2025 | 3 replies
Stay disciplined and avoid rushing into deals without thorough due diligence.Resources for InvestorsIf you’re new to investing in distressed properties or looking to expand your portfolio, consider leveraging resources like:Local Realtors: Realtors specializing in distressed properties can assist in locating off-market deals and navigating complex transactions.Community Forums: Attend a local investor meetup or join online forums for the Phoenix market.Educational Tools: Search out webinars, workshops, or courses on investing in distressed properties.Final ThoughtsThe distressed property market in Phoenix is creating some excellent potential for the right investors willing to go the extra mile necessary to take on strategic risks associated with this category of real estate.
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24 January 2025 | 6 replies
Look up local investors on social media and follow them and comment and like their posts so they get used to seeing your name.
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5 February 2025 | 4 replies
Maybe one the contributors on BP will see your message and start something like that.
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11 February 2025 | 16 replies
Happy to connect and help on your journey
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2 February 2025 | 2 replies
Have you considered creative financing options like joint ventures or seller financing to reduce reliance on outside capital?
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27 January 2025 | 2 replies
My coach suggested (and I implemented) a "must do tracker"....it's a color coded spreadsheet (I like to print multiple copies and keep them on a clipboard to stay in my sight/top of mind).
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7 February 2025 | 17 replies
The MN statutes are all readily available online, and will be easily found via a google search.
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5 February 2025 | 6 replies
Trying to get a split level (not a lot of sqft) on the market in the next three weeks and trying to decide on whether to open the wall between the dining and living room for a feel of openness or leave it as I have heard from two interior designers that the open concept is on the way out as we are more at home and liking our separate areas in the home.Pragmatically speaking the opening of the wall will be mostly a time drain with it being a load bearing wall and having to support the ceiling while rebuilding and all the drywalling necessary.
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27 January 2025 | 5 replies
I am looking to connect with the investors there as the promotors are continuing to take Asset Management fees to the tune of $450K a year (on top of PM fees) even when their payout to the investors is around $20K a quarter (not meeting preferred) and the overall fund is negative about $450K.
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5 January 2025 | 17 replies
Life goes on.