Iliana Herrman
Guidance for an Eager BP Newbie
3 January 2025 | 5 replies
I've been running the numbers on different properties using a variety of online calculators for properties that I initially thought looked like there may be potential.
Nate McCarthy
How to approach landlord about buying their rental?
8 January 2025 | 5 replies
Sometimes you get lucky.You could even bring up the subject of seller financing (search online for ideas of how to structure a seller financed offer), and make sure a competent real estate attorney helps write the offer documents (if it gets that far).
Lindsey Buxton
16% Projected IRR? Our LP Panel Digs In
31 December 2024 | 3 replies
Atlanta MSA is great and growing, but Multi-Family supply coming on line there both now and through next year is significant, wouldn't this be a better/cheaper deal 1 year from now?
Jules Mbasso
New Member introductions
7 January 2025 | 4 replies
There are many resources for you to connect online and in person.
Antoine Fields
Looking for Property Manager in Alexandria, Louisiana - 4 units
8 January 2025 | 1 reply
You should also go online to your local NARPM chapter website; national association of residential property managers.
Jean-Pierre Njiky Djiodjip
New member introduction
6 January 2025 | 2 replies
In my opinion, an in person meetup > an online connection.You may want to consider making a connection here and meeting up for coffee or attending a real estate networking event.Best of luck!
Adam Macias
Wholesaling as it is today will be a thing of the past.
4 January 2025 | 3 replies
Quote from @Adam Macias: Wholesaling as it is today will be a thing of the past.It’ll truly be strange to even hear people and gurus trying to make big money off it.The more people try wholesaling but then end up not having an end buyer or cancelling contracts or trying weird things like novations, the more all of real estate will be regulated and cause requirements like licensing to be able to transact more than just your personal resident purchase.Which I don't know why hasn't happened sooner.Here's all the states (in red or yellow) requiring a license to wholesale or at least have started the process:Credit: REITipsterI think licensing and regulation is a beautiful thing that should happen if you plan to be an wholesaler and do more than one deal... which is going to be the case for anyone taking this business seriously.Or even it being regulated to need a real estate agent to do more than one deal outside of buying a personal residence.I've had plenty of failed attempts with agents in pursuit of wholesale deals and I know exactly why, it's not because the agent couldn't find me deals, it's just not practical to think there's opportunity for the numbers a wholesaler needs to make a profit on top of everyone else needing to these days.Because the only sellers who truly can sell at a deep enough discount are usually those who ran out of time and just didn't do something sooner with their situation.I know many coaches and gurus will disagree with me but there’s no regulations on youtube gurus and what they teach either.If we look at the current state of the market in hot cities, the availability of online resources to the average homeowner, how many deals can you possibly believe are available at 70% of ARV?
Emily Schultz
ANYONE HAVE SELLER FINANCING CALCULATOR THEY ARE WILLING TO SHARE
5 January 2025 | 5 replies
There are also many online calculators you can use if you do a search for them.
Jackie Liu
Unresponsive Property Manager
6 January 2025 | 14 replies
You can also check their reviews online at Google, Facebook, or Yelp.
Darrius Lloyd
Multi Family House Hacking
8 January 2025 | 2 replies
Build your network by joining local real estate investor meetups or online communities like BiggerPockets.