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Results (2,579+)
Henrik Arnroed Would you live in the market before you buy?
27 July 2024 | 16 replies
You make some good points.Then it seems to me that flying in before making a purchase (for example when you find a property which seems to be a deal) would be enough to scout out the neighbourhood and get a feel for the property - outside of what lives on paper and pictures.
Julian Rozo Hello BiggerPockets! New PRO here
22 July 2024 | 3 replies
If I’m not out scouting properties, you can often find me on a nearby golf course.Excited to learn and connect with you all!
Richie Thomas Hazel Green- too far for commuters?
23 July 2024 | 27 replies
I visited Huntsville and Madison last year on a real estate scouting trip, but didn't make it as far as Hazel Green. 
Felix Rodriguez Looking to invest in south bend, Indiana
21 July 2024 | 17 replies
As with any other place come visit before you buy and spend a couple of days scouting things out so you know what parts you may want to stay out of.
Julien Lorincz Investing from overseas
19 July 2024 | 9 replies
.$300M Huntington Place Renovations & New Detroit Hotel https://www.crainsdetroit.com/real-estate/huntington-place-renovations-new-hotel-deal-reached$200M Chase Investment in Detroithttps://www.axios.com/2023/09/28/detroit-rebound-jp-morgan-investment$44M Investment, 237 New Jobs: Bollinger Motorshttps://michauto.org/bollinger-motors-plans-44m-metro-detroit-investment/$21.5M Investment for Detroit west side Dexter Neighborhoodhttps://www.clickondetroit.com/news/local/2023/11/01/neighborhood-on-detroits-west-side-receives-more-than-215m-in-investments/$20.6M Investment, 186 New Jobs: BorgWarnerhttps://www.crainsdetroit.com/auto-suppliers/borgwarner-invest-206-million-create-186-jobs$11M, 200 New Jobs: Volkswagen Scout Brand Investment in Detroithttps://www.teslarati.com/volkswagen-scout-11-million-detroit-investment/New Detroit Developments to Be Excited Abouthttps://www.metrotimes.com/detroit/15-new-detroit-developments-to-be-excited-about-photos/Slideshow/32734721/327353923 International Companies Choose Detroithttps://www.detroitregionalpartnership.com/international-investment-comes-to-detroit-region/6 New Residential Developments in Detroithttps://detroitisit.com/6-new-residential-developments-in-detroit-to-know-about/Contact us with any questions you have.
Grant Stepanic 10 Steps To Take For Out Of State Investing
18 July 2024 | 2 replies
Options may include traditional mortgages, private lenders, partnerships, or even self-directed IRAs.Calculate all potential costs including property acquisition, renovations, property management fees, taxes, and maintenance.Property Selection and Due Diligence:Use your local team to scout properties that match your investment criteria.Conduct thorough due diligence including property inspections, financial analysis, and reviewing rent comparables (rental rates in the area).Make Offers and Negotiate:Submit offers based on your research and due diligence.Negotiate terms that are favorable to your investment goals, taking into account potential repairs or improvements needed.Close the Deal:Once your offer is accepted, work with your local team to complete all necessary paperwork and close the transaction.Ensure all legal aspects are handled properly, including title searches and property inspections.Manage Property Remotely:Hire a reputable property management company to handle day-to-day operations such as tenant screenings, rent collection, maintenance, and emergency repairs.Establish clear communication channels and expectations with your property manager.Monitor and Adjust:Regularly review your investment performance and financial metrics (cash flow, occupancy rates, expenses).Stay informed about market trends and adjust your strategy as needed to optimize returns or mitigate risks.Long-Term Strategy and Growth:Evaluate opportunities for portfolio expansion or diversification in the same or different markets.Continuously educate yourself on real estate investing best practices and market dynamics to make informed decisions.By following these steps diligently and leveraging local expertise, you can effectively navigate the complexities of out-of-state real estate investing and build a successful portfolio over time. 
Maikel Figueredo How to wholesale when house is listed with and agent?
9 July 2024 | 28 replies
.- THERE ARE MANY MANY MANY REALTORS WHO LIST JUNKERS (FYI HINT: TRY SCOUTING OUT LISTING AGENTS FOR REMAX AND/OR KELLER WILLIAMS)...
Bob Beach Property Managers, Red Flags?
6 July 2024 | 25 replies
One of their maintenance guys was murdered about 18 mo ago, while scouting a property on his way home.
Michael Oliver Looking into Detroit but SO scared
5 July 2024 | 73 replies
Also, Detroit is #6 on Neighborhood Scout’s list of the 100 most dangerous cities.
Justin Gaskill Downtown investment from run down eye sore to beautiful home
28 June 2024 | 1 reply
I scouted this neighborhood and saw that there was a lot of opportunity here.