15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
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15 December 2024 | 3 replies
I can't seem to find it anywhere.
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14 November 2024 | 40 replies
if you start with old content, you are in for a rude awakening when you actually go look at today's market.
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14 December 2024 | 0 replies
Well, I heard about this tactic, and was so excited to try it out until I tried looking through Jackson County’s public records portal here in Kansas City.
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21 November 2024 | 3 replies
Hi @Shelby McKeanWelcome back to investing.
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14 December 2024 | 0 replies
Last night, I heard an inspiring story about a mom who brought her young kids along for a 45-minute drive to tour an investment property.
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19 November 2024 | 6 replies
Welcome to BiggerPockets Al and good luck investing!
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14 December 2024 | 6 replies
Its not a set price per unit or building but rather a percentage of income to debt.
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20 November 2024 | 12 replies
First off, how many people is he selling this list to?