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15 May 2024 | 7 replies
For instance, I thought some of the purchase price for the properties were way too high above retail, or the rehabs weren’t very nice and didn’t looked rehab at all, or they were renting at well below the 1% rule etc.I took a look through Antoine's inventory and found the purchase price of their homes were in my sweet spot: $60-100k in markets like Cleveland, Memphis, and Birmingham.
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17 May 2024 | 12 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
14 May 2024 | 2 replies
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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17 May 2024 | 21 replies
You can take this false affidavit into your local police or court officer (whoever institutes criminal charges in your jurisdiction).
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17 May 2024 | 7 replies
One way would be to start networking here on Bigger Pockets to see if anyone has something you're looking for that they would consider a low-down option to finance you into your first deal as a house hack.In any situation, the first thing to do is talk to a few LOCAL lenders who deal in the grant programs for First Time buyers.
17 May 2024 | 9 replies
I am a board member with CFRI, the local chapter for the national REIA and I personally know about a dozen private lenders that are members.
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16 May 2024 | 15 replies
It is the State capital so always a lot of economic development and job creation locally.
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17 May 2024 | 19 replies
My name is Matt McDonald, I'm a local investor in Columbia, SC, and new to the Bigger Pockets community.
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16 May 2024 | 2 replies
I am a local Realtor in the Orlando area and could provide some insights into the value and appreciation potential.
17 May 2024 | 5 replies
I don't have any real estate clients locally.