Joseph Fenner
How do I find the best deals?
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.
Matthew Hull
“Cash” Offer Vs Hard Money - Same?
23 November 2024 | 3 replies
The idea behind a cash offer is that well, you have the cash.
Michelle Glover
Lots of offers but appraised low
19 November 2024 | 26 replies
We received and accepted an offer for $225,000.
Anthony Leodoro
Offer Scripts for BRRRR/Fix-n-Flip
18 November 2024 | 5 replies
An agent will significantly help you through the offer process.
Henry M.
What Constitutes a Lowball Offer and Consequences
15 November 2024 | 8 replies
Now that doesnt mean lowball offers arnt sometimes proper.
Syman Scarpellino
BRRRR INVEST ACADEMY (NATE BARGER)
16 November 2024 | 26 replies
Saw this program on Facebook today.Like all online coaches, I question if someone is bringing in millions of dollars, why do they need to be hawking a $5k course?
Rene Hosman
Have you ever offered rent concessions to entice potential renters?
20 November 2024 | 15 replies
I've managed up to 400 rentals and never offered a concession.
Tim B.
Seller rejected offer due to not Seeing in person
15 November 2024 | 3 replies
You could/should offer a small non-refundable EMD, say $5k if that’s equal to a couple month’s rent.
Tanya Maslach
Investors who offer corporate rentals / MTRs for corporate buyers
22 November 2024 | 4 replies
Hi everyone,I would love to learn from and connect with those of you who partner with corporate hq folks (regardless of the "corporate" buyer) and offer them an inventory, or even one product/asset, for MTR/Corporate Housing.
Larry Nielsen
Typical Monthly Cash Flow / Best US Markets
12 November 2024 | 10 replies
Some people are successful in this price point but almost always by being local and self managing like a hawk.