al audi
Banned
- Jun 18, 2009
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I'm back on FB for that purpose only, at first it was for yeezys but now I'm selling some stuff and bringing my collection down.
Home Buying & Real Estate Thread
- Thread in 'General' Thread starter Started by TYE_The Time Traveler,
- Start date
I'm back on FB for that purpose only, at first it was for yeezys but now I'm selling some stuff and bringing my collection down.
B Sox
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- Mar 31, 2011
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Realtor checking in here...Never really got into General so didn't know a thread existed...
- Oct 14, 2005
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Just a basic question for you, can I talk to the seller directly and work things out without the involvement of both sides brokers.
B Sox
Supporter
- Mar 31, 2011
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Seller's listing agreement with their agent would prohibit the seller from doing that....At least it would if I were their agent.
- Mar 31, 2006
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This seems like a pretty good deal. What am I missing ? 
https://www.biggerpockets.com/forum...n-bridgport-ct-fully-rehabbed-40--coc-13--cap
https://www.biggerpockets.com/forum...n-bridgport-ct-fully-rehabbed-40--coc-13--cap
- Feb 6, 2010
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Al how has that been as opposed to using grailednor ebay?
- Jul 27, 2012
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Closed on 3 new projects. Got an offer accepted on another. Crazy couple of days but I'm ready to take on the challenge.
- Dec 3, 2007
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- Nov 6, 2012
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Nice ! @ekREV98 keep us posted man. I hope you crush your projected goal for the year.
- Apr 30, 2010
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My man is moving. Between him and bigger pockets i'm seriously thinking about it. But damn those pitfalls for someone already working full time.
Damn why is he getting out of this?
This seems like a pretty good deal. What am I missing ?
https://www.biggerpockets.com/forum...n-bridgport-ct-fully-rehabbed-40--coc-13--cap
Damn why is he getting out of this?
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- Nov 6, 2012
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What pitfalls?
- Feb 6, 2010
- 6,244
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Al how has that been as opposed to usi
If you read the comments below, it looks like people want more info that he hasnt shared yet. Does look like a good deal but way out of my market
- Jul 27, 2012
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Thanks man! I want everybody to succeed and help in any way I can.
Thank you. We are ahead of where we were last year. Just received word from my business partner that we have another offer that's been accepted. So that's 6 properties. What a time to be alive....Lol. I've got a couple things I'm working on for the month of May so I'm excited to get that going.
I was working from home full time while taking care of my 1 yr old son as well. It took a lot of hard work and late nights but everything is finally falling into place.
- Apr 30, 2010
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Mainly your time, bad tenants, contractors etc.
- Nov 6, 2012
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Even without working full time you will have to deal with these things. I feel like if you can create a successful business while working a 9-5 you can do anything.
- Mar 31, 2006
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ekrev98
has me regretting my vacation to Spain next month. I was thinking of going to SD & LA cuz the Mets are in town. I could of learned a few things. 
I think I'd rather have a full time job while you're first starting to invest. It will be easier to get approved for loans and you can always hire a property manager if it gets to be too much.
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- Nov 6, 2012
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If you really are trying to make investing in rental properties a business I think a Property Manager is the way to go from day 1.
This is if you are looking to create a business where you are pretty much removed from small day to day task.
Once you start to scale you will have to use a property manager anyway, might as well start off with that mindset in the beginning.
This is if you are looking to create a business where you are pretty much removed from small day to day task.
Once you start to scale you will have to use a property manager anyway, might as well start off with that mindset in the beginning.
- Apr 30, 2010
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Yeah I was looking at this:
http://www.realtor.com/realestateandhomes-detail/10404-Westridge-Dr-103_Bowie_MD_20721_M55447-71894
then this like hmmm
http://www.realtor.com/realestatean...acon-Ridge-Dr-103_Bowie_MD_20721_M55434-30320
$286 condo fee with multiples available. In a mostly nice, slightly hood area.
http://www.realtor.com/realestateandhomes-detail/10404-Westridge-Dr-103_Bowie_MD_20721_M55447-71894
then this like hmmm
http://www.realtor.com/realestatean...acon-Ridge-Dr-103_Bowie_MD_20721_M55434-30320
$286 condo fee with multiples available. In a mostly nice, slightly hood area.
- Mar 31, 2006
- 2,631
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I dont know. He's probably looking to move on to bigger projects. A few things I was worried about is all the tenants are month to month. I'd definitely want them to all sign leases before taking over. It's also near the water. I asked a friend who went to the University of Bridgeport and he told me it's the "good hood". The university is 6 mins away by car. Not a lot of crime in the area. Schools suck. There's a nice looking park across the street. Thats always nice.
capital sb
, i kind of agree. I think if the place is local I'd like to learn how it is to be landlord. Once you have a few properties I'd definitely go the PM route.
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- Nov 6, 2012
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@Dam itz Lou , what always stuck out to me with the BP podcast is learning what is worth your time an what isn't.
There are very successful flippers that have never picked up a hammer.
Collecting rents, dealing with tenants, signing leases IMO not worth my time I'd rather pay someone the 10%.
I will have to pay someone anyway once I start investing out of state and scaling.
I rather learn how to pick a good PM and manage a PM from the jump.
There are very successful flippers that have never picked up a hammer.
Collecting rents, dealing with tenants, signing leases IMO not worth my time I'd rather pay someone the 10%.
I will have to pay someone anyway once I start investing out of state and scaling.
I rather learn how to pick a good PM and manage a PM from the jump.
- Jul 27, 2012
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I think I'd rather have a full time job while you're first starting to invest. It will be easier to get approved for loans and you can always hire a property manager if it gets to be too much.
Can't pass up a vacation to Spain! I'm actually gonna be in Palm Springs for a couple of days starting tomorrow. I hate to leave in the middle of what's going on but I gotta recharge and try to relax...even though I'll have my laptop with me just in case.
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B Sox
Supporter
- Mar 31, 2011
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Let me know if you need some representation
- Apr 30, 2010
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Bet.
- Nov 3, 2011
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p4l
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p4l
