Updated over 4 years ago on . Most recent reply
Found Investor w/ 100's of properties looking to offload
Hi BiggerPockets! I've stumbled on an investor with hundreds of properties and looking to offload some in a package deal. The city is growing and values are high. I've been offered the option to buy as a bundle CASHFLOWING properties. Is it safe to be a beginner and go straight to a Big Deal?
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Jay Hinrichs
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Jay Hinrichs
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red flag to me.. in this market if a seller is offering someone who is brand new some deal to buy a huge bundle of properties these could be management intensive and maybe not appropriate for a new investor..
real estate takes a boat load of cash in reserves to handle a huge portfolio.
real estate takes a boat load of cash in reserves to handle a huge portfolio.
- Jay Hinrichs
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JLH Capital Partners