Is Bigger Pockets The Right Site For Me?

Question

Hi my name is Essa Rassool and I sell all types of distressed properties. I recently have been coming across deals that are in the million dollar range, they have very good spread in them but the only problem is I don't have too many buyers with that kind of capital. Is Bigger pockets the place to find investors who can purchase high end properties? Or am I better off attaining low end deals?

Mindy Jensen · Answer

@Essa Rassool , BiggerPockets has members with all levels of experience and available capital. That said, the only place advertising is allowed is in the Marketplace Forum. Your Pro membership allows you to post in that forum up to two times per day, but you must wait 5 days before posting an ad for the same product, property, service or funding.

Jerry W. · Answer

@Essa Rassool, this site does not replace the need to network and advertise your business.  Most people use this site to network and gain an education on investing in real estate.  If your main business is real estate I think this site is a good one for you.  If you really want to be chef and will not be doing any real estate investing this is probably not the best site for you.  There are folks on this site who can handle million dollar deals, but I doubt you will have much credibility without your showing that you are credible.  A really good way to build credibility is post thoughtful, intelligent, information in answer to some folks request for help on this site.  Good luck with your career.

David Faulkner · Answer

The million dollar range is not necessarily high end in SoCal. If you don't have too many buyers with that kind of capital, then either your network is weak or perhaps the spread is not as good as you thought it was. If you are attempting to operate as an unlicensed broker on million plus dollar homes that you do not have a direct ownership stake in (no, a sales contract is not a direct ownership stake), then you likely have problems that may include but also extend beyond those mentioned above.

Essa Rassool · Answer

Thanks to everyone who replied very big help!

Is Bigger Pockets The Right Site For Me?

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