Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago on . Most recent reply

User Stats

17
Posts
4
Votes
Octavian Cross
  • Agent
  • Lafayette, LA
4
Votes |
17
Posts

Talk to the tenant!

Octavian Cross
  • Agent
  • Lafayette, LA
Posted

Hello BP! This is my very first post so I hope I'm doing this right. I thought I'd post something that I learned yesterday that I think might be useful to other wholesalers out there. Always try to get the inside scoop of repairs needed from the tenant! The seller conveniently left out that her house had some plumbing issues. Because I built report with the tenant, I now have additional negotiating ammo. I never would have known this had I not talked to the tenant. No one knows the house like the tenant especially if they have been there a few years. This will be my SOP in the future.

Most Popular Reply

User Stats

2,078
Posts
1,810
Votes
Hattie Dizmond
  • Investor
  • Dallas, TX
1,810
Votes |
2,078
Posts
Hattie Dizmond
  • Investor
  • Dallas, TX
Replied

@Octavian Cross 

Welcome to BP!

Here are my Quick Tips (If you're listening to the Podcasts, you'll understand the reference. If not...see Tip #2!!!)  You're already doing #1, so great job!!!

1. Get involved in the forums. Offer what you can and absorb what everyone else offers.

2. Listen to as many Podcasts as you can. I am listening to all of them, some of them more than once. There has not been a single broadcast that has not provided me value or that I felt was a waste of my time. Great content!!

3. Download and read the free How-to-Guides, starting with the Ultimate Beginner's Guide to Real Estate Investing. You could pay thousands of dollars for this information BP offers free. (I almost did!)

4. Set up some keyword alerts. It will keep you engaged in valuable discussions, while you're getting plugged in.

5. Get involved with your local REIA's. Real Estate is, as I'm learning, all about relationships and networking. Make it work for you!

The BP community is awesome, and you've taken a great first step!

Loading replies...