All Forum Posts by: Alex Capozzolo

Yes you definitely want to contact a contractor to walk the property with you. He/She may do it for free, but it won't be as extensive compared to a paid inspection. Reach out to some of the local flippers in your area and ask if they recommend any local contractors! Good luck :)

Welcome @Scott Lanigan ! BP is filled with a plethora of relevant information and killer connections. You will learn a lot from this site, and it will help you reach those goals of yours for 2018! Good luck 

Joshua,

You came to the right place, BP is full of connections waiting to happen that will help you achieve any real estate goal you have in mind ! Keep at it and good things will come. Good luck :)

@Christian Drake you absolutely have come to the right place to find out how real estate works! I know this post is old, but I hope you have continued your curiosity and interest in real estate and met as many goals as possible ! If you have any questions about starting out PM me :)

Exactly where they are in the foreclosure process (how many days until the next deadline). 

How much they owe / are behind on. 

If they already have others / an agent working with them. 

How soon would they like to / would they be able to sell. 

What would they like you to do for them. 

I think these are all manageable from a VA standpoint with the right vetting, training, and setting of expectations. The 4 Hour Work Week has a section that takes a deep dive into vetting VA's to get the most bang for your buck, and also ensure productivity. Good Luck !

Biggest regret is not taking actionable steps in real estate sooner. I learned a ton for about a year, but have learned a plethora of information purely from experiences, trying and failing, and connecting with others in my local market

@Ike Igiebor check your local tax assessor sites in the counties you are searching in! They are usually free/open to the public. You can usually assume that someone an absentee owner or inheritance owner if the mailing address and physical address do not match or a property. This isn't true 100%, you will find businesses, and others who use p.o. boxes but it's a good start to get your feet wet at zero cost!

Double closing is an option for sure, but if your spread is <$10K the double closing costs will eat into your profits a bit. I'd call the top 25 local title companies to you and see if they can do a double close (most will say no or have no idea what you're talking about, don't get discouraged!) good luck :)

Gary Baker like many have said ^ above, it can be tough in places like California or DFW. Tough, but not impossible ! Just need to be a little creative!! Someone earlier mentioned off market deals, I would go with that route so that you can start finding deals below market value, and also consider a value add... not sure if you would be open to minor rehabs, but if you can buy an off market deal for a good discount, and then say add a wall and closet to turn a 1bdrm into a 2bdrm, you can add some serious rental boost to your property. Not easy but possible :) try to connect with someone who is already doing it, learn from them and also research zoning laws in your area. Good luck !!