All Forum Posts by: Ian Hoover

Actually @Jay Hinrichs I don't do wholesale deals, when I say I am going to buy a property for cash and as is I buy it myself. However being an agent I know the process in doing a wholesale deal and if @Jacob Howell does not have the funds to close on the property (because nothing is free) then he will need those out clauses if he can't line up a buyer for the property or line up private or hard money financing himself.

The problem with this transaction is Jacob does not know how much the guy owes in back taxes and if there are any other liens on the property so it will be tough for him to know if it is a good deal or not until he gets the title work done.

I hope this gives you some clarification, I do agree that I am not a fan of the "weasel" ways of wholesalers but I know a bunch of wholesalers and only a few of them are weasels lol. 

Hi Ariel,

What type of investment are you looking to get into? I specialize in buy and hold investing, if that is what your looking to do we should connect sometime this week.

If you are investing in something different then I might be able to help you but if not I can probably refer you to someone who can.

Either way I am happy to help.

@Joe Levdansky Welcome to BP!

You have to start somewhere to get your foot in the door, sounds like you have a game plan all mapped out. I would like @Raphaele Borie said check out some off the local investor clubs around the city like REIA or ACRE. @Jerry Kisasonak runs a club in the east as well.

Our team runs a small get together the 2nd Saturday of every month at our office in Heidelberg, you can look it up on meetup.

Good luck! Let me know if you need anything.

@Hermie Gonzalez

I wasn't trying to start an argument just felt it should be posted in a different section or at the very least without a disclaimer. My apologies. But I have had quite a few people trying to pitch me pre-paid legal so I do think advertisement whenever I see anything with them involved.

@J Scott LOL that is funny

Hi @Kirby Elliott welcome to BP!

Pittsburgh is a great area for buy and hold, if you would like to learn more about purchasing buy and hold properties in Pittsburgh I would love to chat with you sometime.

I am a full time Realtor and I invest in my free time.

Good luck!

@Hermie Gonzalez This should have been posted in the market place, honestly BP has been great for my business and I have met a bunch off wonderful people on here.

Instead of spamming the forums you should try to learn something and/or try to get involved and meet new people, that will have a better impact on your business then spamming the forums trying to promote pre-paid legal. My honest opinion is you get what you pay for and I pay good money for my attorney and my CPA.

Good luck!

@Jacob Howell sounds like a solid deal depending on how much work needs done to the property.

First go see the property, get a rehab budget put together because it may or may not be worth the money.

2nd thing you would need to do is get it under contract, after that you would start title on it and the title company will tell you how many liens and judgements are on the property.

Make sure you have multiple outs in your contract (IE Inspection, Title), don't put a ton of hand money down either because there is a good chance you will lose it.

Once you have it under contract and know how much you will need to close then you can start looking for buyers or buy it your self (I always recommend this option if you can).

Good luck and feel free to reach out if you have any questions for me.

Welcome to BP! Pittsburgh is a great market for buy & hold investments, feel free to reach out to me if you would like to chat more about the local market. I am a ful time Realtor that focuses on investment property, I also invest on the side.

Talk to you soon.

Hi Kristin,

Welcome to BP! It is a great resource for all investors, feel free to reach out to me if you need anything we are basically neighbors. I am a full time Realtor who focuses on investors in the area, I also invest in property myself.

@Michael Wolffs

If you would like to learn more about the Pittsburgh area I would love to have a call with you, the area has a ton to offer for buy and hold investors and seems to be becoming the east coast tech hub for companies like google.

Shoot me an email [email protected] and we can schedule a call.

Talk to you soon.