All Forum Posts by: Dan Weber

5/19 at 5:30 p.m.

Hey everyone, we're going to head back to Bunker Brewing again this month! They have tons of outdoor space/seating/parking and it worked out great last month. Like always, masks are encouraged - everyone's done a great job with that! 

I'm looking forward to seeing everyone!

Maine, Portland, Biddeford, Saco, Westbrook, New England, Brunswick, Midcoast

Is this for a listed property on the MLS or for something off-market that you are the only one with access to? If it is for something on the market, keep in mind that the seller will have the power at this point in the negotiation as they could have anywhere from 10-20 offers sitting in front of them. Come in with your highest and best within your investment parameters. There are other little negotiation strategies that you can implement but it really varies from transaction to transaction and how to best approach that particular property, seller and situation.

Hey David, like I mentioned in the messages, the link for the meetup is here: https://www.biggerpockets.com/...

Hope that helps!! I try to set them up about 3 weeks ahead of time to get everyone plenty of time to make their schedules work. Keep an eye on that events tab that @Ken P. mentioned. That's where you'll find the link for May, etc... Cheers!

@Carl Hebert awesome deal!!

@Jane Johanson shoot me a pm, I have a great lender that could be a good fit for this.

@Ben Scipione we switch up the location every month and this month is at Bunker Brewing on Wednesday 4/21! 

Hi everyone, this month's meetup is going to be at Bunker Brewing in Portland. If you've never been there, make sure you drive around to the back of the building, that is where the brewery is. There should be plenty of parking! Once again, the seating is located outdoors and everyone has been great about being respectful with masks so let's keep up the good work on that! I'm looking forward to seeing everyone!

Maine, Portland, Biddeford, Saco, Westbrook, New England, Brunswick, Midcoast

I would check Craigslist and Facebook Marketplace and see what others are advertising for rents for similar types of spaces. Many people go to those platforms to search for roommates.

@Maria Teo most of the multis that hit the market in my area are severely under market rent. I typically run the numbers at where they will be after I purchase the building and stabilize it, bringing the rents up to current market value. Figure out what your end goal is, how much money it will take you to get it there and how much time it will take. I don’t want to lose money in the mean time but I am buying the property as an underutilized asset and executing my strategy to add value and raise rents.