All Forum Posts by: Daniel Morgan

Congrats on your 1st deal!!! its funny how life positions itself to work out in our favor at the end of the day.  Good luck on your future endeavors. 

Welcome to BP fam!!! 

Wow what great points everyone has made!! If this was my potential deal and being a newbie honestly i would just wholesale the deal and keep it moving. If the numbers are right as far as comps/arv ect... Then theres a nice profit to just wholesale the deal and move on. U can take ur profits and build apon your REI buissiness by marketing more, partnering up with another investor, or even save more capital to purchase a solid buy and hold on your own, theres a boat load of possibilities out ther. But i wouldnt try to get rich off of one deal or try to complicate things with your 1st deal. Theres to mAny great deals out there to bank on one.

I hope all goes well in this deal for you and all your future endeavor.

Welcome Alec!Glad to see your taking the 1st steps toward achieving your REI goals by putting yourself out there. Setting up a REIA in the Western MA area would be a great thing. Would love t help i any way. Lets connect!!!!

 Yes Manny is absolutely correct, you want the seller to trust you to take away her problem. From the sounds of it you have her right in your playing field, just run your numbers correctly and make sure you account for the repairs and make a offer. If she really wants the headache gone she will agree.

Good Luck!!!!

Wow thanx everyone for your  great feedback. I see it all comes down to being professional and finding the right deals. Thank you all for your time and wisdom. 

Great News Josh!! 

Any plans on updating the mobile BP app?

Whats the best way for a newbie with no experience in REI to approach a private lender to partner up on deals? What makes a private lender want to even work you if your a newbie? wouldn't they want someone with at least some experience?

Hello BP Fam and Happy New Year to all!

Has anyone tested if theres a big difference in hand written yellow letters/postcards than typed yellow letters/postcards if they both say the same thing? does one get more responds? 

just very curious

thanx

Wow so many great post on this article!

I also recommend the allure vinyl for rentals. i live in new England and it can get really cold in the winter months so its pretty norm for bedrooms to have carpet especially in rentals. My rental (duplex) has a commercial grade/kid friendly berber carpets in bedrooms/stairs, and the allure vinyl in the living area/kitchen. Very durable and long lasting, couldn't be anymore happier!