All Forum Posts by: Jason Regan

@James Wise I am looking into some new markets to invest in.  What markets do you think is good to move into?

Thats in my town!  What street is it on.  I want to take a driveby

Welcome! I agree there is no need to get your license. If you need access to MLS just talk to about any realtor and they will give you access. I would advise finding one that knows about investing so they can set you up with "As Is" filters like I use. I have my license as I was a realtor first and that's a thriving business I don't want to stop.

Congrats Man!  Id love to give you any knowledge you need

MLSPIN is ugly but it works!

@Nik Corbaxhi Nice job on that return!  When I listen to the BP podcast they like to say that its never a good time to invest but its always a good time to invest.  I look at it this way;  In a higher market such as this you will have less casual investors your fighting.  As soon as the market falls to a market most consider the best time to invest (buy low) then the compeition will go way up!  

@hossam 

@Hossam Elaskalani shoot me a private message, we can link up and talk off the forum.  It will be easier

@Hossam Elaskalani

The Athol deal was on market. This is an area that is not saturated with investors so we were able to make an offer on MLS and gain the property. Between myself and the investor I work closest with we have bought 5 off of MLS over the past 12 months. Three of these were flips and Two BRRR(or close to).

The others we have found offline through marketing and networking with other investors.  Facebook networking is actually how I found the 2 family I spoke about.  

MLS is becoming very very hard to find deals on. I basically try to get in day 1 or wait till the listing is old and no one is paying attention to it anymore.

Boston actually surprised me on this list, but I'm glad to see it there.  I've checked into Memphis many times.  I want to develop a team down there so I can invest there.  If anyone is in the area id be glad to figure something out

I also agree that it is never a bad time to buy real estate. If the deal is there and it will cash flow within your parameters then why not buy it. If you wait till the "crash" then you are losing out on cash flow. For example if I can buy a home that will cash flow $8,000 a year now or wait 2 years to buy, I am missing out on $16,000 on cash flow and two years of appreciation in my mind. There is an argument saying that money will be tied up in this deal you could have used when the market drops sure, but who really knows when the drop will happen. Agents have been predicting a market "crash" for about 2 years now. I have COC return and Cap rate requirements on my buy. If a deal meets these then I am going to move forward.