All Forum Posts by: Jay Dewberry

@Phillip SyriosI have seen these anywhere from $$189 to $1400. Unfortunately, my only experience with them has been a few walk through units and asking about them as they were rather unique. Hopefully you can get an alternative design with a similar concept to fit your needs. But if worst gets to worst...let the current door stand. It may be a slight inconvenience, but the benefits may outweigh it for the tenant. Just thoughts.

Collapsible doors is the first thing to come to mind. It's all about the Butterfly doors fella...lol. Hope this helps:

There are other similar options as well.

This may be a silly question but...have you gotten the seller under a contract yet? It sounds like he/she is very motivated. What is the sellers reason for selling so fast? Divorce? Pre foreclosure? War Zone? Have your run all the numbers to make sure its a deal? If there are some concerns with credit score, perhaps print out an analysis report on the BP Calculators and take it to the banks so the loan officer can see how professional and serious your are. That may be a deciding factor. If not, find some private lenders in your area...or area REIA meetings. JV a deal if needed. Just some thoughts. Good Luck!

Well...I'm far from a pro, but from what I've done and researched is what you said and more. Market Analysis is the life blood of any investor.  I'm not sure if I'd focus on median sale price though. It's an indicator, but sale comps will provide a better idea of market trends. I would also say it depends on your investing strategies too. Analyzing for a wholesale deal would differ some from analyzing a buy/hold deal. Take a look at the . They are (in my opinion) the best and most detailed that I've seen.

Hi Leslie. Welcome aboard and thank you and your husband for your dedication and service to our country. You have reached in BiggerPockets, what most would say, is the best forum in the world dedicated to real estate investment.

What many do when first starting out locating buyers is to combine networking strategies. Attend local REIA meetings, utilize BP's search platform to find people near you, befriend an "investor friendly" real estate agent…many times they can pull local sale comparables to locate active buyers. Search on BP for "Buyers Lists"… is a good post on the subject. Also, check out the .  No matter which path you take…keep going and don’t give up. Good Luck!

Just a thought. Have you checked on places like for QuickBooks solutions? Not sure I would give out my banking info though, but perhaps there are other tasks that you'll need done. Perhaps paying a local bookkeeper or CPA. Lastly, I'm sure there are some reputable Virtual Assistants out there that perhaps have some knowledge of investing.

Investor friendly RE agents tend to have an understanding of purchasing properties from an investor's point of view/strategy. They understand in many cases that there may be many offers submitted below market value, versus an agent that will look at you weird for offering 50-65% of market. Also he/she can pull comps and look out for buying/selling trends in various zip codes and connect you with other sellers/buyers in the area that may be interested in future deals. Not a bad way to get a few motivated buyers/sellers under your belt.

Lastly, there are definitely many investor friendly agents here on BP. If not, it wouldn't hurt to network at local REIA meetings, and/or call up some local agencies and ask for agents that specialize in working with investors.

Hmmm...In my opinion, I think it would be rather difficult to determine if its a deal without knowing other factors. What are the acquisition costs, taxes, sale comps, market rents comps, rehab estimates, ect.? This would definitely be a candidate for the BP Analysis Calculators.

My initial thoughts are it would depend on your agreement with the Property Management company. From my understanding, it's common for PM's to take a percentage and up to all if they spend time and resources pursuing funds to give to owners. At the same time, I can understand the owners point of view as it's inconveniencing especially if you have a monthly loan to pay back. Check for any state housing/landlord laws (if applicable). Consult an attorney to see if there are any violations.

Hi @Kalimah Jenkins. Just a quick thought. It couldn't hurt to get a few different estimates from contractors. Not to necessarily have a full rehab done, but perhaps to pick their brain about roofing/decking options. After getting an idea from several professional sources, perhaps that would give you a better idea of where to go next...and on top of it, you'll have an idea of what it would cost as well. Win-Win.