All Forum Posts by: Lara Pfeffer

Follow-up question about the Rental Property Calculators. I'm entering the TOTAL BR/BA of a duplex (2 br, 1ba + 1br, 1ba = 3br 2ba in the whole property) for the Rent Estimate & Rental Property Tools. It's giving me a rent income, but I don't know if that's PER UNIT, or the WHOLE property?  Help is appreciated. Thanks 

 Thanks Rick!

THANK YOU!Update: Got great advice today from a REIA WI investor. Very helpful, got brave & called seller today. She accepted another bid :( I offered to submit a 2nd Offer as a backup for them so we're 2nd in line if that falls thru. She's calling me tonight w/answer on that. Thankful that she's very cordial to me, she doesn't know it's my first time ever lol! Kerry, any meetups in between you & me? You're a 3-4 hour drive from me. :)

 Thank you Kerry, I actually got super brave & approached the daughter loading up her car. She showed me the house, and I made a verbal offer & suggested we get an offer to purchase to them & bring a contractor back with us to advise on what's need & how much $$. I am SO proud of myself and my guy Fred will be too!! I'm not shy at all, but that made me sweat a minute there. Eek!

Hi Maggie, I was looking for the same advice today! Mine is a postcard size, but I can see writing a letter too. I'm shocked you didn't get any advice. I think your letter is top-notch! Keep in mind though, A creative finance guy on YT told us to always make sure to HAND-write the postcard or letter. That's a lot to hand write. Since you posted this, let me know what you settled on for doing this?  Let's help each other, I'm in MKE WI suburbs & my guy and I are very new too! I'm nervous as today's my first soft lead door knock on a property that is an estate (daughter is cleaning out Mom's house, a friend of ours is their handyman as they prep to sell). I'm scared but we're going for it! I could (almost) sell ice to an eskimo so I just need to GO FOR IT (!!)

Soft lead (friend of mine is their handyman) on house in Class A MKE suburb. Flip is only way the cash on cash/flow works. How to phrase my note to them today? "Hi ______, my hubby & have been friends with "___" (great guy!!) for 10 years now. My condolensces for your loss. He mentioned that you may be interesting in selling your Mom's home.  We have been looking for a house in this area for awhile!  (we're currently in "G______" area. Here's my # why don't you give me a call, we're very interested & can close quickly, no real estate agents fees which will save your family a lot. Looking forward to talking with you soon! Thank you, Lara & Fred :)

 Hi! I'm very new also, but before I went "pro" here, I spent many hours listening to BP podcasts & you tubes. In search box of the Bigger Pockets channel, enter "new investor" or subject you specifically want to learn, on your podcast or you tube platform (I have Spotify & have a FREE You Tube account). Good luck (we make our own luck, go for it!!)

Looking forward to meeting you! We are newbies to RE Investing, looking forward to networking and learning with you all!