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All Forum Posts by: Lisa Ross

Lisa Ross has started 1 posts and replied 17 times.

Real Estate Deal Analysis & Advice

Post: My first real estate investment!

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5

@Tony Lipari

 It's sounds OK to me! Congrats and good luck!

0 Votes
Questions About BiggerPockets & Official Site Announcements

Post: What are some examples of "problem properties" you would never want to buy?

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5
Originally posted by @Bill Gulley:

There aren't many property conditions that can not be cured, if you have enough money to cure the problem. What you won't be buying is a property held by an owner with a revisionary deed that after a period of time or upon death reverts back to the grantor, or a restricted deed that may revert back upon some future occurrence. Such are not marketable.

Contaminated properties are high on the list to stay away from, environmental issues can be very expensive to clean up. 

 I agree with you entirely!

0 Votes
Real Estate Deal Analysis & Advice

Post: You Never Forget Your First

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5

@Alton Williams I really enjoyed this! 

0 Votes
New Member Introductions

Post: partner

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5

You have to research the topic before you get into this business! Flipping houses can be dangerous, you may get to serious money. You need a great real estate partner! Good luck!

Maybe this will help you: Newbie mistakes in real estate

1 Vote
Real Estate Deal Analysis & Advice

Post: Just Bought My First!

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5

Congrats! It sounds like a good one! We want to know more... :) Share some photos with us!

0 Votes
New Member Introductions

Post: Newbie From Kansas City, MO

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5

Welcome! You'll find plenty of useful here! 

0 Votes
Starting Out

Post: I'm just beginning in the real estate business.

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5
  • See real estate as a business and try to detach yourself
  • Research the market and see which are the best areas for you
  • Find a good Realtor to help you locate good properties

and one of the most important ones - as your grandmother said - 

  • Learn from the best! 
0 Votes
Buying & Selling Real Estate

Post: What do you look for in a rental property?

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5

@Jason Tham, yup you're right! I've heard of that too!

0 Votes
Buying & Selling Real Estate

Post: What do you look for in a rental property?

Lisa RossPosted
  • Chicago , IL
  • Posts 18
  • Votes 5

Other points to consider:

1. Noise - be quiet to see the noise that you'll have to face up with from now on

2. Fire. Are there any smoke detectors? Fire extinguishers? A building-wide fire alarm? It may be helpful someday

3. Appliances - Do they actually work?

0 Votes