Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
×
Try Pro Features for Free
Start your 7 day free trial. Pick markets, find deals, analyze and manage properties.
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Matthew Daniel Langner

Matthew Daniel Langner has started 2 posts and replied 6 times.

Post: I've found THE deal. What next?

Matthew Daniel LangnerPosted
  • New to Real Estate
  • South Africa
  • Posts 6
  • Votes 1

Thank you for taking the time to reply, Yoni.

This definitely gives me a bit more of a direction.

Post: I've found THE deal. What next?

Matthew Daniel LangnerPosted
  • New to Real Estate
  • South Africa
  • Posts 6
  • Votes 1

I have been searching for properties in my area for a while now and I have finally found a property that seems to be a great deal! 

After speaking to the agent and running the numbers, I got this: 16% cash on cash ROI and $224 monthly cash flow. This beats my goal of 10% ROI and $100 cash flow.

What's next in the process for me? What do I need to do going forward in order to close this deal? 

Since I do not have the full amount for the downpayment, what would the best way be to present the deal to someone? What are the best practices?

I am looking forward to hearing what everyone has to say, thank you!

Post: What is (or was) your biggest challenge when investing in RE?

Matthew Daniel LangnerPosted
  • New to Real Estate
  • South Africa
  • Posts 6
  • Votes 1

I'll be sure not to make that mistake, thank you for the reply!

Post: What is (or was) your biggest challenge when investing in RE?

Matthew Daniel LangnerPosted
  • New to Real Estate
  • South Africa
  • Posts 6
  • Votes 1

I am starting to see a common theme, being fear, for first time investors. Personally, I am currently struggling to find the deals themselves and getting a funnel of deals coming my way.

Post: What is (or was) your biggest challenge when investing in RE?

Matthew Daniel LangnerPosted
  • New to Real Estate
  • South Africa
  • Posts 6
  • Votes 1

I appreciate the insights and advice. Thank you everyone for taking the time to reply!

Post: What is (or was) your biggest challenge when investing in RE?

Matthew Daniel LangnerPosted
  • New to Real Estate
  • South Africa
  • Posts 6
  • Votes 1

As the saying goes: smart people learn from their mistakes, wise people learn from other's mistakes. 

I'd love to hear some of the challenges and hardships people face (or have faced) when investing in real estate.

I'm looking forward to what everyone has to say!