All Forum Posts by: Mona Arthur

Nice Job!!

Wow, thanks for your post. Exactly what I needed this morning. Definitely going to follow your blueprint, just got started and also starting to realize the MLS will not cut it.

Congrats on your first deal.

Thanks for sharing, I was becoming very impatient with finding my first deal. Looked at around 15 potential properties. Attempted to make an offer on 3 but was too slow offers were made before me. Was feeling defeated and disappointed.  But you are absolutely right it does take time and I am not going to give up. Looking forward to my first deal or many and staying positive.

Thanks @Tom S.  I plan on rehabbing and will get estimates asap.

Hi Bigger Pockets Family,

I am new to bigger pockets and about to make an offer on my first deal. It is a 4 bedroom colonial with an asking price of 199,000, based on the comps in the area, I can potentially sell it for 310 t0 320. Renovation cost will be around 60,000. I live in the northeast and with the cold winters heating can be expensive, unfortunately, the house that I plan to flip has electric heating, I am wondering if it's worth the investment to change the heating system from electric to oil or gas. Will electric heating system drastically effect offers, my realtor says potential not, but I what do you think?