All Forum Posts by: Account Closed

Hi everyone - What's the best way to find unlisted commercial properties? I am interested in expanding my portfolio and developing a commercial property. Would really love to find a building that I could turn into medical office suites. I know the best deals are the ones that haven't hit the market yet. I appreciate all your advice.

Hi all and welcome Nick!

I also live in WNY and began investing in RE about a year ago.  I own two college area rentals.  Itching for my next deal!  I may also attend the Thursday meeting.  I look forward to networking with all of you.

Have a great day!

Fellow landlords, do you use Quickbooks for bookkeeping purposes or is there another quality program out there that let's you track, record, maintain income and expenses related to your rentals?

Hi all -
I am looking to expand my portfolio of properties (currently own two multi-family rentals) and want to purchase and fixer. I’ve had my eye on a couple “up and coming” neighborhoods where I would love to invest. A colleague of mine and fellow investor told me I need to stop looking on the ML and start a direct mail campaign to try to grab something off the market. I like the sounds of a direct mail campaign but have no idea how to execute an effective mail campaign. Where do I start? What does my message say? Do I have the mail piece professionally put together or do I simply type up a letter to send out? Where do I go to get owner names and addresses? Any advice is greatly appreciated! Thank you in advance for your time.

NO I do not want to go to jail. I am a new investor so trying to educate myself about the various, creative financing options. If I can get a traditional mortgage through a bank why would I elect to have it seller financed? What are the benefits to the buyer?

I am considering purchasing a seller financed home and want to know what the benefits are to the buyer (me)? I can get traditional financing through a bank but was wondering if I go the "seller financed" route would that be more advantageous? Will this seller financed payment count as a debt if I apply for traditional financing in the future? Will it show up on my credit? Any insight you all can share is greatly appreciated.

Thank you everyone!  Looking forward to using all the great resources. 

Homes in this area are selling fairly quickly. Especially those in good condition (about a week on the market). A big residential and commerical project is going in across the street from this property (townhomes, fitness and wellness center, grocery store, etc) so investors are coming in a scooping up properties. Recent comps show updated homes selling for 100-150K. I like the idea of fixing and flipping quickly but I also wonder if we hang on to the property for a couple years and let the developments across the street get completed, if the property won't be worth the high 100s or even low 200s.

Hi all -
I am a rookie real estate investor who purcahsed her first two rentals this year. The rentals have been great and the cash flow is awesome. However, I REALLY want to get into fix and flips.
I've had my eye on an up and coming neighborhood for some time and a SF just popped up for sale last week. I have $50K cash available. The asking price is $49K (the house beside this one sold for $133K in 2009 so I think this could be a good buy). I can manage the purchase on my own (as long as I don't get out bid by another investor) but don't know where I will come up with the money to do all the fixes needed (the most pressing is it needs a new roof). It is habitable so I could rent for the short term to give me the opportunity to save up some cash to afford the repairs. Any other suggestions? I am new to all of this so I am unfamiliar with the other financing options out there. Let me know your thoughts. Thank you in advance.

Hi everyone! I am a new member on BiggerPockets and I am eager and excited to begin immersing myself in all things real estate. My family owned various rental properties as I grew up so I had first hand experience with some of the highs and lows of real estate investing from an early age. I got my "official" start in the market just this year when I purchased my first two rentals. I have known for quite some time that I wanted to become an investor but had to first build up the funds and courage to enter the market. I did get my real estate license about a year ago in an attempt to begin my education in real estate and investing. I do have a full time job working as a Sales Consultant in good ol' corporate America but look forward to the day that I can hang up my "9-5 corporate hat" and focus on real estate investing full time. I hope to get into a fix and flip in the near future so any advice in that arena is greatly appreciated! Thank you in advance for you time and shared knowledge!