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All Forum Posts by: Ralph Torres

Ralph Torres has started 2 posts and replied 3 times.

Post: Realtor bring tenants to you.

Ralph TorresPosted
  • Crofton, MD
  • Posts 3
  • Votes 0

Hello Bigger pockets,

I have a realtor that has presented me with some potential tenants for my property. They are asking for the 1st month's rent as compensation. I've never heard of anyone using a realtor to find a home for rent to be honest, but I was wondering is this a scam and if not is the 1st months rent an expected finders' fee? 

Post: Aspiring DC Metro Area investor

Ralph TorresPosted
  • Crofton, MD
  • Posts 3
  • Votes 0
Originally posted by @Aaron Cavazos:

Ralph,

Glad to hear you are making the jump into the DC market! Send any questions our way as there are quite a few of us on the board. Do you know what price points, neighborhoods, and rehab budgets would be ideal for you?

Hi Aaron, 

Morgan State, Coppin State, and John Hopkins regions. My current rental is near Coppin State University. Basically C and D class neighborhoods, Rehab budgets no more than 35k. Home ranges below 250k. 

Post: Aspiring DC Metro Area investor

Ralph TorresPosted
  • Crofton, MD
  • Posts 3
  • Votes 0

Hey BP,

I'm Ralph, a new investor in the DC metro area. I've been a fan of the podcast for about 3 years now, and passively reading the forums. I'm a long-term buy and hold investor, I currently own an SF rental in Baltimore, My goal is to own at least one rental property a year. I'm a big fan of the BRRR strategy. I look forward to meeting new people and hear new ideas.