All Forum Posts by: Randy Sears

At what point in the process of buying a rental property is it best to ask for copies of leases from existing tenants, schedule a walkthrough of the units, etc. Is it best before you make an offer, or during your due diligence period? I know you can use contingencies to back out of the deal during due diligence, but I want to be able to minimize those on my offers as much as possible. Just interested to see how some of you with experience have learned to best go about this. Thanks in advance for you time a responses! Looking to purchase my first duplex soon!

Hey everyone! Would love some feedback on this report. Running numbers on every property brought to me for the practice and experience, but had forgotten about the ability to post the report itself for members to review. Would greatly appreciate any feedback or criticism. Thanks in advance!

-Randy Sears

View report

*This link comes directly from our calculators, based on information input by the member who posted.

@Rob Beeman Thank you, that advice was very helpful. I found a couple in the area I will reach out to in the following days. Wasn't aware of the benefits to this and the HUD website!

@Ben McCormack Sounds great. Look forward to getting together soon, let's make it happen!

@James Wilcox Thank you for the tip sir! Will definitely reach out to more of the agents in the area outside of the ones I know.

I am currently searching for a duplex to purchase in Bowling Green, KY.  At least a C+ neighborhood, 100k-180k price range. If anyone knows of anything available or coming available soon, I would be very interested to speak with you. Thanks in advance!

Hey everyone, I have a question that I would love some feedback on as me and my partner are looking to make our first deal happen. we are looking to use an FHA loan with three and a half percent down payment to purchase a duplex which we would house hack and rent out one side. The duplex currently has tenants in both units. What would you all recommend as the best solution for getting one tenant to move out so that we could move in and qualify for the FHA loan on the property? I will be consulting my real estate attorney for his advice, but I would love to hear feedback from our community. Look forward to reading the replies and thank you in advance for your time!

Thanks James! Just finished listening to your episode of the podcast, oddly enough of all the ones I'd listened to, I missed your until today. So many things about how I'm looking to get started align with your beginnings so it really helped to confirm some things for me. Appreciate you taking the time to reach out!

Thank you for welcoming me in @Allan Bishop Jr.! I haven't been able to find any real estate meetups in the Bowling Green area up to this point, but would be interested in meeting with with your group if possible. Definitely going to spend some time with the BP calculators each day, as I know being fluent with those will help tremendously in the near future. Appreciate you taking the time to each out sir!

I'm Randy Sears and I'm new to the BiggerPockets online community. I'm 30 years old with 9+ years of management experience in the grocery/customer service industry. My soon to be 9 year old daughter is my biggest WHY and the motivation behind everything I do. Since finally making the concrete decision to pursue real estate 5 months ago, I have listened to 21 BiggerPockets podcasts, have finished rich dad poor dad, rich dad's cash flow quadrant, how to win friends and influence people, flip your future, the book on tax strategies for the savvy real estate investor (BP), the book on flipping houses (BP), and I'm just getting started on the book on estimating rehab costs (BP). I am currently looking for my first deal and would like to find a strategic partner having the same immediate goals as myself. I am currently focused on single family home flips in Bowling Green Kentucky with an ARV in the 125k-200k range to create capital for longer term investment strategies in the future. I will look to invest in single family and multi family rental properties once I have gained the experience and capital needed. My ultimate goal is to help as many people as I can to create a better life through real estate by providing honesty, integrity, and value to everyone I come in contact with. l feel truly honored to have found BiggerPockets and a community where everyone is here to support and benefit each other. Please reach out any time! I look forward to speaking with you all!