All Forum Posts by: Ramon Jenkins

I agree list on mls  "as-is ", cash only , allow maybe 1 week to submit best and final offers ( access to property would be need )

If not metromls :  post on Biggerpockets marketplace without the address 

Simply provide county , zip code, description of property , pics ( if possible ) , and etc

Disclosure : I'm a local realtor 

Welcome to biggerpockets

Good luck with your investing

Lou welcome to biggerpockets

I agree small town community

Resulting in limited options

Looks like a money...money...money pit

Less than 1% of me is considering Land contract ( lock up property , rent to own to a local handyman 

with 1 - 2 year option to purchase, after 2 year hopefully cash out original owner but again less 1 % ) 

Now if the property was locate in a bigger community : 

pick up ___ cheap , repair and be ready to weigh your options Brrrr or flip

" 10% fee on top of what the contractors are charging "

Heck, I now feel underpaid additional 10 %

Typically if me and investors on same page 

We would handle realtor portion, property management ( normal fees), oversee property renovations 

at no additional charge and reselling properties at profits when ready ( cashflows, resell nice profits ).

Suggestion

Pick your market

Locate a realtor

Property manager that works in everyone best interest

Once everything in place : simply keep rising funding for purchases, locating good cashflow opportunities 

and watching your numbers.

Good luck with investing

Congrats

yes, yes 

security deposit, first month rent and even try last month rent ( suggestion )

Make sure to provide yourself enough time for this potential deal

1. determine if varied : tenant(s) purchasing properties unknown issue

2. resell contract to an investor   ( owners occupied probably would need all cash )

3. Wholesaling time could become your enemy

4. From my past experiences suggest not marketing properties until under contract

I'm agent , fyi ( disclosure )

Good luck on this potential deal

I agree with Scott M

Please confirm that is a law in Maryland : tenants ___ how much timeframe to offer possibility of purchasing

Prequalify official letter : ? timeframe to show proof of funding

Suggest locking these properties under contracts as soon as possible

Welcome to BP