All Forum Posts by: Michael Via

@Tre Holland Thanks!

@Aaron K. Thank you for the reply. I understand what you mean. In my mind, there are a couple different paths here. One being the handyman/photography approach. And, the other being handyman/photographer plus adding some rehab in, if they can afford it, and then getting a reappraisal.

With the first approach, let's say the owner is selling for 100k because they think that's all they can get, but then someone comes in and offers to visually/cosmetically get the property in order and put it back on the market for even $5k or $10k more, then take some cut of the additional profit.

The second approach is the same as the first except the owners also have some money to put into rehabbing certain portions of the house that need it and then getting a reappraisal.

Forgive my newbie mentality, but, like I said, I'm thinking creatively. :)

Hi! Just wanted to share this with all the newbies. I didn't find this through the BP site directly, but through a google search. I'm not sure how to navigate to it on the site yet. But, this is a great reference if you're totally new.

https://www.biggerpockets.com/rei/real-estate-abbreviations/

Hi! I've been considering getting into REI for a long time and just made the dive into educating myself this week. Anyway... I've been brainstorming about creative ways to build starting capital to use for investments. One idea I had focuses on assisting owner sellers with selling their houses for more than they are asking. I constantly see houses for sale where every aspect of the listing looks like crap... the listing, the pictures, the condition of the property and even inside the house. What is this type of service called? It would essentially be similar to rehab, but without having to buy the house. Instead, you're assisting the seller with selling their house the proper way, getting more money out of it, and splitting the profits.

Thoughts on this?

Thanks! :)

Thank you, @Marlon Fong!

Hey, everyone! I have no money and I’m going to spend the next 6 months to a year on educating myself. I’m thinking of starting with reselling land and then work on something that has regular returns.

God speed!

Thank you!