All Forum Posts by: Andrew Syrios
Andrew Syrios has started 74 posts and replied 10136 times.
Post: Newcomer To Real Estate Investing - Intro Round 2

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Welcome to BiggerPockets Wes and good luck investing!
Post: Buy and Hold investment property

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Congrats Todd, well done!
Post: Why are some wholesalers one hit wonders?

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
From what I've seen with wholesalers, it's the Pareto's Principle on steroids. 20% (or less) get 80% of the deals. And 4% get 64% of the deals, if it's not more extreme.
The problem is that wholesaling is all about volume. Unless you get a really, really good deal, there's just not a huge amount of money in each deal. And there are a good amount of costs in marketing. Many think it's really easy money, but you have to do a lot of deals to make anything worth while. So I think a lot get disillusioned quickly and quit when they realize they aren't going to make tons of money quickly and it's actually a lot of hard work.
Post: Buy and Hold

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Congrats Kwame!
Post: Refinance of rental properties

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Biggest questions are what you plan to do with the money and what the interest rate is. With rates as high as they are now, the juice better be worth the squeeze. The fees look fairly standard from what I can see. Appraisals are particularly cheap as they were desktop appraisals, which is nice.
Post: Trying to sell my primary to house hack

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Is there any reason you want to sell your home with creative financing? Why not just list it?
Post: New to Investing

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Welcome to BP Payton and good luck investing!
Post: Hello BP. Long time lurker, first time poster

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Welcome aboard Brendan!
Post: Buy and Hold

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Congrats Clement!
Post: New to BP & Real Estate!

- Residential Real Estate Investor
- Kansas City, MO
- Posts 10,502
- Votes 5,099
Welcome to BiggerPockets Max!