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All Forum Posts by: Vincent Crane

Vincent Crane has started 94 posts and replied 671 times.

Post: My Very First Deal (4 Years Ago)

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

That is fantastic!

Post: When to buy Multi-family?

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

The cheapest day of the year to buy a property is October 9th, on average you get a 15% discount.

Post: austin area rental market?

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

You're going to be buying at the most expensive time in the history of Austin

Post: Homeowner Associations - Why Buy There

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

It's definitely better to not get involved with them at all... They have rules and regulations and fees that you'll have to deal with. Why do that when there are so many SFR's out there?

Post: Repairs added into closing costs paid by buyer

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

They could just discount the repairs from your purchase price

Post: My first buy and hold

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

Those HOA fees are brutal...

Post: Practice Analyzing a Deal

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

You want to learn the terminology first. Go to the Education Tab, and search for articles/posts on analyzing deals. There's some that walk you through every single step.

Post: 0 to 30 units?

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

In order to do that you'll have to build a network and use other peoples money to fund the deals. To get that funding, you'll need to prove 1-2 deals on your own and then show you can identify undervalued deals and split them 50/50 or 60/40

Post: Mysterious Squatter/distressed property, A+ n'hood, what to do?

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

I hate that squatters do what they do. It's not fair that they can do that in a house that someone else owns, yet if you try and stay at a business or restaurant after it closes, you'd get arrested because you're not supposed to be there. It should be the same. I really feel for people who have to deal with that and hope I don't one day end up having to face that situation myself.

Post: Best way to use 5-10k to get started in real estate?

Vincent Crane
Posted
  • Realtor
  • Atlanta, GA
  • Posts 693
  • Votes 357

Well if you're in NYC.... that's not going to get you far at all. Wholesaling is the most realistic