Great advice guy. I’m currently being offered a portfolio of 25 units including blocks of apartments from a distressed seller. So it’s a good insight into how to structure my offer
If y’all could do a video about wholesaling a portfolio I feel it’ll blow up. There are no videos out there about this and I see wholesalers everywhere asking about it
One of these portfolios just came my way and this appears to be the only video I can find on the topic. Any other resources you think would be helpful on buying single family portfolios?
Well I'm glad we're offering something no else is. I wrote a piece on portfolios too you might find helpful: www.biggerpockets.com/blog/introduction-buying-multiple-property-portfolios I also wrote breakdowns of portfolio purchases we've made which also might be good to look at: www.biggerpockets.com/blog/2015-10-15-purchased-97-properties www.biggerpockets.com/blog/purchased-portfolio-41-properties www.biggerpockets.com/blog/purchased-package-17-condos www.biggerpockets.com/blog/purchase-property-portfolio I hope that helps!
Thanks a ton! I'm a big fan I have an important question Would showing 250k income instead of 50k help me at all in the brrrr method? I guess it would just allow me to make a really big mortgage and not really help brrrr at all
Zestimate? Dude that's some rookie stuff. You buy them based on the current rents. When they turn over, you invest in the rehab and raise them to market rent. This is you adding value to a property that you purchased under value. You have to think long term. You aren't going to rehab all of them at the same time. Some you may sell if they are dogs and others you will want to hold. 92% of market value is not a good deal in my opinion, unless the seller is willing to finance with favorable terms.
Great advice guy. I’m currently being offered a portfolio of 25 units including blocks of apartments from a distressed seller. So it’s a good insight into how to structure my offer
hey guys these are big gems and real genuine info thanks guys, your going to be bigger then you ever thought you could be.
Thanks Pierre!
If y’all could do a video about wholesaling a portfolio I feel it’ll blow up. There are no videos out there about this and I see wholesalers everywhere asking about it
thanks for sharing your knowledge.
Sure thing, thank you Kim!
Was really looking for how to buy portfolio of houses that banks own. Any suggestions?
One of these portfolios just came my way and this appears to be the only video I can find on the topic.
Any other resources you think would be helpful on buying single family portfolios?
Well I'm glad we're offering something no else is. I wrote a piece on portfolios too you might find helpful: www.biggerpockets.com/blog/introduction-buying-multiple-property-portfolios
I also wrote breakdowns of portfolio purchases we've made which also might be good to look at:
www.biggerpockets.com/blog/2015-10-15-purchased-97-properties
www.biggerpockets.com/blog/purchased-portfolio-41-properties
www.biggerpockets.com/blog/purchased-package-17-condos
www.biggerpockets.com/blog/purchase-property-portfolio
I hope that helps!
Yep still only a few videos over buying portfolios.. I’m sure the IG gurus will pick up on this next lol and commercial buildings .
I have a portfolio I'm about to buy would you like to see A PDF of the data And let me know what you think
Feel free to email it to me, Andrew@stewardship.net. I'm not sure how quickly I can get to it but I will try to give you some feedback.
Thanks a ton! I'm a big fan
I have an important question
Would showing 250k income instead of 50k help me at all in the brrrr method? I guess it would just allow me to make a really big mortgage and not really help brrrr at all
Zestimate? Dude that's some rookie stuff. You buy them based on the current rents. When they turn over, you invest in the rehab and raise them to market rent. This is you adding value to a property that you purchased under value. You have to think long term. You aren't going to rehab all of them at the same time. Some you may sell if they are dogs and others you will want to hold. 92% of market value is not a good deal in my opinion, unless the seller is willing to finance with favorable terms.
Ummm, did you even watch the video? I explicitly say you should not rely only on zestimates in your final valuation.