To date I have purchased two IP's with BAs.
The first turned out to have minimal CG and was not suitable for my intended purposes. Why? Because the BA sourced a property that was exactly what I asked for. The problem was I was an idiot and asked for the wrong property.
The second worked out much better because I was more educated, experienced and knowledgeable.
I will probably use a BA for my next IP which will in the $400-500k range because
-it will be a development site
-in an area I don't live in
-the BA will handle the negotations much better than I could
-they know market values better than I can even with loads of DD
-and more that I can't put into words right now (very late)
All this and more for $10k on a $400k plus property that be the basis of a $1 mill plus development is excellent value.
The first turned out to have minimal CG and was not suitable for my intended purposes. Why? Because the BA sourced a property that was exactly what I asked for. The problem was I was an idiot and asked for the wrong property.
The second worked out much better because I was more educated, experienced and knowledgeable.
I will probably use a BA for my next IP which will in the $400-500k range because
-it will be a development site
-in an area I don't live in
-the BA will handle the negotations much better than I could
-they know market values better than I can even with loads of DD
-and more that I can't put into words right now (very late)
All this and more for $10k on a $400k plus property that be the basis of a $1 mill plus development is excellent value.