All Forum Posts by: Lamarr Baxter

Hello Steve,

We received an offer on the subject property last night. Therefore, it's no longer available. However, below are the answers to your inquiries:

Who is the property management company? Home Union

How much are the management fees? Home Union charges 1.5% of the acquisition price for the first year of property management. After the first year, the fee is indexed with rent on a percentage change basis. There is a $100/month minimum for property management

whats the remaining time on the lease? 8 months How long have the tenants been in the property? 2 years

What are the taxes? Taxes are just over $1600/year

What's the COC? The COC is 10%

Do you own this property? No, the property is owned by my client, an individual represented by Business Partner (Home Union) in which AIC, LLC is under contract as a Referral Partner 

How old is the roof? Info provided once under contract

How old are the mechanicals? Furnace, Water Heater, etc... Info provided once under contract

If you are interested in another property similar to this property, please provide me with a list of your criteria and I will conduct via my business partners selling properties. If you have any questions, please call me at (916) 708-0235 or email me at [email protected]

• Financing Available or use your own lender
•  Existing tenant
• Purchase with Self-Directed Retirement Plans
• Financing Available for Self-Directed Retirement plan purchases

Photos & other details:

https://investor.homeunion.com/index.html#propertydetail/361ad9aa-cc5e-4ccd-bb11-4f2be13d18f6/20/9d4442a6b266973c3a1de68a3cd3b1e6435f017f09f65bcb30cc2f31f3eb3694

• Financing Available or use your own lender
• Purchase with Self-Directed Retirement Plans
• Financing Available for Self-Directed Retirement plan purchases

Photos & other details:

https://investor.homeunion.com/index.html#propertydetail/d7467a44-3512-44fe-88f2-d137965efe51/20/9d4442a6b266973c3a1de68a3cd3b1e6435f017f09f65bcb30cc2f31f3eb3694

       (Turn-Key Investment Property)

• Financing Available or use your own lender
• Purchase with Self-Directed Retirement Plans
• Financing Available for Self-Directed Retirement plan purchases
• Property Management

For more details please contact me at (916) 426-7577 or [email protected]

Hello Soji, I look forward to receiving info needed to market your property to my database of investors:-)

David, You are so correct and these abuses are turning off some investors. On the other hand investors should seek adequate education and consider partnering with experienced investors before going out on their own.

Dear Bigger Pockets Members,

I would like to promote your investment properties to my database of $25K+ investors and other financial professionals. These investors will be using private capital and/or Self-Directed IRA funds to acquire these properties. I am a CA licensed real estate professional and would be seeking a share of the commission on each transaction my clients invest or a referral fee. In addition, I am an authorized agent with IRA Services Trust company and will be using them as the custodian when my clients are using Self-Directed retirement funds to acquire properties. I will actively and agressively promote these investment opportunities on my website, social media and other investor platforms. If your organization is interested in working with me and my organization, please contact me.