All Forum Posts by: Atchut Neelam

Building permit lists are public records that document permits issued by local government authorities for construction, renovation, or demolition projects. These lists include details like the type of permit, property address, project scope, and sometimes the owner or contractor's contact information.

How Real Estate Investors Can Use Building Permit Lists:

1. Identify Potential Sellers: Investors can track permits for major renovations or additions. Homeowners investing in large-scale projects might be preparing their properties for sale, making them potential leads for off-market deals.
2. Spot Investment Opportunities: Investors can use building permit data to locate properties undergoing significant upgrades, especially in up-and-coming neighborhoods. This could signal rising property values or gentrification, making it a prime area for investment.
3. Find Distressed Properties: Permits for repairs or code violations can signal properties needing significant work. These distressed properties may present opportunities for investors looking for value-add projects.
4. Evaluate Neighborhood Growth: By analyzing permit activity, investors can identify areas with high construction or renovation activity. High levels of permits may indicate neighborhood growth and increased demand, offering clues for future investments.
5. Connect with Contractors: Building permit lists often include contractor details. Investors can use this information to build a network of reliable contractors, helping them with future renovation or construction projects.

Building permit lists offer valuable insights for real estate investors looking to uncover hidden opportunities and gain a competitive edge.

If a LLC is formed by multiple owners, does hard money lenders or lenders accept, one or more partners signing the documents on behalf of the LLC or should all partners sign the loan documents ? Thanks in Advance

its a loss to real estate investing community. 

What adjustment have you made to your real estate investing approach after the recent outbreak of Coronovirus to sustain /grow ?

@Kris Russell making a list of cash buyers in the last 12 months may help. This list can be obtained from list broker or one can make a list them self searching public records records at the county clerk website.

@Dan Schweit

I would make a list of motivated sellers and run the numbers based on my investment criteria. These properties can be anywhere, as long as they provide positive cash flow. location does not really matter. There are tons of properties which provide good returns and many more which are not worth the time spent. Analysis is the key. Analysis of 100 listed properties are available only a handful of them provide good returns.

@Jay Hinrichs I cannot agree more with you Jay. It’s a long waiting game. Cash is better than a judgments waiting to be collected. Usually trades for 10-20% of value or 50%-50% on the amount collected. However, if the debtor owns real estate it less risky and more certain. In your case, tenant may not own real estate. I would Sell it if one is willing to pay cash for a judgment

@Eugene Dean Eugene it’s not easy as it sounds. Submitted a judgments where debtors own real estate to some collection agencies after researching at county clerk office and other sources. The success rate is limited. It’s waiting game and lot depends on how good once can research and cherry pick collectible judgments.

@Evan Manship title companies can help you with judgment and lien research.

@Kevin C. Another way is to search for small claims court filing. I usually find success there.

Message me personally I may be able to help.