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All Forum Posts by: Jonathan Taylor Smith

Jonathan Taylor Smith has started 31 posts and replied 690 times.

Post: Realtor, Investor, Entrepreneur. Distributor

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

Hello Tiffini,

I moved to Durham NC from Bradenton / St. Pete Florida for a job in 1996 - knowing absolutely no one and leaving my parents and siblings back in Tampa / Clearwater. It was scary, but I also count it as the best decision of my life! I meet amazing new friends including my wife of 15 years. I was not involved in real-estate back then, but I would consider a move now as an opportunity to expand my market reach. Nothing like living in a place to learn it well enough to be a knowledgeable and confident investor.

Post: relocation.

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

If it has already been extended from 20th to 25th then it would be unprofessional to ask for more. It is a tough position because ideally you would have set the rental start for after your new home closing. It would also be unprofessional to back out of the rental even if returning the deposit - but that is an option and you could always get a new tenant after the closing. I would honor my obligation to the tenant and stay with family until the new home closing, but I have family in many states with whom I'd be welcome. What is the cost of an extended stay hotel for the needed period of time? Anything on VRBO or AirBnB for a cheap off season 1 month home rental?

Post: New member from Raleigh, NC

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

Post: Renting to Section 8 Tenants

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

It would seem to me that Section 8 tenants have an extra incentive to remain in compliance with the lease terms if they want to continue getting the voucher - at least if the program is being run correctly in your area as mentioned by @Marcia Maynard

Post: Best Tenants are Drug Dealers

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

Post: Raleigh, NC Meetup

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

Is this meeting always on 3rd Thursday? That day and time conflicts with RTP REIA meeting.

Post: And so it sits..

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

Those FHA inspectors REALLY want to prove their value, don't they!?! A report that does not list a ton of faults certainly will not do.

Post: My own Agency, in association with a major Real Estate firm?

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

Thanks for the feedback! I did meet with a Keller Williams franchise owner and some statements seemed to suggest that I would be permitted to market under my own company name as long as the KW name, logo and colors were prominent; however there also seemed to be some uncertainty as to the exact rules and requirements / what's allowed / what's not. So I need to explore further into that conversation.

Post: My own Agency, in association with a major Real Estate firm?

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

I started my company to invest in Real Estate, but decided to get my North Carolina RE License to learn more about RE, to make property selection easier and to lower my acquisition / selling costs. But now that I have the license, I'm interested in actually being an agent...

My long-term goal would be to have my own RE Agency. But I'm curious if it is possible to sign on with a major firm under my company (instead of, or in addition to my personal) name so that I am building my own company brand from day one - before eventually going solo at some point in the future once I qualify for a firm license?

Post: Patience in finding the right property

Jonathan Taylor Smith
Posted
  • Rental Property Investor
  • Durham / Raleigh (Triangle), NC
  • Posts 737
  • Votes 698

Any interest in a Chapel Hill Duplex? Nice neighborhood and home, but expensive for that reason.