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All Forum Posts by: Sky Mikesell

Sky Mikesell has started 19 posts and replied 193 times.

Post: New Real Estate Investor in Katy, TX

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

hello and welcome.  

katy area is very nice, seems like a great place to live.  i have several clients that own investment property there. 

welcome to bp

Post: Have you ever offered cash for keys while under contract?

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

done cash for keys many times... yes a few times when under contract. 

not sure they will be too inclined to chat with PD standing behind you :)   

there is no set amount to offer... my offers historically have been commensurate with the amount they were supposed to be paying per month with the thought process is that is the next price range they will be looking to rent in... 

if your nervous to go there alone go leave a bright neon green paper taped to the front door and briefly tell him who you are and that you want to give him money to get out. 

WHEN he is out then you give them the money.  (in small unmarked bills) (jk)

Post: What would you do ?

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

I would charge the neighbors.... you live in vegas... people there love paying for shows. :) 

Post: What real estate book/s have you read and would highly recommend?

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

Great reads for real estate books; 

John Schaub: Making it big on Little Deals

Non Real Estate:   Bob Proctor/ you were born rich  

Michael Gerber :  Emyth Revisited

Post: How do i start?

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

Yes you can start that young... no better time to start. I bought my first property when i was 19  earning $6.00 per hour as a plumbers laborer... 

get your credit established...  

surround yourself with the investor you want to be like... 

start learning the business... 

decide by what date you will have your first deal under your belt... (whatever that deal looks like) 

You can do it!    

good luck and take care,

sky mikesell , Charlotte, NC

Post: Rent to someone with an eviction - crazy?

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

I agree... if you dont have other options.. take big deposit. 

Honestly i have never evicted a tenant that had a double deposit on file. Once that big deposit goes in they are motivated to make it work and give proper notice if they are leaving.   

hi schelley

I have an excellent realtor who knows how to find the off market deals I have worked with for a few years and I would be happy to share his contact info with you. More then enough properties to go around for a of us :) 

Send me pm  take care and talk soon

Sky Mikesell 

Post: Tenant walked no notice - Texas

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

Stacy nice to meet you my name is sky Mikesell I am based in Charlotte nc

In most states this would simply be considered abandonment and there is no need to go thru the effort and expense of eviction for just formality purposes.

You have possession of the house back change locks fast so they can't move back in (which has happened to me after someone officially moved out) 

For proof of service since tenant did not leave forwarding address you are sti required to provide accounting of security deposit even if their text told you how to apply it. 

So tally up all the expenses apply the deposit to it. Then put that accounting and their balance due in the mail and mail it to the house they just moved out of (your property) 

In the past when judge has asked if I attempted to send the accounting to the tenant this has sufficed as I explained they left me no forwarding address but most people forward the mail with the postal service. 

Good luck and take care

Sky mikesell

Post: Need NC bank recommendation

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

Gina good to meet you my name is sky Mikesell and I am based in Charlotte

I work with a lender who will finance your buy and hold properties in the LLC ... Rates are NOT hard money rates but also not as favorable as you financing the property under you own ssn and then transferring to an LLC.

Send me pm and I'll be happy to make the introduction

Take care and  talk soon

Sky mikesell

Post: Hello from Portland, OR

Sky MikesellPosted
  • Principal
  • Charlotte, NC
  • Posts 200
  • Votes 89

Jeremiah great to meet you. 

Would be great to connect one of these days. I am in Portland a few times a year hitting all my favorite coffee shops i will look u up when j am there.