All Forum Posts by: Chad Seay

I am a Realtor (and investor) in Richmond and have 3 or 4 under contract in Eastern Henrico for an investor client of mine who will flip them. They were all purchased between $40,000 and $65,000. Will have ARV's of $120,000 to $140,000.

@Parker Stiles Yes. It is for my rental portfolio and I am only looking for one at this point. I am in Richmond, VA but would like to have one in that area. Open to the idea of more at a later date.

Thank you both SO much!

Any recommendations for a real estate agent who knows the North Charleston area and understands investments? Looking for a single family home. Up to $150,000. 

I am a Realtor and investor and wanted to share how an investor got his offer accepted on one of my listings this week. The listing was a fixer upper and attracted 7 offers quickly. All of the offers were "as is". All but one gave the buyer the right to inspect within a short period and back out if they were not satisfied with their findings. One investor crafted his offer in such a way that he did not have that right. His offer was "as is where is" with absolutely no inspection contingency. His offer, even though $7,000 below the highest offer, was accepted because of this. Risky? Perhaps. Effective? You bet. 

@Russ Scheider What neighborhoods do you think appear to be the "next" Park Circle Russ?

What neighborhoods do you think appear to be the "next" Park Circle Russ?

Thanks again Kevin. I will start watching those areas. 

Thanks Kevin! Not being in the area, turn key would be better. What area are you speaking of?

Thanks Russ! Not interested in the bottom of the available price range. Something that represents a step or two up from that and will positive cash flow with a 20% down payment and fits the above criteria. (And give me a rental to check on when I make trips to that area) Is there a zip code/ area that stands out as one I should watch?