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All Forum Posts by: Chibueze Nwadigo

Chibueze Nwadigo has started 10 posts and replied 26 times.

Post: How to contact property owners/heirs

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18
Quote from @Chris Seveney:

@Chibueze Nwadigo

There are many skiptracing sites that if you have their name then that could work. I would mail letters to the house as they also should get forwarded


Thank you.  I have mailed some letters with no call back I figured I would try calling them. directly. 

Post: How to contact property owners/heirs

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18

Hello BP fam, I would love any suggestions to good code calling  site to call up owners of some properties, There are a couple of uninhabited properties in my area and i trying to get in contact the owners/heirs to see if they want to sell. Thanks 

Post: CPA/Accountant needed Jacksonville, Gainesville Florida

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18

Hello BP fam, looking for a CPA that is well knowledge in real estate in Florida, Gainesville or Jacksonville. 

Post: looking for a 1/1 or studio pet friendly

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18

Hello BP, I am currently in search for a 1/1, studio or efficiency for my sister in these areas  La Mesa, CA or Santee CA.  Must be pet friendly.  Thank you 

Post: Looking for hard money lender

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18
Quote from @Jenn Barona:
Quote from @Chibueze Nwadigo:
Quote from @Eliott Elias:

Networking events is where you will find the bulk of hard and Private Money Lenders. 

Yes would love to get more information about meet up. Thank you soo much 

None in my area Gainesville, Florida 

 There are several hand money lenders in Gainesville,FL. Several of them show up to the meetup we have each month also. If you want to shoot me a message I can get you the contact info for some. 



Post: Looking for hard money lender

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18
Quote from @Shawn Krieger:

can you expand on the deal pls


 Purchase price: location Gainesville Florida 130-140K  3/2  (will rent unit rental rate at $1700/mo)

Arv based on comps 206K (just closed on a recent property in similar size that appraised for that amount)

Rehab estimate  20K (will fund this myself, new roof, and some cosmetic updates )

Exist: cash out refi with DSCR to pay hard money back, will leave money in the deal to cash flow

Post: Sneaky tenants caught on Airbnb

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18
Quote from @Chibueze Nwadigo:
Quote from @Chibueze Nwadigo:

Hello guys, so long story short, recently found out on Airbnb that my tenants listed my property on Airbnb which is a violation of the lease and could get evicted but I am thinking like a business man. My question is how do I go about getting some of the profits if they are booked or not. 


Decided to go with the eviction. Thanks for all you input appreciate it

Post: Sneaky tenants caught on Airbnb

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18
Quote from @Chibueze Nwadigo:

Hello guys, so long story short, recently found out on Airbnb that my tenants listed my property on Airbnb which is a violation of the lease and could get evicted but I am thinking like a business man. My question is how do I go about getting some of the profits if they are booked or not. 


Post: Sneaky tenants caught on Airbnb

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18
Quote from @Bill B.:

You're obviously sharing in the risk, why not the profit? Your insurance isn't going to cover the property since it's being used for STR not MTR and you know it. Can you imagine one underage drunk driver leaving your property? You can kiss that property goodbye. Heck, even just a fire while being used as STR probably isn't covered, and that's praying you just lose the house and nobody's hurt or killed. Hopefully you have an umbrella policy to protect the rest of your stuff.

I have all the systems and processes in place to better cover me if that happens. I have similar properties. 

Post: Looking for hard money lender

Chibueze Nwadigo
Posted
  • Rental Property Investor
  • Florida
  • Posts 26
  • Votes 18
Quote from @Eliott Elias:

Networking events is where you will find the bulk of hard and Private Money Lenders. 

None in my area Gainesville, Florida