All Forum Posts by: Clark Henderson

Hi!

I am trying to find a homeowners info to warm call them. I was referred to this homeowner looking to get out of a home he inherited from his mother. 

Any sites or apps that are best to find background info such as name and number would be much appreciated. Thanks! 

@Tim Braun How did you find out who has been paying the taxes? thanks

Hi all!

I have a couple properties under my belt but they are rentals in TN. I wanted to try and venture away and try flipping in my area. 

I have a good lead on a potentially good property to flip but I am having a hard time getting the people's info. Long story short, a lady passed away (very sad) and her son took over the property. I know his neighbor and through conversation the son is having a hard time keeping up with the bills and wants out (perfect scenario right). 

I know the ladies name that passed away but i'm having a hard time trying to get her sons information. I have heard looking up through county records? I have gone to the county website but everything i find is telling me to pay and send stuff in. 

Any suggestions on best ways to find out this info would be great. Thanks!

Getting your RE license can definitely help in some ways if you use it to help other people buy and sell. It can build confidence and help you get a better understanding of how the whole buying and selling process works. It also can get you in with other people that work daily in the re world. 

Outside of that and as an investor its not needed at all. Most of the time for just strictly investing purposes its a better use of time to have a re agent do their jobs for you so you can use your time to find deals, run numbers, etc. 

Find and agent through BP or honestly just google it. Best thing to ask them is if they invest themselves. If they don't, I would find someone that does. A lot of agents don't understand what exactly investors are looking for unless they do it themselves.

I invest primarily in Clarksville as well! It would be great to see what opportunities you have to offer. Thanks!

Hi All!

We are a group of investors looking to start lending out to other investors as private/hard money. We are at a stage where we are needing to consult a real estate lawyer and was hoping for some referrals.

Does anyone know if any really good real estate lawyers you could send our way? 

Thanks!

@Zachary Beach Yep sorry my mistake, it would be 8% Coc Return

Yep they used similar comps in the area as well 

@Rylan Kean Thanks so much for the advice. It probably is worth going in on regardless of the appraisal. Thanks!

Hey everyone,

I am in a bit of a pickle as to whether or not to go through with a duplex in Clarksville, TN. A quick background on the prop; 1600 sq ft duplex in a nice area getting me 8% ROI after all expenses. I would have to put some money into it, but the main issue is that it appraised for 15k lower than what we were under contract at.

Of course I don't want to over pay for anything. But it's already been renovated in many areas and the numbers work. I was fairly conservative with the math and it still would get me 8% at current rents.

I was hoping to see what all your thoughts were as to if this is still a good idea or not? 

Thanks!

Clark Henderson