All Forum Posts by: Deonte Brown

Hi @Jason Malabute! I saw a few nice properties in Columbus, Indiana that is on the market right now. I'd love to discuss them with you and see if you're interested.

Hi @Raymond Temprano and @Ali Mirabzadeh. I am a local Realtor with intimate knowledge on investing in Real estate. I would love to connect and discuss your investment strategy and help you achieve your goals.

Hi @Jens Tutzauer. I just sent you a message. I'd love to help. In fact, I may have found a solution for you in Indianapolis.

Hi @Priya Shekhar! It's hard to answer your question with the information that you have provided. The investment needs to be analyzed on a number of factors such as retail stores in the investment, anchor stores traffic patterns in the area, etc. Feel free to send me a private message if you'd like to discuss this further. I can connect you with several resources that can take your project to the finish line.

Hi @Esther Tama

There is an abundant amount of good advice and good points here. Every state has different laws regarding notice to enter a rental property. Some states require a 24-hour notice, some require a 48-hour notice, and some require different. If lease terms provide more rights to the tenant, then the lease prevails over state laws. You can give notice to enter the property, and during that visit, you can show prospective tenants; however, the tenant does not have to leave the property during the visit.

If the tenant is not cooperative, they can make the visit less desirable by having the house dirty or other means. If that is the case, it may be more advantageous for you to wait until they fully move out. This also brings up another "what-if" that I am open to discussing further if you want. Send me a private message or give me a call if you would like to go over that what-if.

Every market is different, and if this property is in a hot market, you can do some soft advertisement restricting showings. You may get the property rented without any showings. Of course, that would be the best scenario.

As you mentioned, you definitely would want to work with a Realtor who knows the art of investing in properties. Unfortunately, there are many Realtors out there who are not.

Hi @Coreyell Lincoln,

Eagle Land Title and Monument Title are two investor-friendly title companies in the Indianapolis area. I have heard Hocker and Associates are also investor-friendly, but I have not had an opportunity to work with them yet.

I am an investor-friendly Realtor and would be glad to help you transact Real Estate in Indiana. Feel free to send me a private message to schedule a quick video call or phone call.

Hi @Jie Yu

Cities or towns can not prohibit or restrict short-term rentals in the State of Arizona per ARS 9-500.39. However, cities and towns can add some layers to hold landlords accountable. Scottsdale has done this by implementing a city ordinance that requires owners to register an emergency contact who can and will respond to the property if and when they receive a call. I work with a few property managers who can be that person if the owner is out of state or does not want to.

I would recommend you find a home in a community without an HOA if you want to have a short-term rental. HOAs are free to sanction Short Term Rentals, and as Brandon stated above. There are a number of HOAs are requiring a minimum 30-day stay.

Sources
Arizona Revised Statue: https://www.azleg.gov/ars/9/00...

I sent you a private message @Fed Finjap!

@Mark Berardi - There is a lot of great advice already given. However, another thing I think about when selling a property when the market is hot as it is today, you would have to find another property in the same hot market. In essence, the key is to have another property lined up that yields a greater return. I would recommend a 1031 exchange. 

[Solicitation Removed by Moderators]

Hi @Daniel Salmeron. Your formula does seem standard. In short, the more equity or meat on the bone you can pass down to the investor, the more marketable your deal is. I am finding many wholesellers are assessing a huge finder's fee, assignment fee, etc.
on deals, cutting meat off the bone. The investor is taking on the majority of the risk, and wholesellers who eat more meat than the investor does not seem right to me.