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All Forum Posts by: Dave Godfrey

Dave Godfrey has started 19 posts and replied 82 times.

Post: Looking for experienced investor in Chester County, PA

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

@John Dougall Hey John!

Fell free to reach out to me. I live work, and invest here in Chesco.

I look forward to chatting with you. -Dave

Post: Networking in Pennsylvania

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

@Joshua Messinger Feel free to give me a shout. I live in WC... If you are looking for local networking with others, I can help point you accordingly (or if you need contractors, lenders, etc.).

Post: Networking in Pennsylvania

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

Hey @Matt McGillian !

I live, work, and invest here in Chester County.

Would love to connect.

Post: First deal done, lets do another! getting our feet wet.

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

Congrats @Steven Hershey !

Now go out an make the 2nd happen 😁

Post: Property management companies

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

Hey @Dre N @Jobi Samuel

There are some companies and individuals that will lend money short term. Depends most on the value proposition and the location. You don't have to have any experience but it helps if you do.

Do you have a property under contract, and if so, where? I may be able to refer you to someone who can help.

Best of luck!

Post: I cant get my rental unit filled

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

Hey @Anders Nordberg !

As we head into the winter (though it doesn't feel like it here!)... I would suggest two things:

1). Drop the price a bit

2) Offer a non-standard lease term (that is offer the lease for say, 8 months, then the annual renewal. This doesn't work in an HOA community but I don't think that applies to yours, right?

There are some folks looking for a "short-er term" rental. If you play it right, you could have some flexibility and hold your pricing too.

I have gotten a few inquiries lately about these types of situations.

Also, maybe review the marketing you have done and see if there is anything you can do better (description, pictures, brochure, targeted audience, etc ).

Good luck, you will fill it!

Post: South Eastern Pennsylvania Investor

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

Hey @Bas DeVries

In addition to Wednesday's meeting I would be up for it. Let me know...

Thanks.

Post: Selling & Lending to foreign nationals

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

Hi BP.

I have a client who is selling their house (conventionally, not as a rent-to-own or seller financed).  I was approached out the seller doing owner financing (thus becoming a lender) on a house in which the buyer would be a foreign national.  The buyer is out of country and intends to rent the house.   The buyer apparently has a very large down payment.  

Any thoughts on this?  Have any of you doing any similar deals? 

Thanks,

Dave

Post: Seeking attorney to review JV agreement for Mortgage Note

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

Thanks for the replies!

Post: Seeking attorney to review JV agreement for Mortgage Note

Dave Godfrey
Pro Member
Posted
  • Real Estate Agent & Investor
  • West Chester, PA
  • Posts 90
  • Votes 21

Looking to an attorney to review a document. It's a Note JV agreement. Recommendations?

Note is in Indiana, in case that matters.

Thanks in advance.

Dave