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All Forum Posts by: Drew Eldridge

Drew Eldridge has started 10 posts and replied 102 times.

Post: Great Memphis Wholesale Deal! Buy and Hold or Flip.

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

Thanks!

@Alex Craig  We feel like it is a killer deal as well.  I just sent you a DM.  

Post: Great Memphis Wholesale Deal! Buy and Hold or Flip.

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

@Clint Bolton It is!  And we would love to tell you more about it.  

Post: Looking for New Connections

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

Lunch meet-up next week on the 27th:

Lunch meet-up

Post: Great Memphis Wholesale Deal! Buy and Hold or Flip.

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

2 bed 1 bath

Brick 875sqft mol

Investors don’t miss this great opportunity to purchase a house near Christian Brothers University and U of M! This house needs very little in repairs and Realtor comps in the area are $125-135k as it stands. Flippers can potentially get more with interior upgrades.  Owner is still in property until sale so please do not disturb. 

$87,500

Call Todd today: 870-761-5237

More pics at:

https://www.dropbox.com/home/2777%20Madison%20Memp...

Post: Young Investor Program for 15 year old?

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

I'd be happy to answer any questions about how my 12 year old son got started.  Here's a link to my BP thread about it:

My 12 year old bought his first house

Post: Officially Financially Free at 32 !! - Exciting Day!

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

Congrats @Austin Fruechting!  It's not time to retire, it's a time to begin building your next endeavor! lol.  What's next?

Post: Question about Disclosures

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

Yes.  You, the seller, provide a disclosure statement pursuant to Title 60.

"A. A seller of property located in this state shall deliver, or cause to be delivered, to the purchaser of such property one of the following:

1. A written property disclaimer statement on a form established by rule by the Oklahoma Real Estate Commission which states that the seller:

a. has never occupied the property and makes no disclosures concerning the condition of the property, and

b. has no actual knowledge of any defect; or

2. A written property condition disclosure statement on a form established by rule by the Oklahoma Real Estate Commission which shall include the information set forth in subsection B of this section."

I purchased 2 FSBO's last year with only the standard OREC contract and closed without issue.

But here is the link to the forms if you feel compelled to send to your casual buyer. :)

https://www.ok.gov/OREC/Contract_Forms_and_Related...

Post: OKC Investor Lunch Meet Up

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

I'll be there and am bringing a friend.  See you all then!

Post: My 12 year old bought his first house

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

@Elizabeth Wilson Thank you.  I sent you a message.

Post: My 12 year old bought his first house

Drew EldridgePosted
  • Rental Property Investor
  • OKC, OK
  • Posts 108
  • Votes 235

Thanks again for all of the kind comments.  I wasn't sure what kind of response this would get but I was  just proud of his initiative on something that I love as well.  

I wanted to thank each of you for taking the time to post the words of encouragement.  We are traveling this weekend and in an area with spotty reception so I will try to answer some of the more specific questions next week when we return.  Thanks!