All Forum Posts by: Ericka Parrott

Bagwell and Associates in Atlanta

Which lists are your currently targeting? Who are you pulling your list from?

Hey Eric, pm me. Ill be glad to help you with contracts or comps. I'm a realtor and investor.  

Can you send me info on the Jackson area as well?

Have mom sign a quit claim to daughter. Daughter sells it to you. pm if you need assistance.

I always, and I mean always have a backup offer on listed property.  The same for off-market properties. Deals, fall through, people can't get financing, and if its a "cash deal" sometimes life events happen and your investor can't close. I suggest changing your strategy to always accepting and marketing for backup offers on all your deals. 

Just tell your tenant the truth, which is that you have never dealt with a situation like this before.  ( Nor, has any other landlord that you personally know) Then, tell her that she and her daughter should research online.  

And leave it at that. Don't say research how to get rid of the ghost or how to speak with spirits.  People see what they want to see and believe what they want to believe.  What a strange thing for anyone to say, I wonder what she wants you to do about the situation?  Of course as others have mentioned, I'm thinking she just wants to break the lease. 

I agree don't refund anything until well after she moved, so you can fully access the interior for your inspection.  On the next tenant make sure the lease reads "security deposit" and not just last month's rent.  Always take a security deposit.

Is the neighborhood up and coming? Or about to turn? I think its wise to always add value to a property and small things like increasing the curb appeal can help you attract a higher quality tenant. 

1285 Avon Ave SW, Atlanta, GA 30310

Parcel# 14 013800060653
2 Bedrooms and 1 bath, 989 square feet
Built in 1945
Taxes: 230.88

Oakland City area, walk to Marta Station, Finch Elementary right down the street from the property, large backyard, up and coming area near West End, perfect addition to your rental portfolio or great for first time homeowners.

Repairs: Estimate 10k to 15k needed in repairs. The home has not been lived in the last couple of years.

Comparable Sales
Address: Beds/Baths Sold Date Sold Amount
1315 Lynford Dr SW 2Bed/1Bath 11/15/15 45,000
1158 Edgefield Dr SW 3Bed/1Bath 11/10/15 39,000
999 Lawton St SW 3Bed/1Bath 11/8/15 38,000