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All Forum Posts by: Ericka Parrott

Ericka Parrott has started 17 posts and replied 356 times.

Post: Seeking advice: tenant violated lease with many cats

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

Give her 30 days notice now, keep her security deposit, and send her a additional bill for damages to the unit in lieu of taking her to court for the damages.  Check with your broker and make sure this fits with your local laws. You have a pet hoarder. 

Post: How to separate utilities?

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

Water meter-water company.  Gas-meter-gas provider.  Electric-needs a separate address or unit number.  Is the property already zoned multi-family?

Post: Seller/Owner Financing Deals for Residential

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

Jane - you can always approach and person selling there home on the MLS and ask will they so seller financing. After a home has been sitting on the market sometime seller get antsy. Work with your realtor to come up with a system.

Post: How do you find Off-Market Properties?

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

hyper forcus on one area and go under contract directly with the sellers.

Post: Lot split with house on the line

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

My vote is option one.  It seems like the shortest path to cash-flow with the less out of pocket expense. 

Post: Why do people Buy Property in California

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

One a side note, my mother's cousin bought several properties for 70k or so in California in the 1970s, it was a big deal then. You can guess what the value is now on those same properties they still own.

Post: Problems with our Current Rental and Deciding Whether to Sell or Not

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

Sounds like you need to have a relationship with a couple of good contractors, 40k for vinyl siding sounds high, what was the material cost.  Can fix the water damage in the basement yourself.

Post: Fix and Flip changes

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

Are you in the Atlanta Market?

Post: Rental Property Purchase

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

Review Anchor Loans, they have closed many investors I've worked with.

Post: fix and Flip

Ericka ParrottPosted
  • Residential Real Estate Agent
  • Atlanta, GA
  • Posts 380
  • Votes 128

With many advisers there is safety.  Have as many people you can trust give you some advise about your purchase.