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All Forum Posts by: John Britt

John Britt has started 18 posts and replied 170 times.

Post: Inherited tenant questions.

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

@Kurtis Montgomery  I have read everyone's comments, and they all I would consider valued.  But as I was reading them I was stuck on the rent being $500 a month.  If it is a 2 bedroom even in Alton Park without central air and heat rents have gone up, and in many cases they are still increasing.  But that was not your question, I would honor the current lease agreement that they had with the previous owner, even the dog!  But as the new owner you can give them advance notice to let them know that the terms will change at the end of their lease.  This way I feel it is fair for everyone, and could save you money but not having to go through the process of finding a new tenant.  By forewarning them you give them time to prepare and adjust to you as the new owner and the increase in rent they will have for the pet.  

Post: Inherited tenant questions.

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

@Kurtis Montgomery  I have read everyone's comments, and they all I would consider valued.  But as I was reading them I was stuck on the rent being $500 a month.  If it is a 2 bedroom even in Alton Park without central air and heat rents have gone up, and in many cases they are still increasing.  But that was not your question, I would honor the current lease agreement that they had with the previous owner, even the dog!  But as the new owner you can give them advance notice to let them know that the terms will change at the end of their lease.  This way I feel it is fair for everyone, and could save you money but not having to go through the process of finding a new tenant.  By forewarning them you give them time to prepare and adjust to you as the new owner and the increase in rent they will have for the pet.  

Post: Low Income Property Investments in Memphis, TN

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

@James Martin please share it with me.

Post: Low Income Property Investments in Memphis, TN

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

@Jennifer Saylor I am not local, but Memphis is my hometown.  Message me and I can send you some property managers there.

Post: Options with Section 8 Tenant already in place

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

@Brian Mendez fortunately you have time.  But it does not sound good that you reached out to the office and they have not called you back.  I would suggest that if you are not able to contact them via the phone within the next week, that you should get the answers you need in person.  It is not difficult to change over the ownership, but  it could take some time depending on how the local office is ran.

Post: New to REI in Chattanooga, TN

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

Welcome John.  I would be glad for you to stop by the office and talk or you can just message me directly and I will give you my number.

Post: My 1st BRRRR ---> Airbnb in Memphis, TN - Critique my Listings

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

@Rachel Hughes  What part of the city is the house in?  I like what you did and offer to the guest.  Especially the Memphis sign as you enter the main house.

Post: Wholesaling an apartment complex

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

@Jesse Slater  I would check with you local board and dig into wholesaling.  I must tell every state is different as you know when it come to real estate laws, but now that I am a broker I have gain a huge appreciation of liability, and I could not see having 3 or 4 agents wholesaling that I would be responsible for.  I know even though I wholesale properties. 

Post: Tennessee WholeSaling - Newbie

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

@Haven Phelps you can also reach out to me.  I have worked in the Memphis and Chattanooga markets successfully.  

Post: Neighborhoods in Chattanooga

John Britt
Pro Member
Posted
  • Property Manager
  • Chattanoooga, TN
  • Posts 193
  • Votes 51

Consider these zip codes, 37405, 37403, 37412, 37421, 37363, 37415, 37407, 37409 and 37343