All Forum Posts by: Gregory Chadwell

I went owner occupied either conventional or FHA. 3-5% down at the time you only had to live there 1 year and then you can move out or move on. Maybe a lender can chime in and see if that's still the case

I base my rents on the condition of the unit and the competition.  I keep mine a little below market to prevent turnover.  

Being a lender for 10 years, all is that we required from the title company and the lender is that a notarized close was to take place.  I've seen already that the lender overnight's the docs and they buyer had to take them to get notarized.  But in most cases the title co will reach out to a notary closer and add their fee to the closing stmt.   Still alot cheaper than a plane ticket :) 

Good job 4's are the way to go! 

I usually deal with b-c class.  Slightly under market rent and less likely to move out and buy a house.  

Im working on a couple of pre listings.  DM me your criteria

So far ive been using Rent Redi (with the BP discount) for over 2 years and its been great.

I found in my practice especially as a listing agent.  When the listing is new we get alot of phone calls and showings.  But when a template lowball offer comes in (not sure what it's supposed to do beside tick off the seller) You won't be able to recover from your first impression.  In a seller's market be sure to see if other offers have been received before making the offer. The time for a discount would be after it's been on the market a week or two (with no offers received) or better yet just before 30 days before a price reduction takes place. 

I've sold properties to out of state buyers using facetime and walking through and discussing the property pro's and con's.   Also recommended getting a home inspection.  The deal was successful and later on we sold the property at a significant profit and 1031 to something larger.  As far as flying (tax deductible too) You can do that and if it's in the states the total trip shouldn't cost you more than $2000 all in with lodging.  I also sold 2 properties to one out of state and another from Pakistan and the buyer never walked through but relied on the home inspection to determine scope of work or to complete the deal.