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All Forum Posts by: Greg Morris

Greg Morris has started 2 posts and replied 90 times.

Post: Bernie Sanders - Not Good for Flippers - Increase Taxes

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

Higher taxes, rent control new regulations, open border, increase in renter rights, lawsuits, property values down, increase inspections, loss of property rights, social  ownership, a nightmare.

Post: 1st Flip Turned 47k Profit!

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

Congratulations Michael & Rachael 

Post: Real Estate License for Flipping?

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

l took a real estate course just for the knowlege to sale my own houses not to work for a real estate co. Owners can sale their own property. This way you don't need a broker. Use a title company. Save big bucks

Post: Analyzing Question - Newbie

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

The MPI is only .85 shouldn't be a big effect on rent. CAPEX basicly maintenance runs around 5-10 % per year.

Post: Analyzing Question - Newbie

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

My understanding is PMI are not for FHA federal loans the P stands for private conventional loans. FHA loans are covered by the federal government. Please correct me if l am wrong. Thanks

Post: Skip Tracing and Cold Calling

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

I guess I'm cheap, l just get the address type in who lives at so and so address most of the time it will give you the last name. Once you get the last name and address it's easy to find who it is. You can always go to city and do a title search, country recorder with the address of the property. Or you can spend $120 bucks a year.

Post: Corna virus... should you be worried!?

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

We could see the supply chain being disrupted. Which could effect Lowe's and other home supplies in the next two months. Global monetary system could be effected if stock markets start to close. I think we could come out of this with no effect, but on the other hand it could have a world wide effect. Let hope for the best.

Post: Corna virus... should you be worried!?

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

We could see some shortages in by April or Ma. Many of the factories in China are closed. Things like facets, tools, toilets  etc may be hard to get as stock gets used up. 

Post: My 1rst Real Estate Project

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

Congratulations 

Post: How to obtain hud properties

Greg MorrisPosted
  • Flipper/Rehabber
  • Spanish Fort, Ala
  • Posts 97
  • Votes 88

Hud has a site list who is auctioning off the property. Most of the time they use a third party to auction them off.