All Forum Posts by: James David Ludovina
James David Ludovina has started 2 posts and replied 5 times.
Post: Renting back to owner after closing escrow in Charlotte

- Investor
- Charlotte, NC
- Posts 5
- Votes 0
1000 Thanks Reed. I think it should work out. I am going to continue to offer it even though this deal fell through.
Post: Renting back to owner after closing escrow in Charlotte

- Investor
- Charlotte, NC
- Posts 5
- Votes 0
Hello
I may be closing on a 1400 square foot home and the owner needs to rent back for a couple of months. She has equity in home and will be looking for larger home so no animosity(yet). I need as much info and insight here please if there are any special considerations. I am thinking about perhaps holding three months rent in escrow and asking her to stay a couple extra months ahead of rent. How much may it cost me to evict if it becomes a nightmare?
Thanks
Post: Seeking best 350-450 neighborhoods single story older ranch

- Investor
- Charlotte, NC
- Posts 5
- Votes 0
I am selling my home in Roseville to move to Charlotte. I guess I botched that one pretty well.
Post: Seeking best 350-450 neighborhoods single story older ranch

- Investor
- Charlotte, NC
- Posts 5
- Votes 0
I see how that is not clear. I am currently in Sacramento and looking for single family home in south area of Charlotte.
Post: Seeking best 350-450 neighborhoods single story older ranch

- Investor
- Charlotte, NC
- Posts 5
- Votes 0
Hello. Currently in Sacramento researching neighborhoods for my SF residence in suburbs in the south. Any advice on prime neighborhoods? This is going to be my home and I want a 1950s-1970s neighborhood with .25 to .75 acres, a garage, hardwood floors and completely dated. I also want thick wooded canopy with huge potential. Would rather pay for prime location and get less square footage. Anything over 2400 feels too large for me. 1500-2000 seems to be sweet spot. Wallpaper, Pepto Bismol bath tile totally gets me excited. Going to renovate for a couple of years and then start investing in income property afterwards. What is the best way to start researching and start to get dialed in on calculating ARVs and high quality areas. Not looking to buy just for flip but want to get wholesale deal. Are most wholesalers not buying these types of properties. My intuition tells me that driving for dollars would be my best strategy once I get there. Bring me as much info please. Thanks