All Forum Posts by: James Lennon

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James Lennon has started 2 posts and replied 4 times.

Quote from @Philip Joseph:

Quote from @Esther C.:

@Philip Joseph why do you no longer invest in Macon? Seems like the Mayor is trying to make it business friendly.

I'm not from Macon and my subs are not either. After my last rehab, two of my subs said they will not be able to help me on future remodels. One of them got robbed by high school kids with guns, my trash can and a few other items were stolen from the property, and someone through a brick through the front window. Nothing like that has ever happened at my properties in Houston and Peach county. Because of that, I made the decision not to buy there. Cajun

0 Votes

Atlanta, Georgia

Hello,

Does anyone have experience using hemlane? This is my first rental property and was considering using this platform and was wondering if anyone had personal experience. What would be the pros and cons you have experienced, if any? Thank you

3 Votes

Sorry I meant loan not lone - ha can’t believe I did that

0 Votes

I was wondering what experience people have when buying a rental property with a commercial loan with LLC vs residential loan and then doing a quit claim deed to transfer to an LLC? I would want the property in the LLC for asset protection and It seems it is risky doing the residential loan and quit claim option as I would not want the loan called. What experience does anyone have with this issue? thank you

0 Votes