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All Forum Posts by: Jared Skillicorn

Jared Skillicorn has started 5 posts and replied 22 times.

Post: Help deciding on Flooring for multi family

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8
I’m all about the vinyl flooring. It’s held up great and though you pay a little more up front than laminate you will save a lot of money in the long run. All the best!

Post: Meet Ups near Bountiful Utah

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8
Hey everyone! I’m hoping to start coming to some local meet ups near Bountiful Utah. I would love to add some value to others anyway I can and learn. Does anyone know of some upcoming meetings from Ogden to Salt Lake City Utah?

Post: Adding someone to title after closing with a bank

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8

Thanks Tom & Patrick! Do either of you see any issues with putting the money in the business account prior to closing or would it maybe be better to wait till after we close?

Post: Adding someone to title after closing with a bank

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8

Hey Everyone!

I am closing on a multi family property here soon. I am along ways into the loan process already and don't want to mess anything up or slow the process down, as we need to close ASAP. It will be purchased under my LLC with me as the guarantor on the loan. With that said, I have a partner who is coming now for a percentage of ownership in the property. He will be support the rehab expenses. Since I am so far along in the loan process... Is it possible to add him to the title after we close and not the loan? Will the bank care since we are not transferring title but only adding someone? Any thoughts on the topic or ways to handle this would be very helpful!

All the best!

Post: Looking at cap rates in Birmingham, AL 35204

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8
Thanks for the insight !

Post: Investor Friendly Local Banks in B'ham

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8
Jacob, I’ll send you the contact info for a couple people we have used.

Post: Looking for Handyman/sub-contractor in SLC, UT

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8

Are you just looking for a handyman or are you looking for specific subs? If subs let me know which ones and I may a have a few for you.

Post: Out of state, sight unseen investing

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8
Good for you, Greg! Best of luck.

Post: Looking at cap rates in Birmingham, AL 35204

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8
Thanks for everyone’s comments on the area! Hope to connect with some of you soon.

Post: Looking at cap rates in Birmingham, AL 35204

Jared SkillicornPosted
  • Rental Property Investor
  • Bountiful, UT
  • Posts 23
  • Votes 8
Thanks Mark, for the response! Totally agree with you on looking at the area and certainly know what you are referring to when it comes to different areas. It’s on the calendar. We are moving on one deal already, but are looking at another that falls in the multi family side of things in that region. I’m not as concerned about where this place is located as much as what the ARV will be.