All Forum Posts by: Jason Young

@George Boyd - Thanks for checking in!  The property is still in the rehab/updating phase with a planned completion date of Friday this week.  Yesterday we also extended an offer to an applicant whose desired move in date is September 21.  Hopefully the applicant will accept shortly and we will be all set to begin receiving rental revenues this month.  

Needless to say we are very excited and have learned a ton.  There are especially areas with the rehab that I know I can improve on for the next property I acquire.  Just as everyone seems to say, the learning is well worth it on this first deal.  I'm still very optimistic this will be a solid first deal and a profitable property moving forward.

I also plan on posting the final numbers and a summary of my experience once complete.  Can't wait to hear some more advice on how to improve for the next deal.

Thanks again for checking in, George!

@Mike Johnson - Much appreciated.  I've downloaded those documents and they look to be pretty detailed and I think they can be amended pretty easily as well.  Thank you!

@Will 

@Will Gaston - I will reach out to a few property managers over the next couple of days and see what I can find.  Appreciate the guidance again.

@Will Gaston - Thanks for the recommendation as always.  Would they likely have documents such as lead paint advisories as well?  Just wanting to make sure all my bases are covered from a legal perspective.  Thanks again.

Hello,

Does anyone have a recommendation for a closing attorney that also has some knowledge in drafting/reviewing rental agreements and documents in the Spartanburg region?  

Thank you,

Jason Young

Appreciate it @Ray Pryer

Hi all,

It has been quite a journey since initially starting my real estate investing education, but I'm happy to finally report that I've closed my first deal with a single family home.  It is not the biggest or sexiest of deals, but I'm happy to finally get my feet wet in the world of real estate investing with a tangible property.  

Although the hard work now begins with rehab and filling the property with a tenant (hopefully very soon), I'm incredibly excited to finally be an active investor!  With that said, I'd like to thank everyone that provided me with guidance along the way.  I hope that I can pay it forward and would encourage anyone that is starting out to reach out to potential mentors as well.  I certainly have much more to learn from others, but my mentors have all provided me with a wealth of knowledge and recommendations for other resources.  

I wish everyone that is starting out as I am the best of luck and extend a sincere thank you to all mentors in the real estate investment and BiggerPockets community.  Please feel free to connect with me in the forums if you'd like to like to ask about my experience or would like to speak about other real estate topics.  Again, I'm still learning myself but would be happy to provide you with whatever I can to help as many have and continue to do for me.  Keep your head up, don't get discouraged with set backs, keep learning and believe in yourself!  Thank you all and good luck with the remainder of 2018!

Best,

Jason Young

@Josh Stack - Thank you for the recommendation.  I will reach out soon!

@Will Gaston - Thanks for sending this along to Chris

@Chris Claflin - I'll PM you and we can set something up.  Appreciate the response!

Hello,

Does anyone have solid recommendations for property managers in Charlotte, NC?  I'm looking to have my first property (single family home) within a couple of months and would like to set something up with a local property manager before hand.

Thank everyone,

Jason

@Account Closed - I don't know why that never entered my mind!  As you mentioned, I'll look into the legality of that, but thanks for the recommendation.