All Forum Posts by: John Clark

Many landlords fear the court system and piss away a lot of money to lawyers. I am thinking about organizing a master class to guide landlords in bringing their own evictions and small claims cases to court without using a lawyer . 

would this be worthwhile?

At a recent meetup, I heard several individuals complain that hard money lenders are making more profit than they are. It is easy to respond that they are not purchasing the property at an extreme enough discount but think there is more at play than that

 This whole bag of craziness can be avoided by just having a regulation that residential property sellers MUST be represented by an attorney. 

I would like to create an apartment sanctuary where only tenants where only tenants who own firearms can rent. How do I avoid discrimination laws 

Hey BP! 

As I am running numbers on properties, is it safe to expect the county to match the appraised value based on the most recent transaction? Say in 2024 the county appraised a property at $530K. It's 2025 and the seller and I agree on a $700K transaction (This is an actual deal I am analyzing now btw). Does that mean that the county will reassess based on that $700k? 

Taxes can feel like they are so unpredictable but I am doing my best to get ballpark what they will be. I know how to pull county tax records and look at the mill rate, but I what I don't know is what the county will appraise a home at. This would really help me out in analyzing deals/running the numbers.

I am in GA if that matters any (Fulton, Dekalb, Cobb, etc).

After five years, we removed a tenant (via non-renewal of lease). They moved out and turned over the unit. Since it was never turned over under our ownership, we gutted the bathroom (needed it), redid the cabinets, countertop, and all three bedrooms. It's been on Zillow for about six weeks (most inexpensive in the neighborhood), and the # 1 comment we have is they do not like that the washing machine and dyers are coin-op and that they are in the basement. It's a four unit building, so the most economical way to install the washer and dryer was in the unit. There are also hook-ups in the basement for other tenants to connect theirs if they wish. I was thinking on placing a combo washer/dryer in the kitchen, there is a small space, but we have to run water lines from the basement and a drain hose. We really didn't want to do this, but we are concerned that it's taking a long time to fill. We filled a 1-bedroom in 3 weeks last fall. That was listed at $2k, and this is listed at $2.7k (again, a 3 bedroom). A combo washer/dryer would be around $1400, and a plumber to run the lines probably another $1200 or so. We've already spent around $15k in the reno with supplies (trust when I say the unit needed it.

Any suggestions?

Hi I'm a 19 year old wholesaler trying to close my first deal! It's been challenging but a learning process as well. I'm  in markets like Georgia, Cleveland, OH and Indianapolis, trying to be in more favorable markets, sometimes I seem to get closer to a deal but never a closing deal. I guess I'm asking for help essentially 😂