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All Forum Posts by: John Williams

John Williams has started 63 posts and replied 392 times.

Post: Unwilling RE Agents

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
@Russell Brazil $60-80k

Post: Unwilling RE Agents

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
I looking at cheap, distressed, and foreclosed properties in my area. However, no agents seem to “have the time” to show me these. I think the real reason is because they won’t make much commission off of these homes or they think they are wasting there time or something. Are they not taking me seriously? The goal here is to find houses under market value but agents don’t seem to want to help with that. They keep trying to upsell me saying you won’t like that or that property is terrible. Advice?

Post: Getting a Real Estate License

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
I am planning on getting my RE license in Tennessee. I am doing this so I can have full access to the MLS, avoid commissions on RE transactions for my own RE business, and act as an agent for the general public as a side gig. Does anyone have any thoughts on this plan? Does anybody have tips for someone who is trying to get their license and just getting started as a real estate agent?

Post: Market Research from out of State

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
I’ll be moving to Clarksville, TN from out of state in January. I am trying to buy a house. How can I do market research from out of state? Normally I would drive through neighborhoods to get a good idea of the “good areas.” How else can I determine where I would want to buy without actually having been there?

Post: Moving to Clarksville, TN.

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
I am moving to Clarksville in January. I have only driven through the city 1 time. I am very unfamiliar with the area. However, I know that I want to buy. Where should I buy? Where are the good areas? Why? Where should I absolutely avoid? Why? Thanks!

Post: Do I Need Landlord Insurance?

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
I am moving out of house next month. I am going to turn it over to a property manager so she can rent it out for me. Do I need some sort of additional insurance to protect on top of my home insurance? If so, what kind do I need? Thanks!

Post: 2nd Tier VA Loan Questions

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
@Bryce Stclair Thank you for the clarification! I guess I just found it odd and hard to accept that there is a minimum loan amount. You would think there would be a maximum limit as opposed to a minimum. Well, I’m learning! Thanks!

Post: 2nd Tier VA Loan Questions

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
@Waylen Herdman Well Ive only been through the city once so I am not to familiar with the area. I liked the tiny town road area. What about you? Are you more familiar with the area?

Post: 2nd Tier VA Loan Questions

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
I’ll be moving to Clarksville, Tennessee next month. I am trying to purchase a home using the VA Loan when I get there. I already used the VA loan once (~$150K) on my current residence which I intend to keep when I PCS. Can I use the VA loan again to purchase a second home, while retaining my first house? I have one lender who is telling me yes. However, in order to access this “second tier” of the entitlement I must take out a loan for a “MINIMUM” of ~$145k. I thought it was odd that there is a minimum rather than a maximum. I don’t think my lender is really familiar with the second tier of the entitlement. Are there any lenders out there who are familiar with this? Is my current lender correct or are they confused? Thanks!

Post: Real Estate Agent on an Auction?

John Williams
Posted
  • Property Manager
  • Clarksville, TN
  • Posts 436
  • Votes 207
Is it possible to hire a real estate agent to assist with the auction process? Are there agents out there who have this kind of experience? I’m new to investing and my thought process was that I can find relatively inexpensive properties at auction. However I would like an agent there to guide and advise me and assist me with the due diligence process. Thoughts?