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All Forum Posts by: Jonathan Key

Jonathan Key has started 3 posts and replied 119 times.

Post: Where is Waldo-A.K.A. Deed Holder?

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

The address is 2610 Page Road. It is in Harrison County.

Post: Does anyone know what kind of finish this is?

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

@Cody Thompson Whatever it is it sure is ugly! Please post pics when you get it done so we can see the transformation!

*followed

Post: Mobile toolbox / workshop.

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62
Originally posted by @Josh Nix:

I also use a full size van with shelving in it it's great, I got mine for $2,400 on craigslist it also has grills covering the windows but i've never had a problem with thefts. I even have my ladders on top that anyone could easily take if they wanted it.

 Can you fit sheets of plywood or sheet rock in it?

Post: Where is Waldo-A.K.A. Deed Holder?

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

UPDATE: So I went by the house again today, this time on a solo mission to retrieve the correct address. I found out the 2 neighbors address which matched the CAD, so I had it by process of elimination for the most part. I was able to correctly verify the address with certainty, just don't ask me how. I plead the 5th. ;)

Back to the computer and right to the CAD where I do find the property listed.

OWNER : SMITH, JOHN & JANE (names protected to hide the innocent)

ADDRESS: UNKNOWN

Whaaaaaat? I even tried to run the property trough the Texas County Records website; nadda.

So a trip down to the CAD office I suppose? I am stuck again.

@Tom Keith This is on the north side of Longview so it is technically in Harrison county. Suggestions?

Post: Where is Waldo-A.K.A. Deed Holder?

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

@Randy Fahrenkrog Thanks for the tip!

@Tom Keith Thanks for offering to help! I am going to take another run at it today, I will let you know what I find out.

Post: How many houses can you manage with a full time job?

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

I don't see the point in haveing a PM myself. FIrst it's a waist of money. Second, have you ever heard of anyone tlaking about how WONDERFUL their property menager is? NO!

@Mike H. Manages 30+ with a job, and he posts a blog AND is on BP constantly...but I am not sure if he sleeps at all!

Post: Buying no money no credit

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

First off - lose your history. Everything is what you make of it going forward, not what happened in the past. Industries are littered with those who came form nothing and made something of themselves. Only having a GED means sh*t.

Right now - do nothing of action. Read, absorb, dive into BP - self educate yourself so that you have a better understanding of everything real estate related.

Come up with a plan - then work the plan.

Post: First Motivated Seller...HELP!!

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

There are companies all over that can do that for you locally - for a fee of course. I have actually done it a time or two. It is not an 'appraisal' so I don't need license or training. I go over and take measurements, take pictures, follow a checklist and send it in to the company that asked for it. It is much cheaper than an appraisal or inspection, and could at least get you some information. The one I contract for is for mobile or modular homes, but there are all types.

Message me and I will send you the name of who I have dealt with. They either can do it (for a fee) or will know who can.

Good luck on the deal, sounds like a winner!

Post: Where is Waldo-A.K.A. Deed Holder?

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

My wife spotted a home less than a mile from our house when we decided to take a new route out of town to go have dinner for her birthday. She asked me today if I saw the house, boarded up and vacant. Of course me...nope!

We immediately jumped in the car and went over there.

Looks like 1950's 3 bedroom, probably 1500 sq ft. Big lot maybe 2+ acres and by my guess has been empty a few years at least. No markings, no mailbox, gas meter pulled, electric meter is gone.

The problem with East Texas is we will number our houses very particularly. There may be 2 houses between the 2700 and the 2800 block and only 2 lots, so it is not as easy as just counting the houses 2X2.

So I am resourceful, I hit the CAD, foreclosure sites, even Zillow and Realtor to scour for owners of the house. Its in my own neighborhood so I know what it is worth. I found Google street view and in early 2012 it looked like someone was living in it. Now all the windows are boarded up and it been a while since anyone was there.

I have found zip, zilch, nadda.

What are my next steps? How do I find out the correct address? Then what type of search do I need to do at the county courthouse to find who may be the mortgage holders if it was repossessed - or did it fall through the cracks somewhere? I don't mind the legwork at all.

Thanks for your help BP!

Post: Experience being Part time real estate agent?

Jonathan KeyPosted
  • Real Estate Investor
  • Longview, TX
  • Posts 122
  • Votes 62

@Peter Fokas Great topic! I plan doing exactly that, RE classes in the fall through March of next year, than RE part time. I know several agents that have been doing it part time for years. If you can afford it I am told that is the way to go. It helps you build your business, name and reputation without having to depend on the full time income. I want to combine being a part time agent with investing so I can eventually transition out of corporate america. Its a long term plan but it's still a plan.

I say you go for it!