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All Forum Posts by: Joey Hamaoui

Joey Hamaoui has started 16 posts and replied 359 times.

Post: Springfield Mixed Use?

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

Hey @John Fabros did you end up doing that deal in the end?

Post: Wiring directly to title

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

@Ofir R. I recommend if you're concerned you call the title company and verify the wiring instructions over the phone. Which title company did you use?

Post: Primary Residence vs. Investment Property

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

Thanks @Clint E., @Justin B. and  @Ali Boone  !

The lender I spoke with was from Movement Mortgage but he could have meant that it was just something they can't do at his company.

I've been looking into other banks that are a little more local and investor friendly like Ameris Bank, Atlantic Coast Bank, and First Atlantic Bank. I'll try to update the community on what they say.

Post: Any Good Handy Man Recommendations?

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

Thanks!

Post: Any Good Handy Man Recommendations?

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

@Mitchlyn D. yes I definitely could use another handyman in the area. Did he do a good job?

Post: Looking for a good Real Estate Attorney in Jacksonville, FL

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

@Dave Foster thanks!

@Jessica Zolotorofe I'm looking primarily to invest in residential and multi-family but right now I need a good attorney for structuring and planning.

Post: Looking for good rents, good schools and low crime for rentals

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

Hi @Tanner M. based on the information you provided it seems to me that you would probably hope for an average of 6% return up to about 9%.

I would add 32257 (Mandarin) and parts of 32225 (Ft. Caroline) to your list. There are some affordable neighborhoods there.

If you'd like any help I'm happy to schedule a call or meet up somewhere.

Post: House Hacking with FHA 203k Loan

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

Hi @Collin S.,

From what I understand you will have to use contractors who are licensed and insured for all the work and you will have to produce the receipts/paperwork for the lender. In addition I've been told you must get at least 3 different proposals for the work.

Besides for those two points it seems to me that you have the freedom to use whomever you like.

Post: Real Estate Class

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

Hey @Brent Hill did you end up finding a good real estate course?

Post: New to REI - Jacksonville FL - Recommendations?

Joey HamaouiPosted
  • Real Estate Agent
  • Jacksonville, FL
  • Posts 406
  • Votes 163

Hey @Hubert Washington were you able to fill up your team?