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All Forum Posts by: Lamart Clay

Lamart Clay has started 4 posts and replied 10 times.

Post: Turn Key Rental in Chicago S. Suburbs - Need Cash Fast

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

Yes it is.

Post: Minneapolis Apartment Buildings

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

please send me info to [email protected]

Post: Turn Key Rental in Chicago S. Suburbs - Need Cash Fast

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

Please call 7082574132 Clay

Post: Houston SFR Portfolio for Sale - 29 houses

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

Please send me a list [email protected]

Post: Off Market Properties available

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

Please send me this list [email protected]

Post: Need Private or Hard Money Loan

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

Looking for hard or Private money loan in Homewood, IL

Purchase price $100k 

Repairs $40k - ETA - 60 Days to repair

ARV - $250k

5BR 3BA SFH in Homewood. Needs updating and remodeling. The owner is a corporation and house is in pre-foreclosure but bank is willing to work with me if I have a lender willing to finance house. Please contact me if you can help.

7082574132

Post: Turn Key Rental in Chicago S. Suburbs - Need Cash Fast

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

Turn key Rental - I relocated and need Cash Fast

Great Tenant - Lease Expires 09/2018 - Tenant wants to stay long term

Rehabbed 08/2017, New Furnace 01/2018

Rent is $1200 - Tenant gets a discount if paid by the 1st of $250 - ($950 Monthly)

I have other properties in S. Suburbs as well. Call 7082574132

Monthly Income: $950

Monthly Expenses: $328.50

Monthly Cash Flow: $621.50

Pro Forma Cap Rate: 13.08%

NOI - $7458

Total Cash Needed - $36,5000

Cash on Cash - 20.43%

ROI Purchase Cap Rate - 21.31%

Post: Marketing Lists for Leads

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

I am looking for a marketing list company.  I would rather pay a subscription rather than a pay per lead service.  Can anyone recommend a good list company?

Post: NEW PROPERTY: Katy Flip or Rental - 180/20/250/1900 Rents

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

Can I get the address?  I would like to see it.

Post: Business Set up

Lamart ClayPosted
  • Investor
  • Katy, TX
  • Posts 11
  • Votes 0

I have been investing in real estate for a few years but I do not have a corp. llc or company set up. All (5) of my properties are in my name and I operate as a sole proprietorship. I also file my taxes as a sole proprietorship I need advice on whether or not to set up a company - if so what kind, possible income tax implications and a referral to an attorney/accountant for advice.  I want to protect my assetts, limit my tax liability and do it the "right" way.