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All Forum Posts by: Luke Davis

Luke Davis has started 13 posts and replied 29 times.

Post: Looking For Good Handyman in Phoenix Area

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

Hello everyone! 

Looking for a good handyman for a close friend of mine with a multi family property. They have about 14-units in the greater Phoenix Area. Any suggestions would be much appreciated. Thanks!

Post: Investing in Mobile Homes

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

Hey everybody,

Just curious... has anyone had any luck investing in mobile homes? Not the actual park, but the units themselves. They're cheaper to buy, but I've heard negative things about them. The main problem being, they don't appreciate well. 

Post: Anyone currently investing in Knoxville?

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

Madigan,

1st off, you have a really cool name! Anyways, I'm from East Tennessee, and a market that gets overlooked by out-of-state investors is Cleveland, Tennessee. It's just north of Chattanooga, Tennessee which is also booming right now. Volkswagen and Little Debbie have built giant factories in the area that have jobs/people flooding in. 

There is also a large data center Facebook is building in the region that will have a lot of people from Chattanooga commuting. 

Housing is cheap around there, especially for someone who lives in Colorado. You should check it out, happy hunting!

Post: Help! Potential Motivated Seller

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

@Barry Pekin I really like your advice of checking back in. Like you said, this probably isn't a deal, but I'm curious to see what he's going to say in a month. Thank you!

Post: Help! Potential Motivated Seller

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

@Joe Villeneuve

Thanks Joe! It definitely would need some work from the few pics of the front I saw on Zillow. Thank you for the advice, I’ll keep rolling along!

Post: Help! Potential Motivated Seller

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

@Jordan Knight

Yeah, that makes sense. I think I’ll just move along like you suggested. I appreciate the help!

Post: Help! Potential Motivated Seller

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

@Jerryll Noorden 😂😂 don’t know about all of that

Post: Help! Potential Motivated Seller

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

So I have this guy text me back from me calling me and he gave me a price he would sell, 24 hrs to close the deal, and no negotiation.

I try to loosen him up with some banter, but he wouldn’t budge. I can’t tell if he’s serious, or if he’s testing me.

That being said, I went on Zillow to see the recently sold houses and the houses were selling for more than he was asking for! I asked for more time to analyze to which he responded, “no.”

Should I try to come up with something, or should I move along?

Post: How to Get A Second Phone Number

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

@Mitch Messer nice!

Thanks Mitch

Post: Difference between ROI and Cap Rate

Luke DavisPosted
  • Contractor
  • Phoenix, AZ
  • Posts 29
  • Votes 15

@Steve Morris thank you! This helps a lot!