All Forum Posts by: Luke Lawrence

Besides what is already mentioned. Try Facebook marketplace.

I would think the best way to handle it would be to tell the owner what happened and have a quote ready to tell him or her how much it would cost to fix. I do not think the tenant is responsible. I think it will be hard to track down who shot the bb and have them pay for it. I would probably get it fixed ASAP and have the owner pay for it. Then try to get the parent of who shot the bb to reimburse you.

I always thought it has to be any two years out of the past 5 year history. I assume you will be fine, but wait around for someone to give better advice.

I’m not from that area so I have no clue. However, what I’ll do to analyze deals sometimes is just go through Allstate or Geico and actually quote the property. It takes a few minutes and you’ll get an accurate quote. However the last house I bought I went through an agent and we wrote the insurance about half of what Geico and Allstate quoted. That’ll at least give you options.

@LeArcashei Moore yes I would love for you to let me know any onformation about a potential meet up. I’ll check on meet.com. 

And yes I have one property, but looking to buy more. I wish I could say more I feel like the student rentals are tough to get into due to the princeing and 1% rule. I sent you a connect request. Let me know anything else I can do. 

LeArcashei Moore I am pretty sure they are illegal, but check with someone else. I know that TDOT will drive around and pick up those kind of signs. I hope that helps. Also, could you please post information regarding the real estate meet up in Tuscaloosa? I visit Tuscaloosa often and have property there. Thanks

Gorden Lopes Hi Gorden, I’m located in the Birmingham market and would love to connect. Let me know if you have any questions. Thanks.

$450,000 seems really high. Also, would you feel safe living in a class D neighborhood?

A umbrella policy will be inexpensive for that amount. The good thing about setting up and LLC would be the added benefits of it. However, day you set up an LLC then have a large lawsuit you could potentially loose everything in the llc. I would at least start with umbrella and then work toward both.

Justin Taylor welcome to BP. Let me know if you find any wholesale deals in the Tuscaloosa/Birmingham area. Good luck!