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All Forum Posts by: Account Closed

Account Closed has started 8 posts and replied 16 times.

Post: Is Umbrella Insurance a good buy?

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

Is having an Umbrella Policy good insurance?? I have several properties and they all have their own individual policies. Is there anything specific I need to look out for. Any recommendations of companies or do I stick with who I have the individual policy with? Thanks.

Post: Mobile Home Park Valuation

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

Found a 38 lot park that has been totally run down. Basically 0 income. 38 lots with water and sewer. All the homes will need to be removed and the roads re-scraped. My idea is to buy new mobile homes a few at a time, get them rented, buy a few more etc etc, How do I evaluate what the lots are worth without any income?

Post: creating and selling my own notes

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

I am presuming the mortgage you have now is a NON RECOURSE loan. If so I think selling with seller financing makes tons of sense. You can get a premium price. When I have sold with SF I always ask how much they have for a downpayment. You may be shocked how much a potential buyer comes up with. Obvious to say the more down the better. You are now the bank. A lot less headaches.

Post: Buildium as a PM Software. YES or No.

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

Thanks. I dont hear of many Property Managers using it, yet those that do use it love it.

Post: Buildium as a PM Software. YES or No.

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

Does anyone use Buildium for their PM Software? I have 17 rentals and plan on buying about 20 more. What are the Pros and Cons. Thanks.

Post: Tax Attorney review needed

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

Looking for reviews good and bad for a Tax Attorney called Tim Berry. He is out of California. I have heard him on The Epic Real Estate Investing Podcast. He seems like he is legit. Just wanted to check him out.

Martin

Post: Tax Hacker Tim Berry

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

Thanks. I will try it.

Post: Tax Hacker Tim Berry

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

Looking for reviews good and bad for a Tax Attorney called Tim Berry. He is out of California. I have heard him on The Epic Real Estate Investing Podcast. He seemds like he is legit. Just wanted to check him out.

Martin

Post: Phone System Recommendations

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

I have been using Pat Live for several years and can say they do a good job. The bad is the cost. I pay $150 per month.

I am looking for a recommendation on a phone system to answer calls not necessilary a live answering service. Some have told me Freedom Voice works well.

Thanks

Post: LOOKING FOR REAL ESTATE INVESTORS TO HELP EXPAND THE COMPANY

Account ClosedPosted
  • Real Estate Broker
  • Raleigh, NC
  • Posts 19
  • Votes 1

Would love to chat with you. Give me a call at your convenience. 

Martin Molloy

919-696-7600