All Forum Posts by: Mitch Messer

@Walter Parker I currently originate private loans in GA and PA, and I'm looking to do so in SC and OK this year.

I just reached out to you on LinkedIn. I don't message here on BP. 

@Sarah Young I couldn't find you on LinkedIn, but if you're considering alternate funding sources, let's chat! My BP profile explains how to reach me.

No worries: It's a fairly universal distinction across the U.S., including Columbus, OH.

An assessor ("auditor" in OH - https://property.franklincountyauditor.com/_web/search/commo...) determines value and enforces the millage rate; the commissioner ("treasurer" in OH - https://treapropsearch.franklincountyohio.gov/) issues the tax bills and collects payments.

You can google "debt collection" or "debt buyers" to find companies who do this.

In general, be prepared to collect pennies on each dollar of debt owed to you.

Hey @Rajib Bahar, congratulations on getting the judgment.

I'm not exactly sure what you mean by "zillow can pull that information." Can you clarify?

Also, how large is the judgment?

You've got four options:

1. Try to collect on the judgment yourself

2. Engage a debt collector to collect on your behalf

3. Sell the judgment at a discount to a debt buyer

4. Move on with your life

However, for options 1-3 to be viable, the judgment needs to be large enough to be worth the effort. If it's not more than $5K, you're probably best off moving on. 

Hey @Karthik Natarajan:

The Franklin County Tax Assessor website (https://www.qpublic.net/ga/franklin/) will tell you the current assessed value of the property, the tax rate (i.e., millage rate), and estimated property tax.

The Franklin County Tax Commissioner website (https://pay.franklincountyga.com/) will tell you the actual property taxes for the current year and previous ones. This is the site you want to visit!

Happy hunting!

Understood! 

I've worked with Alexia Niketas, now with Riley Pope & Laney, for well over a decade! We've done numerous subject-to, private debt, and JV deals under her counsel. She's smart, experienced, kind, and she's licensed to practice in both SC and GA!

I'd be delighted to make a personal introduction, and I'm just as eager to discuss life and real estate here in sunny Medellín, Colombia!

However...

The BiggerPockets powers banned me from the messaging platform here many years ago, so you'll have to connect with me directly via email, LinkedIn, or phone. My BP profile explains how. 

I, too, aim to be as accommodating to residents as possible.

However...

For my own liability protection and personal sanity, I'll only schedule our group viewings for when the resident can be physically present.

For one thing, I'm a digital nomad (currently living in Colombia), so I'm likely never going to be conducting their viewing myself.

But mostly, I don't want a resident claiming that some priceless heirloom went missing or got damaged after holding a showing in their absence.

We'll pick a convenient time, typically 1 hour on a Saturday afternoon, and set appointments for up to 6 pre-screened buyers to take a look. We provide the residents with a list of names and phone numbers in advance, and warn the buyers NOT to arrive early OR stay past the end of the viewing.

At the end of the viewing, our resident gets their e-gift certificate immediately by email or text.

They are usually delighted and often ask us when they can host another!

Also:

Prepare and obtain signed and notarized estoppel letters from every tenant attesting to: lease start and end dates, rent payment amount, security deposit paid, any verbal agreements made with landlord, any maintenance/repairs requested but not yet addressed by landlord, etc.

Why?

Because, you as the buyer will want written confirmation at closing that what's written in the lease is what is really taking place. I can't tell you how many times we've had landlords and tenants admit that the written lease amount wasn't what was actually being paid each month. Oops!

Those undisclosed and off-the-books verbal agreements between landlord and tenant can often come back to haunt you, often right when you are trying to evict down the road and the tenant whips out some handwritten note signed by the former landlord while you're in court. Surprise!

Hey @Valerie Williams, welcome to BiggerPockets!

What kind of investing are you looking to do, and are you planning to do it in Columbia, SC?

Hey @Craig Simak, are you looking for an attorney to conduct real estate closings, someone to help with entity structuring, someone skilled in landlord/tenant law, or something else entirely?

I work with some great SC attorneys, but I want to make certain I'm sending what you need.

Let me know!