All Forum Posts by: Marvin McTaw

 Your response is hilarious! I agree with you. Will there be a decline in the real estate market? Sure. When will it happen? No one knows with certainty.  

@Lekisha Cole earnest money is typically deposited after an agreement is signed. Most agreements have a window of a few days after agreement signing (or binding agreement date) for earnest money deposits to be made but it is something that can and often is negotiated. I think the bigger issue here is the Seller's trust. Work to build rapport, figure out their needs and then highlight how your accomplishments can help to solve their needs.  

I would encourage you to deposit the money to get the agreement signed if you're working with a Seller who's requiring you to put up what you would deem a small amount of money. If it is a sizable amount of money, we would explain the way things are done and do other things to build rapport and trust with the Seller. It can be helpful to have an authority figure like your closing attorney to explain the way deals are typically done with the Seller.

We've put up earnest money deposits large and small, slowly and immediately to not only closing attorneys but also directly in the Sellers' hands. Giving money directly to sellers is not typical for us and we only do it when it makes sense for the specific situation.

I hope it helps! 

P.S. Apologies for my delayed response here. Thanks for the shout @Amanda G. 

@Brian Hatcher apologies for the delayed response here as I missed your post. We have it under contract and have a tentative closing set. There were some title issues that are almost fully resolved. Let us know if you'd be interested in being a backup buyer here. 

The contract for this all-brick three (3) bedroom, one (1) bathroom home - with an additional one (1) bedroom, one bathroom in-law suite - at 128 Sewanee Ave NW Atlanta, GA 30314 offers fantastic return opportunities for fix and flip and landlord investors!

Rehab investors can potentially earn cash-on-cash returns of 33% or greater with the contract for this property. Landlord investors can expect rents of $1,200 or more generating substantial positive cash flow and cash-on-cash returns in excess of 15%!

Repairs Needed: Standard cosmetic updates needed for landlords. Standard renovation needed for rehabbers; systems are in good shape.

Additional Data: The main floor has three bedrooms and one bathroom and is 1,216 sf. The bottom floor (above ground) is an in-law suite with one bedroom and one bathroom, and has its own kitchen and entry, and is roughly 800 sf.

Vacancy: Tenant on a month-to-month lease.

Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Wednesday, November 14th at 2 PM ET or check out our website at http://www.bmsells.com/property/ for more information.

The contract for this two (2) bedroom, two (2) bathroom condo at 801 Ivy Green Ln SE, Marietta, GA 30067 offers fantastic return opportunities for Buy & Hold investors!

Landlord investors can expect rents of $1,200 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 13%!

Repairs Needed: Minor cosmetic updates needed to get this condo rent-ready.

Additional Data: Located in a great Cobb County school district which includes Wheeler High. HOA is $307 per month and covers water, sewer, trash, exterior and common areas.

Vacancy: Tenant on a month-to-month lease.

Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Tuesday, November 13th at 11 AM ET or check out our website at http://www.bmsells.com/property/ for more information.

The contract for this three (3) bedroom, two-and-a-half bathroom (2.5) lakefront property at 25 Lakeside Dr, Ellenwood, GA 30294 offers fantastic return opportunities for Buy & Hold investors!

Landlord investors can expect rents of $1,200 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 12%!

Repairs Needed: This vacant .75-acre lakefront property is in great shape and ready for a tenant. For rehab buyers, simply finish the basement for a quick flip.

Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Friday, November 9th at 11 AM ET or check out our website at http://www.bmsells.com/property/ for more information.

The contract for this three (3) bedroom, two (2) bathroom single-family residence at 5813 Bobbin Ln, Lithonia, GA 30058 offers fantastic return opportunities for landlords AND fix and flip investors!

Rehab investors can potentially earn cash-on-cash returns of 21% or greater with the contract for this property. Inventory is low and demand is still high in this area. Smaller, renovated homes like 5927 Dart Dr and 1978 Spencer Oaks Ln have sold for $145,000 to $150,000 recently.

Landlord investors can expect rents of $1,200 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 11%!

Repairs Needed: Aside from new carpet and a few cosmetic improvements, this property is rent-ready. It will need to be updated to maximize its resale value.

Vacancy: Tenant on a month-to-month lease.

Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Wednesday, November 7th at 2 PM ET or check out our website at http://www.bmsells.com/property/ for more information.

The contract for this two (2) bedroom, two (2) bathroom townhome at 318 Smokerise Cir SE Marietta, GA 30067 offers fantastic return opportunities for landlord investors!

Landlord investors can expect rents of $1,200 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 12%!

Repairs Needed: Some updates have been done recently. There is likely a minor flooring issue that needs to be repaired, but other than that, it's nearly ready for a tenant.

Additional Data: Located in a great Cobb County school district which includes Wheeler High. HOA is $285 per month and covers water, sewer, trash and well-maintained exterior (including pool and tennis).

Vacancy: Tenant on a month-to-month lease.

Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Wednesday, November 7th at 11 AM ET or check out our website at http://www.bmsells.com/property/ for more information.

The contract for this two (2) bedroom, two (2) bathroom townhome at 318 Smokerise Cir SE Marietta, GA 30067 offers fantastic return opportunities for landlord investors!

Landlord investors can expect rents of $1,200 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 12%!

Repairs Needed: Some updates have been done recently. There is likely a minor flooring issue that needs to be repaired, but other than that, it's nearly ready for a tenant.

Additional Data: Located in a great Cobb County school district which includes Wheeler High. HOA is $285 per month and covers water, sewer, trash and well-maintained exterior (including pool and tennis).

Vacancy: Tenant on a month-to-month lease.

Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Wednesday, November 7th at 11 AM ET or check out our website at http://www.bmsells.com/property/ for more information.

The contract for this townhome at 4308 Lake Vista Ct Nw Kennesaw, GA 30144 offers fantastic return opportunities for Buy & Hold investors!

Landlord investors can expect rents of $1,200 or more generating substantial positive cash flow. At this rental rate, landlords would earn cash-on-cash returns in excess of 11%!

Repairs Needed: This vacant townhome has had some updates in the last few years and all internal systems are in good shape. It's nearly rent-ready, but would need further updates to maximize its resale value. Additionally, this property has a finished basement and is located in a very good Cobb County school district.

Don't lose out on this opportunity to secure the lowest cost, best value property in the neighborhood making this a winning investment property! RSVP for our one and only inspection on Tuesday, November 6th at 11 AM ET or check out our website at http://www.bmsells.com/property/ for more information.