All Forum Posts by: Montai Edwards

Hello All, 

I am considering reaching out to my local code enforcement officer to try and build a relationship. Have any of you done this before and if so, what did you say to initiate that conversation and did you find the relationship helpful in your endeavors?

Thanks in advance,

@Edmund Ricker 

I am on the other end of Jordan Kim's situation in that I will be purchasing a duplex to house hack and would like to look at options for tax preparedness. Would this be within your field as well?

Thank you,

Hello everyone!

I am a starting investor looking to build the resources and relations ship to buy and hold invest myself. If any of you are looking for boots on the ground and would like to save time chasing down leads I'm your guy! I would like to also offer my services as a wholesaler! If you would provide me your criteria, me and my team will beat the bricks to get you the deal you want! I am also interested in attending the Meet Up @Anthony Cennami!

@Brian Gibbons

When you say 50% of market rent are you suggesting that this should be what my payment to the seller is?

It hasn't had a tenant in it since May 2015, she left it vacant for sale. It has been heated and had the water on since. Would it be ethical to ghost advertise it with her permission BEFORE buying? To see the rate of response and interest in the property?
As for comps, I have looked for comps to do the math myself but  there no comps in the area, or maybe I do not know how to find them.
Again, Thank you everyone for all your help. If there is anything at all I could do to help you, please pm me.

Jeremy: I plan to lease option it, for cash flow then the big profit when the term is up.  would like to use the built equity in it for line of credit as well for further investment. Then have the tenant pay that down through amortization. Is that ethical? How would that work?

Lloyd: she would like what she was asking for it before which was 74,900 but she tried to sell it at that price for three years, its not going to move. Especially since that value has since decreased to 71,000 (estimated).

Thank you Tyler.

Yes Brian, 

She is look for an all at once cash payment. How do I do the numbers to come to an offer that makes sense from an invest standpoint from my side. I, too, am unfamiliar with the strategy you described.

Thank you.

I have a motivated seller that is asking for a cash offer on her property, is not interested in a lease option, and it does not need repairs. What calculation do I use for that specific deal to come to an offer? It has shown time and again that it will make a great buy-and-hold investment. People ask to rent all the time, as well as rent to own, but she is not interested in remaining a landlord.

I have a motivated seller that is asking for a cash offer on her property, is not interested in a lease option, and it does not need repairs. What calculation do I use for that specific deal to come to an offer? It has shown time and again that it will make a great buy-and-hold investment. People ask to rent all the time, as well as rent to own, but she is not interested in remaining a landlord.

I have a motivated seller that is asking for a cash offer on her property, is not interested in a lease option, and it does not need repairs. What calculation do I use for that specific deal to come to an offer?