All Forum Posts by: Jay Wright

Thanks for the reply. I am going to give this first one a go on my own. I have all the paperwork in order so far. Hoping it will be pretty straight forward. Tenant simply stopped paying.

After 5 years with no issues I have to tackle my first eviction. Unless of course he pays in the next 3 days.

If anyone has experience with eviction proceedings in Southfield, Michigan I am open to any advice and tips. Anything to make things move along smother and faster.

Huntington Bank in Michigan does HELOC on rental properties. I think they will do up to 4 at a time. They need a year of seasoning.

That is wonderful to hear @Bryan H. It's just awesome when a plan comes together. I received the same 10 loan info from my mortgage guy recently.

Best of luck in the new year!

Some of it seems high to me. Especially the title and recording fees. Here is a cash sale on a $19K home from Nov. 19th of this year.

I have used the same agent for every purchase to date. She goes above and beyond for me. So we have an agreement that she make a minimum amount, hence the $680 additional in my closing.

Had I not paid that my close would have been $1195.64 including taxes.

See you guys at the next one if I do not end up making it. Too much to get done before I leave for vacation.

Happy Holidays! Drive Safe.

Just got my quote back from National.

Going to stick with Whims in Rochester, MI. $1200 less per year with $1K deductibles rather than $3K on a group of 6 properties.

National did have better rates on vacant properties.

@George P. Thanks http://www.getpaint.net/ is the correct address.

@John Knappmann Apologies, Paint.net is the name of the software. I also tried the same address when first told about the app. It does much of what PhotoShop can do with the benefit of the best price - Free.

I have been meaning to post this for a while. Here is my last full rehab. Purchased without ever seeing the inside. :)

All that is left of the original house is the foundation, roof, and 75% of the studs

Some random during photos

Spent way too many weekends working on this house but in the end it all worked out.

Purchase: $26,001

Rehab: $35,000

Appraisal: $114,000

I have had this happen to almost every add I have placed on CL. Since I started watermarking my pictures I have not had a single ad spoofed.

Here is an example

Easy and free to do with Paint.net