All Forum Posts by: McKellar Newsom

I agree with J Scott. 25% off isn't a low-ball offer in this market.

I like to make low offers and keep submitting them even after they are rejected. I try to watch properties until they actually close with another buyer. You never know when a seller will come back ready to accept your "low-ball" offer.

At the BP Summit, I met a lot of nice investors from Texas. I think you can learn a lot and save even more by contacting some of them. Good luck. mck

I have a name and phone number for getting NASB non-recourse loans. Feel free to PM if you would like the info. I'm not sure I can put someone's phone number on this site. mck

Thanks for your comments. Will Barnard and Jake Kucheck

I've never flipped a condo and have been skeptical because of the HOA issue. HOAs can change their rules, structures, etc. That said, I've seen some interesting condo possibilities in my area recently.

Jake, you made an interesting point regarding having a better idea about the market values.

Will Barnard What's you take on flipping condos versus single family homes? Thanks. mck

Thanks Rob Marsh!

Thanks Ed O. and Rob Marsh! I really appreciate the advice. It looks like Goodman will work out okay and that I need to focus on a good installer. I believe I found someone. Thanks mck

Hi Rich Weese,

Thanks for the heads up on this article and report. I was glad to see Chattanooga was on it. Texas looks like it's poised to spring back quickly. North Carolina and Florida appear to be improving quite a bit.

I know there is a lot of inventory still out there as well as shadow inventory, but I see signs of improvement in my area. In 2008 and 2009, family and friends urged me not to buy real estate. As I was getting my hair cut (and dyed) yesterday, two hairdressers asked me for advice regarding buying rentals and personal homes.

Thanks Jon K.

I found a new Goodman 2.5 ton and decided not to replace the inside at this point. The price ended up being 1500 plus 100 (1600 total) to help get air through to the inside vent.

I like to get really specific with my goals but leave some room for flexibility.

I add my own acronym "osb" behind all my goals. OSB stands for "or something better."

Can you give an example of a direction (or goal) you were considering? Jon K. mck