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All Forum Posts by: Richard Samuel

Richard Samuel has started 2 posts and replied 6 times.

Post: Financing a rental

Richard SamuelPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 8
  • Votes 1
Quote from @Marcia Bruno:

Good Day Dustin,

I hope everything is working out for you.  I've talked to couple RE agents and for the most part, they are great at sharing their insights to investors. I'm currently interesting in wholesaling homes on St. Thomas and St. Croix and have establish a great rapport with couple RE agents.  

Marci 


 Marci,

Good day. Would you please share with me the agents that you work with on St. Croix? I am interested in investing on the island.

Post: Private money contract template

Richard SamuelPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 8
  • Votes 1

@Dominic Bouchard

Can I please get access/link to that contract as well?

Post: Should I take this rehab

Richard SamuelPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 8
  • Votes 1

@Matthew Irish-Jones thank you for the insight. I will keep that in mind that the repairs can blow or shrink my margin.

Post: Should I take this rehab

Richard SamuelPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 8
  • Votes 1

A seller who is willing to owner finance a property. The purchase price is $94,000 1050sqft.

Seller wants $30,000 downpayment

Rehab is around $20,000-$25,000

-mostly cosmetic and updating.

-painting and flooring

-possible new roof

-HVAC

On the low end the ARV is $150,000.

Is this worth investing?

Post: Multiple listing Services

Richard SamuelPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 8
  • Votes 1

@Christopher Phillips

Thank you for the information. I will look for the owner occupied box.

I do know about the county records that shows details about the owner and property history. Going through method for every property will take time to screen and not very time efficient.

I am looking for a way to generate a list of absentee owners through the MLS.

Post: Multiple listing Services

Richard SamuelPosted
  • Real Estate Agent
  • Atlanta, GA
  • Posts 8
  • Votes 1

On Episode 58, the guest spoke about using the MLS to search for absentee owners. How do you run that search on the MLS? Most listing agents do not post the owners information on the listing.

I do have access to my local MLS.