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All Forum Posts by: Morgan Smith

Morgan Smith has started 10 posts and replied 39 times.

Post: 27 Properties in Birmingham/Hoover MSA for $1,500,000

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Septic is good in our area. Finance yes, to an extent, would be able to get you hooked up with some lenders in our area. 

Post: 27 Properties in Birmingham/Hoover MSA for $1,500,000

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Our family is looking to divest our rental portfolio. We have no time-frame just wanting the right price. Please see link for information on the properties. 

Link to PDF

Yes these are more expensive than most; however note the following:

1. We don't have any problems renting these out

2. To buy this many properties you would have to hire someone on the ground 

Post: 30 single family rentals for $2,000,000.00 in Birmingham MSA

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Please PM me for more information, but here's what I have (i'm the owner of these properties not a wholeseller)

General Information

1. Owner is not needing to sell! These houses have been money makers and will continue

to do so; however, he/she is willing to sell them at the above price.

2. This is an all or none sell, there will be no cherry picking of houses.

3. The houses are not and will not be listed on the MLS, this is an exclusive offering.

4. Please do not contact tenants or stop at the houses, drive by’s only are permitted

a. The tenants are not aware that the houses are for sale.

Property Information

All of the houses have the following attributes:

‐ Outside of Birmingham City limits one in Tuscaloosa close to Univ. of Alabama campus

‐ Have clear title and a warranty deed will be provided

‐ On Septic (no Jefferson County Sewer) the one in Tuscaloosa is on sewer

Mapping/Directions of Property

https://mapsengine.

Post: Investor Friendly Insurance providers? Arcana Insurance

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Hey, all any one every use Arcana Insurance:

http://www.arcanainsurance.com/

There program looks too good to be true, hardly no paperwork and you just add and delete properties when you choose via a website. 

Post: Raw land

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Mrs. Tiffany, reaching out to you on facebook, since we are facebook friends. Glad to see another U of A grad on biggerpockets. 

Post: Triplex in Birmingham Al, first deal

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Every SFD in the city of B'ham is required to have a biz license. 90% of landlords don't know about this, but if B'ham wanted to they can go after you for this, retroactively w/ Irate penalty. It's a risk that i'm not willing to take. 

Post: 3/2 in non-crime area of Birmingham - wholesale

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Here's the link to the property, I own it. 

http://bham.craigslist.org/reo/4606539148.html

Post: New member from Birmingham, AL / Dallas, TX

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Join up with a real estate company over there and shadow work for free with a realtor, get your license and you'll be ahead of most. 

Post: Need advice about Wholesaler friendly closing Attorneys Birmingham. AL

Morgan SmithPosted
  • SFR Investor
  • Birmingham, AL
  • Posts 44
  • Votes 7

Brian M. Cloud, Esq.

Cloud & Willis, LLC

201 Beacon Parkway West, Suite 400

Birmingham, Alabama 35209

(205) 322-6060; ext. 107

(205) 201-7272 -- direct line

(205) 201-7288 – facsimile

[email protected]

www.cloudwillis.com

Oh and sold illegally, probably means that she didn't know about the foreclosure... but who knows. 10 bucks says she has no interest at all in the property and she is looking for money.