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All Forum Posts by: Sedgrid Lewis

Sedgrid Lewis has started 6 posts and replied 24 times.

Most experts say to keep upgrades to the level of the neighborhood, but! if you can find cheap materials on facebook, craigslist, etc then go for it

Post: Who knows about Landbank properties?

Sedgrid LewisPosted
  • Posts 25
  • Votes 8

It depends on the lanbank. Most require you to repair the property for sale, rent, or occupy. Deed is held in escrow until the property is renovated. They are anti wholesalers. Most wholesalers look for tax deeds and certificates to wholesale

@Quinton Bogle its not illegal if it's a re-entry house. This type of house only provides room and board which is different from halfway houses that provide services

Any updates on insurance during the rebuild phase

Tameka

What was your experience with Castlerock? I have an offer out on a property in GA

You need to go through a closing attorney before you get into trouble. My seller finance deals went through the normal closing process. Since you are helping him out then I would only put down 20k

@Bettina F. Thank you for the feedback 

Part of my point,because now we have young people that are on the sex offender list for sexting in college. They are now being illegally denied housing 

You guys are buying in to the stereotype of who is a sex offender! Female sex offenders recidivism is lower than 5%.

https://www.researchgate.net/publication/49629947_The_Recidivism_Rates_of_Female_Sexual_Offenders_Are_Low_A_Meta-Analysis

These women have children and need shelter. Remember it’s illlegal to discriminate! Parole boards and non profit organizations are looking for landlords to refer clients.

You would still screen them! I think it may be a strong rental pool for the right property