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All Forum Posts by: Timothy Winfield

Timothy Winfield has started 6 posts and replied 76 times.

Post: Does the title company need my SSN to close???

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26

@Joe Splitrock I closed on the property and did’t need to provide anything. When buying cash that information does not need to be disclosed.

Post: Hello World! I am new to BP & RE investing. Any pearls of wisdom?

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26

@Isabella White dont be scared to make to deal. Do your homework, analyze the deal very throughly and pull the trigger! You can do it!

Post: Does the title company need my SSN to close???

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26

I will be closing on a house within the upcoming days. The title company asked me for my SSN,which raised a red flag. Why do i need to provide my SSN if I am buying the house cash. It dosent make sense. I am domiciled in East Baton Rouge Parish in the state of Louisiana.

Post: buying foreclosure

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26

@Susan H. How did things go with buying this foreclosure? Let me know I’m very interested.

Post: $200,000+ rents in 1 year - 10X cash flow

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26

Great post I love this and it was great to read! Give me more!! 

Post: Do I have to honor and old landlords lease

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26
Jeff G. Thank you Mike Cumbie I appreciate both of you guys input.

Post: Do I have to honor and old landlords lease

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26
Mike Cumbie thank you so much I thought that since I will be the new owner I wouldn't have to honor it but I will just ride them out thanks.

Post: My first big payday! $13,700

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26
Congrats

Post: Do I have to honor and old landlords lease

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26
Hello BP, I'm buying a duplex and it is already leased out. The current rent rates are severely under fair market value. The surrounding rents of at least two other duplexs within a blocks radius are renting for 1k a month on each side. My question is do I have to honor the previous landlords lease?

Post: $1,300,000 Deal at Age 21 & I'm Retired!

Timothy WinfieldPosted
  • Rental Property Investor
  • Baton Rouge, LA
  • Posts 78
  • Votes 26

congrats very inspiring and motivating!! Could you share the financing and how you got the deal funded?? @Abraham Anderson