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All Forum Posts by: Tom Evans

Tom Evans has started 7 posts and replied 29 times.

Post: House on septic tank Pros and Cons

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

Micheal Plante the lord really really really loves you. I have septic at my home and it’s been dug up 4 times in 32 years. Every time something happened Mr Turd and his family start floating around in my basement. I will say that my area has a lot of clay, so my 4 children and bad dirt is the main culprits. I also get scared when I hear that “they” are going to start checking systems every couple years.

Post: House on septic tank Pros and Cons

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

I would advise that you run if you hear the words septic system. Everything Bonnie said is true, but she only spoke about a city sewer. When you purchase a property with septic and the system checks out, that doesn’t mean it won’t go bad in 6 months. The municipalities normally have approved contractors that are the only ones that can work on your system. Sometimes the whole system has to be up graded to meet code. I got an estimate on one system for $38,000. If you try to use your own contractor you might as well tell the mob you’re taking over their city. The estimates are going to be high because of lack of competition. All of your renters are going to say “I didn’t flush any diaper wipes or feminine products down that toilet”. I also had a 10 year old remove a 200 lb lid off the tank and proceeded to throw in a broom stick and a bunch of rocks. Needless to say I sold that property. That’s my 25 cents. Good luck.

Post: Buying a Multifamily

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

Tell your aunt how much you love her every morning. As an electrician your income will increase every year so you can save a lot of money. Don’t be in a super hurry to purchase anything. At 25 I would be thinking of managing my first investment just for the experience. If you do end up with a multi family, pretend you don’t own it. Stack that cash and keep on educating yourself. The best of luck!!   

Post: Land for sale in Ontario Ohio

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

We have approximately 4 acres of property for sale in Ontario Ohio. We are willing to trade for a house . The land is worth (we have invested over $30,000) less than a house so we would be willing to come up with the rest of the money. Let me know, thx TomWrite your post

Post: we got a house at the sheriffs auction (not)

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

I talked to the sheriff today. He said these sales depend on a judges ruling. They know the bank would lose $21,000. After the judge makes a ruling the banks insurance would cover their loss. So more than likely they would rule against me. He said it is dumb the way they run it. The lawyer said he would file Thursday  if I didn't call back and take the deal. I didn't call so we'll see what happens next.

Post: we got a house at the sheriffs auction (not)

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

Last Friday we bid on a house for $34,000 against one other bidder and won. After the auction was over, we went up to write a check for the deposit. A lady approached us and said she was there to make sure the bids reached $55,000 (which the bank is owed). She was representing a law firm that was representing the bank. She made a mistake and missed bidding on this property and offered $200 for me to go away. We were shocked and didn't know what to do. She called her boss and he upped the offer to $500. He then called her back and ask to speak to me. He told me I should take the money because he would take me to court and get this vacated. He said that he has seen this happen several times before and he knows of no case that has not come out in the favor of the bank. He also said that he offered the money so he wouldn't have to report this back to the law firm he represented. We made a deal with the sheriffs department to not turn in the paper work or check for a week. So we now have 3 days to make a decision.

Everyone at the sheriffs department says we have no chance to win this case. We have spoken to a few attorneys that said we have a good case. Has this happened to anyone else out there? Your feedback would be appreciated. Thanks Tom

Post: Mansfield Area

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

They wouldn't let me leave a phone nr. That's a website and number I can be reached at. 

Post: Mansfield Area

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

a1evans snowplowing.com

Post: Mansfield Area

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

That's my market and I think it is pretty good.

Post: Beginner College Student

Tom Evans
Posted
  • Investor
  • Mansfield, OH
  • Posts 35
  • Votes 7

hey Ian, welcome to BP.

      I'm a buy and hold guy from Mansfield, Ohio. I have 8 sfh's and one in contract at this time. That's my little niche, so if you are interested contact me. Also I'm looking for some SEO help. If you know anything about it or someone who does, let me know.

good luck, Tom