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All Forum Posts by: Tom Kelly

Tom Kelly has started 10 posts and replied 66 times.

Post: Probate -- contact the attorney?

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

Be prepared to wait. Probate is not a quick process. The lawyers need to justify their fees. Three years is not unusual.

Post: Pot growing renter

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

I have to think that the amount and levels of humidity required to grow pot would not be beneficial to the home. Not to mention spillage to the floors, wood or carpet.

Post: Beware of accepting Paypal

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

The Paypal deal is an ongoing scam.. Just Google it. My son listed his Audi TT for sale and someone offered to buy it and pay via Paypal. They did not even want to see it or drive. They were sending a flatbed. Once they pay and pick up the car/vacation etc they contact Paypal and say that it was "not what was advertised". Paypal automatically takes their side and you have to prove them wrong! In the meantime, they have your car and papers or their vacation and you are stuck. Be thankful that it was only $500.00.. Sorry and good luck!

Post: Funding to purchase first investment property.....

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

Christie,

It is not easy but you need hard facts and figures for an investor to look at. They need to see the profit for not only you but them. Timelines are critical because they are tying up money and expect a certain yield.

Don't give up!

Tom

Post: investing 100,000 cash for 4 consecutive years?

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

Robert,

Great suggestion. In the case of investing with the flipper or long term real estate investment, how would the investment be secured? 

Thanks in advance 

Tom

Post: Landlording Advice

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

I'd mail him a check for $25..It is not worth your time.

Tom

Post: Landlording Advice

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

I'd mail him a check for $25..It is not worth your time.

Tom

Post: Newbie from Tampa, FL

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

Rodrigo,

Welcome, and I am also in Tampa..Good luck!

Tom

Post: Painting rental

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

Aleemah,

I had my entire upstairs painted including the trim and the doors. Looks great! My problem is that in comparison, downstairs looks "aged". Time to call the painter.

Tom



Post: New in Charleston, SC!

Tom KellyPosted
  • Real Estate Investor
  • Odessa, FL
  • Posts 66
  • Votes 15

I have never been to Oregon! Enjoy!