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13 June 2024 | 1 reply
Hey all,
A developer I was talking to told me about a way to acquire properties by having the seller put the property in an LLC and transferring ownership of the LLC (or selling the LLC) with all it's assets to a new...
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15 June 2024 | 30 replies
@Kevin LeeWhile investing via Turnkey Rentals sounds easy, you should understand that you will be paying full retail, often even more, for the properties.
14 June 2024 | 6 replies
I reached out to my PM via phone monday 6/10, left a voicemail.
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15 June 2024 | 15 replies
Detroit is also seeing the expansion of our international trade activity via the two new bridge routes to Canada.
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14 June 2024 | 2 replies
They have adjusting equity positions via Cash Calls or preferred equity issuances should Y happen to Occupancy rate, rent rate, interest rate changes or project fulfillment.
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14 June 2024 | 8 replies
I submitted a request for a quote via their website.
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12 June 2024 | 10 replies
Investing time in learning the market so you understand what the much more helpful advice with street boundaries and heat maps really MEANS.
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13 June 2024 | 2 replies
Regular check ins via calls, texts, or emails are all great ways to instill a feeling of trust and transparency in our investors.
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13 June 2024 | 3 replies
Hey @Justin Sullivan - you can check out Events and Meetups forum via this link - https://www.biggerpockets.com/forums/521
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15 June 2024 | 54 replies
Linwood Ave from Dave Koehn | PDF Attachment8/29/2016 - Received photos of 2021 Linwood Ave from Dave Koehn at Morris Invest8/29/2016 - Brian Freeman e-mails Dave Koehn of Morris Invest to take the Linwood property8/29/2016 - Nicole Meckley emails Brian purchase agreement8/30/2016 - Nicole Meckley emails Dan from Paramount Title9/7/2016 - Sale closing of Property9/12/2016 - Nicole Meckley sends me info for the cost to rehab; ($5,100) | Estimate Attachment | Wiring Instructions10/3/2016 - Nicole Meckley responds to Brian Freeman that the flip is now complete and they will send photos and start marketing the property;Note that the property never needed to be “marketed” as there was purportedly a tenant already in place at the time of sale of the property (see 12/13/2016 below)10/13/2016 - Nicole Meckley writes that the flip is complete and she only has a photo of the furnace because there’s a tenant in already;Note that if any rehab was done it was while there was a tenant occupying the property10/18/2016 - Nicole Meckley writes all of the contacts at Oceanpointe to start rent deposits;Note that Oceanpointe likely received and collected a month rent without remitting it to the new owner from closing date of 9/7/201610/31/2016 - I notify Morris Invest that I have already been cited by insurance for an improper dog breed;11/15/2016 - I write Clayton Morris that I never saw the before & after rehab photos; I ask for the lease paperwork.11/18/2016 - Bert Whalen tells me he will send me the photos personally;11/29/2016 - Nicole Meckley writes an email with photos after the flip that are of poor quality; she sends the repair estimate that states what was fixed; | Part 2 | Estimate11/29/2016 - Brian sends payment by wire via Wells Fargo $2,55012/13/2016 - I inform the Morris Invest team that I still do not have a copy of the lease;12/13/2016 - Clayton emails me a one page lease signed by a Kent Stork on 7/2/2016 (prior to my purchase of the property - I did not notice this at the time)Copy of lease4/17/17 I write to Clayton Morris informing him that the taxes doubled from the advertised taxes for the property;11/2/2017 - I write to Clayton informing him that I am being sued by the Marion County Health Department; | Copy of Summons and Complaint11/3/2017 I write to Clayton Morris asking if it’s normal to get sued by Marion County; he replies yes that his office handles it;11/3/2017 I write to Clayton Morris informing him that is was a surprise there were so many reported issues with the property;12/29/2017 - I inform Clayton / Oceanpointe that I was cited again and he tells me that they are working on it.