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16 November 2018 | 0 replies
You can block out the address.
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4 December 2018 | 20 replies
My note investing goals;Buy lowNon-performingHold and collect mortgage payments Resale to an investor looking for performing note Address: 2124 Tullis Dr Montgomery, AL 36111Asking: $42kLayout: 3/1, single family homeArea: CLien position: 1st UPB: $80,968.80Monthly mortgage payments: $719.78Sale comps: $62k Rental comps: $600 per month4 months behind on mortgage paymentsTaxes: $218/year (actual, from county website)Insurance: $217/yr (based on a formula for a home in the 50k-60k range)Here are my thoughts on how to underwrite it: Offer: $28k Fair Market Value: $62k Modified mortgage payments: $650 monthlyPayment upfront: $5kI came up with the 5k based on lawyer fees, BPO, tax for the yr, insurance for the year and servicer fees.
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2 December 2018 | 5 replies
I just closed on a duplex in Grove Park, my third property in Atlanta, and I'm looking for a great contractor to help me out with some minor rehab on the building.
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2 December 2018 | 10 replies
The other thing is that I’m looking for properties where we can add a decent amount of value (30-50k in rehab) but have mostly found an overwhelmingly amount of newer properties.
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21 November 2018 | 7 replies
The realtor can help you with property comparables, days on market, how much available inventory in your market (your competition), how much to to improve your target property (you don't want $1000 faucets in a home where the other homes that were recently rehabbed and have recently sold had $300 faucets, etc...).
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21 November 2018 | 8 replies
I get their name from the County or probate or whichever list you are working on and then skip trace the names/address to get phone and emails.
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23 November 2018 | 1 reply
Flipping the property and sticking to the numbers and not trying to overdo the rehab What was the outcome?
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20 November 2018 | 11 replies
Run the address against the state tax website (treasurers website usually) and see if it comes up with owners info.
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17 November 2018 | 2 replies
The systems and processes we have built during this year from the previous purchase has really helped us by identifying concerns and how to address them quickly and confidently.
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1 December 2018 | 5 replies
For rental rehabs I like Park Circle, Hanahan, and 29407 West Ashley.