All Forum Posts by: Cardwell Thaxton

Welcome to the Tribe.

Happy Tuesday Jenny!!  It's wonderful to learn more about you and your passion for interior design and Airbnb styling. I believe that first impressions are crucial in the rental industry, and your design touches can undoubtedly set the tone for a memorable experience for renters.

Welcome to Bigger Pockets Jenny! 

If there's anything you need or if you have any further questions, please don't hesitate to reach out to the group.

As Realtors start with RPR (Realtors Property Resource) first. It's part of your NAR membership and free!! You can pull most of the same lists as Propstream. I wish I had known that before subscribing to Propstream but at less than $100/month I'm going to keep Propstream as well for now. (do some A/B testing). I'm very happy with RPR. And like Propstream, I just need to run it through a skip tracer and It's GO time. Check it out. Let me know what you think

I think you've learned enough from this guy. I've just moved from central jersey (Mercer County) to south jersey. Let's talk. I would love to team up with you. I'm tired of Propstream and the VA I have.

Let's get together and dominate.

I'm renovating a 2-unit.  I need a bedroom added to the first floor and a bathroom on the 2nd floor above the 1st floor bedroom addition.  I want a contractor that's ready to go! First thing is identify the materials needed, 2nd, what's the labor cost, 3, can you start tomorrow?
Who do we know??

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $12,000
Cash invested: $55,000

two unit ;complete renovation in progress; plan to hold

What made you interested in investing in this type of deal?

the purchase price

How did you find this deal and how did you negotiate it?

talking to a client, discovered she wanted to sell

How did you finance this deal?

my own cash

How did you add value to the deal?

it's a complete renvoation

What was the outcome?

in progress

Lessons learned? Challenges?

don't do anymore complete renovations

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

sure

Call or tex me. I have a Commercial agent on my team. 

Thank you Eddie

Thanks Todd.

Maybe I should have mentioned that the property I'm going to purchase is thru a quit claim deed.

I do appreciate your quick response.

I'm purchasing a property from a seller who purchased it from the city a few months ago.  And I'm considering buying properties directly from the city with this sellers help.  Should I run title searches on these properties?  Or can I assume what is in the past will stay in the past?

And how about if I purchase properties from the auction sites?  Do I need to a "deep dive" title search done?