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All Forum Posts by: Charles Biter

Charles Biter has started 0 posts and replied 68 times.

Post: Hot Cheap Investment Areas

Charles BiterPosted
  • Rehabber
  • Clarksville, TN
  • Posts 74
  • Votes 44

If you only have 10K to invest you need to start out wholesaling.  It is the fastest way to make cash.

Post: Clarksville Tennessee Investors

Charles BiterPosted
  • Rehabber
  • Clarksville, TN
  • Posts 74
  • Votes 44

You should come to our monthly Clarksville REIA subgroup.

Nathan,

No it is not what you should expect.  I have several rentals (that I self manage) and the military are my best renters. First of all it sounds like your PM is doing a terrible job of screening applicants.  Second your location is not ideal.  Oak Grove is not nearly as desirable as Clarksville due primarily to the school systems.  Why didn't your PM contact your first renters First Sargent when they were not paying? 

Post: Switching mortgage over due to divorce

Charles BiterPosted
  • Rehabber
  • Clarksville, TN
  • Posts 74
  • Votes 44

Just take the house subject to the mortgage.

Post: New Member Intro, a little late

Charles BiterPosted
  • Rehabber
  • Clarksville, TN
  • Posts 74
  • Votes 44

Welcome Eric,

I am in clarksville as well.  You emailed me a couple months back and I left a message at your office.  I am also a client of your firm!  I would love to chat with you sometime about our businesses.  I currently have 18 rentals and have purchased 53 properties in the past 4 years.  I will attempt to reach you again.

Chuck

I personally fund my own projects but i have an associate that closed on a deal with them today and they were very please with them.

Post: Advice on refinancing and selling half of property.

Charles BiterPosted
  • Rehabber
  • Clarksville, TN
  • Posts 74
  • Votes 44

@Jimmy Holman you will need to call the codes department to confirm that the lot is zoned for multi family.  The current mortgage holder my be willing to release the property depending on how much equity you have it is highly unlikely.  

Post: Investing/Sumner County, TN

Charles BiterPosted
  • Rehabber
  • Clarksville, TN
  • Posts 74
  • Votes 44

Hendersonville is a HOT market right now.

Post: Newbie needing HELP, wanting to work!

Charles BiterPosted
  • Rehabber
  • Clarksville, TN
  • Posts 74
  • Votes 44

Lisa welcome to BP!  I am in Clarksville and have done 50 houses in the past 3 years.  I am glad to help in anyway I can.  Feel free to contact me if I can be of service.

Chuck

Lima One has a rental 30 program.