All Forum Posts by: Dave Godfrey

@Andrew Carlson  I like it.  Good luck with the direct mail approach.

@Carmichael Lewis  Oh no!  Hope you can use the downtime to figure out how you can get back... and exceed what the book signing was supposed to be.

@James G.  Stay calm... and crunch on!

@Joe M.

Yes, it's important to do that. Annually. It's a good time to reflect and make our efforts count the most.

Hopefully you will also see an opportunity for a real estate investment in the next few months or so. Stay focused. And good luck

@Justin Ceballos

Yeah, get used to the comps being all over the place.

But stay close... You may have an opportunity.

Good luck. Stay focused

Hi BP.

In these changing times, what is your single most point of focus now?

Second question: Is it different than what you were focused on before COVID-19?

@Kyle Altenau

It sounds like you are buying a property and waiting for the CO, correct?

If so...

I don't know New Jersey... but in PA, you hear some municipalities and boroughs saying you need before settlement... but that is their way to add pressure. Check with an attorney in NJ to see if you can get a conditional approval for CO, settle on the property, then get it done later.

Good luck.

Hi BP!

One of my clients is looking to terminate the lease after the first term of the lease is complete.  It is in PA.    Looking to see if there are any PA laws that might prevent a termination.  Maybe there is an attorney or realtor that has experience with this.   There was no lease infractions on either side, tenant or landlord.   Tenant was a little "crazy" and really gave this first year landlord more headaches and emails... Also, Landlord will be selling the property.

We are on track to provide more than 60 days notice.

I think we are OK... just want to make sure... and gathering any thoughts...

Thanks,

Dave

Just curious if anyone has done marketing (direct mail) to find seller financed mortgage notes... so you could buy them from those who hold the notes?

How long did you do it... and did you have any success?

Looking for Funding on a PA property.  Class A neighborhood.

Asset-based lender... or private money lender.

ARV = $330k

Loan/Funding = $150.

So less than 50% LTV.

Any recommendations?

Thanks in advance!

Hey @Aaron Ram !

I live, invest, and cover the greater West Chester area.

We could connect in person later this week or weekend if you would like.

Thanks,

Dave Godfrey

Thanks for the replies @Marco Bario  @Brian Eastman @Taylor L.

Appreciate it!