All Forum Posts by: Dzmitry Zakharau

Bill Van Wie don't discard SFR as student housing as well. Renting by the room is much more lucrative than to one family. Just make sure zoning allows for it. There are numerous areas around downtown zoned RM which allows for more than one unrelated person.

Sterling Cox let me know if you need any help with Athens properties.

Hi Bill, Actually, you coming to this forum and introducing yourself takes you further than most folks that are considering rentals. Do a search before asking your question - it might have already been answered. Cheers!

Hi Brad, Curious to know myself. Ethan Atkinson can you recommend anyone?

Hi Murray, Awesome to see you come to Athens! You're welcome to stop by our local REI meeting. We meet last Monday of every month. Also can contact Ethan Atkinson , he can tell you more about the markets from the agent perspective. He can also tell you where and when the next REI meeting will be. Cheers!

I think it's a bit of a red flag that they want you to hit the seller with payment of any kind. Folks that own distressed properties want a quick, simple transaction, and discussing any fees beyond their "walk away" money could complicate things and have you miss out on opportunity.

John Anderson I believe he said he's only got 7k...

I'm with Ronan on the duplex. Dual income stream is always better than single. I was also wondering the same thing about the comp on SFR. How are the comps on duplex?

It seems they got another one now, callwithkent.com

The difference they are pitching between them and traditional list companies is that you pay 2k one-time for the program and can pull the list as many times as you want and it includes some marketing tools.

Being able to pull useless information as many times as you want is still useless.

I'm curious to see if anyone has actually used their system and how accurate information is compared to traditional list providers? I am skeptical, so seeing real users back it up would be helpful.

P.S. His name is actually Kent Clothier and is supposedly the best wholesaler in the country (not sure according to whom).

Hi Austin, Congratulations on finding a deal that you're willing to move forward with. In Georgia purchase and sale transactions are required to be done at attorney's office. You can expect to pay around 450-600 for that service. You can also expect to pay around 150 for title search. I would highly recommend you let them do this for you and not attempt to do a title search yourself, unless you've done plenty of these and know what you're doing. There is more to title search than going to the courthouse and looking up deeds. Don't forget about title insurance also, the price on that will depend on the value of the property. Usually in 150-350 range. Keep in mind, title insurance company would be much more willing to insure a title when research is done by attorney they have a relationship with, rather than someone they don't know. You would also have to pay for taxes for the portion of the year you'd own the property. Add relatively small amount for transfer tax and recording fees. This is the bulk of the closing costs, unless you're obtaining a loan. If you are, then the lender would dictate what those would be. I don't see any way of saving on the basics, but instead focus on bank/private lender fees and interest, attorney fees themselves and junk fees that they might tag on. I've had an attorney attempting to charge $150 for a remote closing, not including courier costs, but we negotiated that out. As long as you budget for these numbers in your offer to the seller and the deal still makes sense, by all means go ahead. Good luck!