All Forum Posts by: Jeremy Galloway
Jeremy Galloway has started 28 posts and replied 111 times.
Post: Birmingham Investor Social- March 2024
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Since the inception of the Birmingham Investor Social group, our primary objective has been to help everyone in the group to do more deals. Our aim is to make the process enjoyable and profitable for all our members.
To kick off the new year, we are trying out a deal-focused format to help our members learn and find more opportunities. If you are new to our group, this is the best way to learn. If you are experienced, this is an excellent opportunity to start the new year with a great deal.
If you have a property, listing, or wholesale deal that you think would be a good fit for an investor, bring it along with some information and handouts.
You will have one minute to present the basics of your deal, and we will have two minutes to ask follow-up questions. Our goal is to have 5-10 deals to look at and get them moving towards closing.
Our sponsors will provide food and a ticket for your first beer. Let's all close more deals in 24 hours!
Post: Looking for Property Manager recommendations in Birmingham, AL
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Here are a few that I recommend to my clients:
Evernest- www.evernest.co
Hunter Krug [email protected]
Signal Properties- www.signalrents.com
Mark Byers- [email protected]
Barrington Real EstateLindsey Barefoot
Office Phone: (205) 841-5593 Ext: 4
Email: [email protected]
Website: www.barringtonrealestateco.com
Decas Group- www.decasgroup.com
Taylor Burke 205.982.5647
[email protected]
Post: Seeking Real Estate Attorney in Birmingham, AL for Custom Rental Agreement
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Quote from @Courtney Cook:
I have a long-term rental in Calera, AL and have agreed to offer the tenant reduced rent in return for doing substantial work on the house. I'm looking for a real estate attorney who can help me put together a custom rental agreement to ensure everyone involved knows what's included/expected, and to make sure all parties are protected. Lease will begin March 1, 2024, so I'm looking for someone who currently is available to work on it.
Thank you for any recommendations!
Courtney
Jeff Parmer Law is a good go-to real estate attorney in town. Also Stanely & Associates.
If you have your provisions you would like to add, you could always use a boiler plate lease agreement and have an addendum attached to it.
Jeremy
Post: New Cash Buyer Excited to Meet Owners, Brokers, Lenders, and all other Players
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Quote from @Rick Albert:
Talk to @Jeremy Galloway for Alabama. He is my agent and was stellar. He works with investors.
Thanks @Rick Albert
Post: Mentorship and Lending connections
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Not sure lending options, I can you long term DSCR loan options and if you are looking for Hard Money Lending, check Longhorn Investments
Post: Rockstar Realtor in Birmingham
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Quote from @Rick Albert:
I used Jeremy Galloway. As an agent myself, I tend to be picky with who I work with. I am already looking for my second property and using him. He's an investor himself and understands the pockets and will give you honest feedback. Tell him I referred you.
Thanks Rick! Happy to help @Ryan.
Post: Potential OOS investor looking for real estate management / turnkey
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Property Management info:
Evernest- www.evernest.co
Hunter Krug [email protected]
Signal Properties- www.signalrents.com
Mark Byers- [email protected]
Freedom Ventures- www.freedomventurespm.com
Danny Gonzalez- Mobile (205) 787 1592
[email protected]
Decas Group- www.decasgroup.com
Taylor Burke 205.982.5647
[email protected]
Post: MTR in Birmingham, AL Metro
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Hello there,
I'm a Realtor here in Birmingham, and I have a few questions about the success and issues that come with MTR here in the metro area by investors. Bonus points if you are out of state and have MTR in Birmingham.
Thanks!
Post: How to Get PMI Removed
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
There is a possible caveat that some borrowers require that you are below 75% LTV if you are requesting the drop of PMI under 5 years:
75% LTV for PMI removal when the loan is 2 to 5 years old
For loans that are between two and five years old, the PMI can be removed using the home's current market value when the loan-to-value (LTV) is 75% or less.
There is an exception to this 75% LTV guideline. Mortgage insurance may be removed when substantial improvements have been made and the loan is 2 to 5 years old.
Post: Need Private Lender for House Purchase Under $50K
- Real Estate Agent
- Birmingham, AL
- Posts 135
- Votes 51
Quote from @Balyn Bates:
I have a property under contract the purchase price is under $50K and rehab estimate is $85K. Does anyone know of a private/hard money lender who will finance both the purchase price and rehab for a fix n' flip? Thank you.
Sending you a DM