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All Forum Posts by: Greg Parker

Greg Parker has started 2 posts and replied 601 times.

Post: Looking for Asset Protection Lawyer and CPA - Alabama

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

Contact the Law offices of Gary Mcannally here in Montgomery.

99% of the investors we manage properties for, are out of state.  They can help you with whatever you need, very professional and responsive.

Greg

Post: Any local banks in Montgomery, Alabama that give smaller loans?

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

I use max FCU but 50 is their minimum.

Post: Any local banks in Montgomery, Alabama that give smaller loans?

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

50 seems to be the minimum as far as I know.

Post: Heloc or lines of credit

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

Check with Max FCU.  I use them for Helocs, but it is on a second home, not “officially” an investment property.

Post: Looking for contractors in Montgomery, AL.

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

@Carlos Roberto I also have a good list if you need it.

Post: How do I get a title for a tax deed property when owner has died

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

It will definitely require some legal paperwork.  @Denise Evans could offer some advice.  

Post: New Investor - Active Duty - Overseas

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

We have a lot of military landlords and tenants here in Montgomery.  Maxwell AFB is our largest employer.  One of our local RE gurus is @Rich Carey.  He could offer some great advice.  

Post: New member...Need some advice!

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

You are correct, the appraisals have not caught up with the crazy purchase prices.  But, in Montgomery we are still "really" close to the 1% rule.  A 110K house will bring 975 - 1,100 rent.

I just purchased one for 85.  The appraisal came back at 80.  But, we will get 850 rent.

Post: Investing in Montgomery, AL

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

@Sam Bannister Capitol Heights is good for the most part.  Unfortunately Midway street is really in Chisolm.  Pretty much all crack houses and meth labs there.  Our contractors do not even work in most of that area.

Post: ISO property management Montgomery Alabama

Greg Parker
Posted
  • Realtor, Contractor, Property Manager
  • Montgomery AL and Dauphin Island, AL
  • Posts 653
  • Votes 530

We got you covered.  PM, maintenance, acquisition.