All Forum Posts by: Jared Irby

I personally would let it ride but in a way that still presents the face of a firm landlord. The potential of $320 over the next 16 months versus a friendly tenant turned bad is not a good thing to fight over. Especially when the landlord made the mistake for 3 years. Send a letter saying something to the effect of "thanks for being a great tenant. I will discount the agreed upon rent by $20 for each payment paid by the x day of each month. In the event of a late payment please remit the originally agreed upon rent plus late fee."

Nice! Would love to hear more details on the deals and also how you handled intake of the calls. Anything you can share would be awesome!

I am looking for any meet ups or REI groups around Mobile Or Baldwin county Alabama. Anyone know of any active meetings?

I agree. Just hold tight and let them take care of it. It's why you used a title company. May take a few days but I bet it will be sorted out.

Our Mobile, Alabama based real estate investment company is seeking to hire a motivated full time employee for the position of Acquisitions Specialist. This person will be focused on helping us to acquire new properties to rehab and "flip". Duties will include inspecting properties, running comps to determine value, contacting property owners, etc all in an attempt to acquire property below market value. Applicants must hold an Active or Inactive Alabama Real Estate license (or qualify to transfer and out of state license to Alabama). Any type of sales, marketing and negotiation experience is a huge plus. On the job training provided as this is a very specialized skill set.

Reliable transportation is required. Travel/milage reimbursement paid for any vehicle usage. Background check and drug screening required of all applicants. Position is full time. Pay is $12-16 per hour (DOE) plus BCBS health insurance plan and a large performance/bonus plan. Bonus plan is substantially larger portion of pay than the hourly rate. Compensation for the right person will easily exceed $60k. Please apply by sending an email to [email protected] with information about yourself and why you would be a great fit, along with a resume.

Irby LLC is a, growing and local real estate investment company that acquires on and off market properties for investment. We buy, rehab and flip as well as buy and hold rental properties.

Call us to today about this great, off-market, investment property located at 4061 Pringle Drive. Located right off Moffett Road in Mobile at Wolf Ridge Road and less than 2 miles from I-65. Great location and very convenient for tenants. House needs some repairs but would make a great rental. Estimated Rent - $650/mo. 925 square foot per tax records. Vacant & available immediately. $1000 buyers agent commission available. Seller is a licensed Alabama Real Estate Agent. Call today for more information and to submit a contract.

Jared Irby
Irby, LLC
251-202-2222
[email protected]

Originally posted by @Gwendolyn Davis:

Hello family,

Question: Someone comes to you and says "I have more than 10 acres of land with a house and two manufactured homes on it. I want to get rid of them. I live in Phoenix and the land is in rural Grand bay Alabama. What would be the first thing you do?

 Sent you a message!

@William Allen I'm a little late to the discussion, but I run a real estate investment company in Mobile doing a lot of flips. Would be happy to help you with any information you are looking for!

Originally posted by @Steve Babiak:

Originally posted by @Jared Irby:

Originally posted by @Steve Babiak:

Some interesting reading here. So IRS redemption rights are at a minimum 120 days, but they follow state law as to minimum redemption period so in AL you would have six months to possibly two years on IRS redemption. But IRS does not pay on improvements when they redeem - that could make it messy for rehabbing if the redemption gets drawn out. 

 IRS redemption rights are superior to everything but they are only 120 days. In saying that, the redemption period only exists if proper notice is actually given to the IRS by the foreclosing trustee. The couple times I have bought with these liens in place, it has been done correctly, but you should definitely make sure proper notice was given or the IRS lien technically remains in place.

I disagree on duration of redemption period as you posted it; see link below for 26 U. S. C. §7425(d)(1) {scroll down for part d}:

https://www.law.cornell.edu/uscode/text/26/7425

And if the proper notices aren't served upon the USA, then the IRS lien survives, it is not discharged. That is being discussed in another thread that I just posted in ...

 Maybe so... I have dealt with it twice and both times the title company told me it was 120 days, but there is a possibility its longer. I just know it is superior and they have to have notice or the lien stays in place.