All Forum Posts by: James Rodgers

I'm a local. 

Hold it or flip it!

Great investment opportunity in the Eastlake neighborhood of Birmingham, AL.

Fireplace, spacious bedrooms, back mudroom/laundry room, 2 car carport with workshop above in back.

Estimate rent: $750-$850

More info and pictures available for serious investors.

This property is under an executed purchase contract and is available via assignment.

James Rodgers

Intentional Wholesaling

205-677-3387

To update everyone, I did email her an application and let her know up from that the criteria wouldn't be changing. Response of "so are you saying I can't get the house??" To which I say that the qualifications require no previous evictions. We go back and forth like that, then finally she thanks me in all caps for judging a book by its cover.. lol. 

Disaster averted, I believe. Thanks for the backup, y'all.

@Anthony Gayden

Anthony,

I'm tracking with ya, but what I'm interested to know is if that has been financially profitable for you so far. How much of that have you implemented and have you had to tap into that risk buffer when it falls through?

James

This ad is sick!!!! Love the drone footage! For real probably the coolest ad I've seen.

Thanks. I have plenty of other folks interested, I just needed some backup that I am a businessman and not cruel. I have not given them an application yet, but still will and deny them based on not meeting the criteria.

Has ANYONE out there actually had a successful experience with tenants who have had an eviction previously?

I pre-screen my tenants by saying "Total household income has to be 3x rent, no pets, smokers or evictions."

This was a sweet couple who drove by while I was working in the kitchen of the property. They called the number on my sign, so I let them come in. They had wanted to live in this house for more than a year when there was a FSBO sign in the yard, but couldn't buy. (That's how I got it) So they were all giddy that it was for rent now and that they were actually standing in the house.

They have 3 little girls, just like me. They were good on all the pre-screening requirements, except... "We were in an apartment and all of a sudden when the tenants above us took a shower, our bathroom filled with their water. I called the PM for 2 months, then finally just stopped paying rent."

They pledged their allegiance to the United States of my rent if I would just give them a chance. 

I told them they're welcome to apply and I'll review their application and make a decision. She also, before all of that, asked if she could give me her deposit today... they were very excited about this particular house. 

After they left, she texted me:

(1/2) WE ARE ASKING THAT YOU PLEASE GIVE US A CHANCE IN YOUR HOME

WE REALLY LOVE THE HOUSE AND WE WOULD LOVE TO RAISE OUR 3 DAUGHTERS IN THIS HOME

ALL WE ARE(2/2) ASKING IS FOR A CHANCE I PROMISE WE WILL NOT FAIL YOU WE WILL HAVE YOUR RENT ON TIME EVERY MONTH WE PROMISE

LOOK FORWARD TO DOING BUSINESS WITH YOU SOON.

............. would anybody concede?

Also.... this is my first rental. 

I'd be interested to know what your criteria for your first deal is and if I could help make it happen. Feel free to PM.

:)