All Forum Posts by: James Rodgers

You do know that people are moving TO Birmingham just for REI, right? I'm sure Philly is awesome, just making sure you've already learned about what's right under your nose first before you leave it...

I'd say you're probably good to put up bandit signs on the same street corners on which the politicians put up their campaign advertising... 

@Theorun Maxwell The short replies above are from people who want to help you but are sarcastically letting you know that grammar errors in your post are keeping them from understanding your question. 

I would listen to Ms. Denise, she's the expert.

Current.

In the past, I've only dealt with one solid buyer who would close for sure. I'd get the P&S agreement executed, sign the assignment document with the buyer, and at closing the assignment fee is sent to me.

Currently, I have multiple people looking at the same property which is under an executed contract. I have clear record of the order of communication. My question is this: the P&S agreement keeps me from backing out of the deal, but the assignment contract wouldn't keep a buyer from backing out, would it? So, if you can only have one valid assignment contract at any given time, how to you manage having someone be "next in line" in case the first buyer you go in with bails? Basically I want to avoid telling Buyer B that, sorry, I just signed an assignment contract with Buyer A, but then Buyer A backs out and Buyer B is already moving on to another deal. Or is that just part of the game, and the only way to learn not to work with Buyer A anymore?

Hope that question makes sense.

James

Address: 724 30th Street SW, Birmingham, AL 35211

Beds: 3

Baths: 1

Square feet: 1,716

Year built: 1925

Section 8: No

Status: Occupied

Current rent: $650/mo (could pull more)

Price: $37,000

Notes: Includes garage shown. This property will be sold via assignment and is under an executed purchase and sale contract.

Notes: Images to follow. Property will be sold via assignment and is under an executed purchase and sale contract.

Address: 204 26th Street SW, Birmingham, AL 35211

Beds: 3

Baths: 1

Square feet: 1065

Year built: 1940

Section 8:

Status: Vacant

Estimated rent: $750/mo

Price: $34,800

Notes: Recently renovated. Property will be sold via assignment and is under an executed purchase and sale contract.

Address: 5609 Monte Sano Road, Birmingham, AL 35208

Beds: 2

Baths: 1

Square feet: 937

Year built: 1950

Section 8:

Status: Occupied – tenants otw out

Estimated rent: $600/mo

Price: $33,000

Notes: Picture is from Google maps. This property will be sold via assignment and is currently under an executed purchase and sale contract.