All Forum Posts by: Jason Crowe

 i work with section 8 and im a certified landlord to manage them. 

How easy is it to split a lot?  Is it simple process of just getting a survey and designating where the lines will be drawn then the appraiser completes the request or this there approval etc. to be done and channels you have to go through?  I was told it was pretty straight forward and they will do what you ask but if you didnt think it through right it could hurt you in the end but the split part they just do what you ask for your land you are asking to split.

If interested I would be willing to share my experiences and recommendations on who to use. I work with many investors and they rely on my opinion depending on the deal who to use to get the job done lending wise. Ive educated myself on the process and have many experiences and a huge list of who ive reached out to and used for different deals and it all depends on the situations. There are details you have to understand and unfortunately the details are so critical that many miss these. Im a realtor, appraiser, investor, property manager, etc. Soup to nuts Ive learned and learned the hardway and have represented so many on deals its almost second nature to me to know what to ask and where to gravitate given understanding of your deal. Ive got a PHD in this sort of thing but it comes from experience and there is no better way but to learn from the experienced with your example. Any representative for you on a purchase who says Im staying in my lane is not an advocate for investing as a breadth of knowledge is needed to understand this territory and unfortunately experience talks and books scratch the surface of what to possibly expect down the winding road to closing a deal especially the tricky ones. Ive got 30year residential money on commercial properties zoned PUD. Ive got trailers 87 and prior years financed for investments with 75% ratios for 30 year terms. Given knowledge as an appraiser as well I wear so alot of hats. Welcome to connect and talk to see what I can help with, but I know your pain from experience.

Yes what insurer did you use?  Curious

Did anyone respond to this text looking into this?

Hello Norma,

Investor and realtor and appraise.  Have worked with several others off bigger pockets as well.  If interested please send me a message happy to help and discuss.

Always willing to assist.  Connect with me.

30 year money on commercial given I found a lender that would accept it as a residential purchase regardless of the zoning at 7.5%. Rehabbing each then renting. For example one was a 75k purchase put 16k in just appraised for 160k. Rent 1450-1500. Im beating what i promised to my investor and "underpromised and over delivered". This investor Im working with used to buy in other states turn key rentals. His plan was to buy 5 with me turn key. I turned him on to the BRRR method in Jacksonville. First one he took all his money out and cashflowed $400 on an 80k rehab and 80k purchase and appraised at 240k. He ended up buying 20 properties given no money and cashflow of 350 or more per property and that i continually find the deals for him then run the rehabs with my crews. I oversee the management of the property 10% of rent. He cashflows these amounts with this calculation as well. He says he wants to diversy more in other states but comes back as not many know and can do all soup to nuts.

In Jacksonville I have no issues renting.  Rental cap rates 12% or higher.  I have 4-5 myself then others i rent for my clients 20-30 properties.  Rehab as well for myself and others.  Very well versed in the areas and zips to focus in. 

Jacksonville for sure.  Growth is happenning rapidly attributing to appreciation.