All Forum Posts by: Jason Michael Coulthard

Quote from @Joe Christoff:

Appreciate all the responses here. Sounds like my thinking is inline with the broader consensus.

 I've come to appreciate townhouses as rentals, specifically for the ease of yard maintenance.  I had a rental property with a gorgeous backyard in Charleston at one point, and it became problematic keeping up with it.  My vote is for small & simple yards, especially for rentals.

Quote from @Tony Pellettieri:

@Jason Michael Coulthard,

I'm an investor located just South of Charlotte in Tega Cay, SC. We're investing heavily outside of Charlotte in more rural areas within about an hour or so from the city. If you're looking for good Morning Meet Ups to meet other investors, here's a couple.

Tuesday 8AM - Jonathans Restaurant Matthews, NC

Wednesday 8:30AM Rock Hill Diner Rock Hill, SC (We Host this Group)

We practice the BRRRR method and have a full team. Shooting for 50-100+ Deals/Doors in 2024. UC on our 4th deal(1st Creative Finance JV), 3 doors, 2 of which are New Construction. Open to JVs!

Thanks for sharing, Tony!  I would love to attend a future meetup with your group.  Can I just drop in, or is there a secret handshake?  :) 

Thanks John!  Can you share more about the meetup group?  I would love to attend one soon.

Hello BP community!  I'm relatively new to this forum, but not to real estate investing.  I'm a licensed real estate agent in NC and SC, and own a portfolio of investments in the Carolinas, looking to connect and network with like minded individuals.  I look forward to meeting you, and hope our connection leads to your next deal!

Investment Info:

Large multi-family (5+ units) other investment in Mauldin.

Purchase price: $26,000,000
Cash invested: $50,000

Purchased shares as a limited partner in a real estate syndication to acquire a 108 townhome rental community in Mount Pleasant, SC. Property plan is to bring rents up to market rates with renovation and neighborhood upgrades over a 3 year period, expecting ~8% dividend yields, and capital return in year 3.

Consult the Google :)

Here's a link to start:

https://www.tncourts.gov/sites/default/files/docs/general_se...

How to respond depends on whether you want to keep him as a tenant.  Sounds like you want him gone.  The way I write my leases, they auto-renew on a year to year basis unless there is written communication 60 days before expiration.  Recommend you include that in your leases in the future.  Have you researched the laws in Tennessee on giving noice?  They vary by state.

Quote from @Wyatt Wolff:

Quote from @Jason Michael Coulthard:

Investment Info:

Townhouse buy & hold investment.

Purchase price: $335,000
Cash invested: $35,000

Rental Townhouse in popular Southend, Charlotte.

Not a bad price for southend! 

Yeah, I actually bought it several years ago.  That’s not today’s price.  When I added it to my profile it defaulted to today, and I couldn’t find a way to change the date.  It’s current value is in the low $500’s, so it’s been a nice ride.

Investment Info:

Townhouse buy & hold investment.

Purchase price: $335,000
Cash invested: $35,000

Rental Townhouse in popular Southend, Charlotte.