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All Forum Posts by: Jason Shotwell

Jason Shotwell has started 2 posts and replied 8 times.

Post: I need a real estate attorney in Memphis, Tennessee

Jason ShotwellPosted
  • Investor
  • Memphis, TN
  • Posts 8
  • Votes 0

@Sean Tagge Thank you!

Post: I need a real estate attorney in Memphis, Tennessee

Jason ShotwellPosted
  • Investor
  • Memphis, TN
  • Posts 8
  • Votes 0

Thanks for the info Verna Littleton!

Post: I need a real estate attorney in Memphis, Tennessee

Jason ShotwellPosted
  • Investor
  • Memphis, TN
  • Posts 8
  • Votes 0

This is a local homebuilder. Unfortunately, I didn't use a realtor as I have built a home before with another local builder and knew the process. The closing attorney is "trying" to stay neutral but they do a lot of business with the builder. I don't expect much help from them hence me seeking out another attorney. 

Post: I need a real estate attorney in Memphis, Tennessee

Jason ShotwellPosted
  • Investor
  • Memphis, TN
  • Posts 8
  • Votes 0

Can anyone one recommend a real estate attorney in Memphis, Tennessee? I was notified at the closing table that the seller is refusing to close for no legal reasons. I really need someone to help me with 'specific performance' against the seller as this is to be my primary residence and I'm all setup to move. Any help is greatly appreciated!

Post: New roof in Memphis

Jason ShotwellPosted
  • Investor
  • Memphis, TN
  • Posts 8
  • Votes 0

Thanks for the response Alex. That's still a great price as I spent around $7K for the roof on my primary residence about 2 years ago. I currently have only one rental property but I would definitely think of you guys as acquire more properties.

Post: New roof in Memphis

Jason ShotwellPosted
  • Investor
  • Memphis, TN
  • Posts 8
  • Votes 0
Originally posted by @Alex Craig:

Daniel, does it need a layover or tear off?  I can run it through our PM company.  Our roofer does $35 a square for layover, $45 for tear off labor.  If you need a tear off, he will need a dumpster.  We also get 25% off shingles at Home Depot through our volume discounts.  If we run through our PM company, it would be cost plus 15%.  I think the list price on shingles at HD are $23.25, which we get 25% off that #.

 Hi Alex,

Let me see if I have this correct using 25 square roof as an example. Tear off $45x25($1125), 75 bundles of shingles($17.45x75=$1308.75) plus 15%($1125+$1309=$2434; $2434+(15%)$365=$2799). Is this correct or am I missing something? $2800 is a heck of a deal for a new roof with tear off.

Post: Selling Tenant Occupied Property

Jason ShotwellPosted
  • Investor
  • Memphis, TN
  • Posts 8
  • Votes 0

Thanks for the replies. Just wanted to make sure I got things right for the buyer and the tenant.

Post: Selling Tenant Occupied Property

Jason ShotwellPosted
  • Investor
  • Memphis, TN
  • Posts 8
  • Votes 0

I considering selling a tenant occupied property. I collect security deposit, first and last month's rent at lease signing. What monies, if any, do I have to turn over to the new landlord(security deposit and last month's rent, just the security deposit, or neither)?

Thanks for any info!