All Forum Posts by: Jibran Najmi

@Gen SteMarie

I am using the MLS Tax Data through my access as a Realtor. It is a program called Tax Realist. The issue is that the data is "current" as it is of the owner of record. However, the "owner" has skipped town and has essentially abandoned the property. When I said direct mail to the address listed the post office returns it as undeliverable.

Does any one have any suggestion on how to overcome returned mail on direct mail campaigns?

I have driven several neighborhoods, identified distressed properties visually, then found the tax billing address for owner occupied properties and because the property has been abandoned the postal service is returning my yellow letter.  Obviously the owner needs someone to solve their problem, but they are also not physically there.

Suggestions?  I need some creative solutions to contact owners of records etc.  Preferably their phone number or new address?

@Andy Webb

Not always.  Usually aim for the 3rd Monday or Tuesday.

Just a reminder that our Arlington Investors meetup will be tomorrow at 7 PM.  I look forward to meeting new and familiar faces!

Hello fellow BPer's!

Thanks to all those who joined us last month to tour @Will Coleman's flip and enjoy some burgers.  Our next meet up will be on Monday, September 25, 2017 @ 7 PM.

Old School Pizza, Pasta & Subs

Patio (Weather permitting)

603 W. Abram Street

Arlington, TX 76010

We plan on having several speakers come out to talk about how they partner with investors in the area to help them achieve their goals.  Last month we had Ridgeline General Contractors & One Source Recon/Roofing come out to detail the process in which they bid on projects along with their scope of services.

We look forward to seeing familiar & new faces.  Come enjoy some pizza, beer & good conversation!

Looking forward to seeing everyone tonight!  Please invite a friend!

@Cameron Marmon

I am not a lawyer, and so the following is my personal opinion.  

The TAR lease is a standard lease promulgated through the state.  It is very landlord friendly, and it is widely used.  However if you consult with a real estate lawyer they will (in the interest of being hired) point out specific deficiencies.  They do have some good points, but in the beginning the TAR lease is pretty good.

Interesting note about TX is that only individual landlords (not recommended) and lawyers can draw up custom leases/contracts, otherwise the TAR lease must be used.

The state has a committee that is composed of real estate brokers & lawyers that come together to promulgate the standard contracts and forms used in all real estate transactions. The general public including Realtors are prohibited from using any other contract unless specifically drawn up by their client/client's attorney.

Hope this shed some light!

@Michael Sanford

A couple questions...

What part of DFW? Renting by the bedroom (near a college) or the unit? Self-managed or professional management? On SFH 3/2? 4/2?

There are countless variables before you get to the bottom line.  If you reach out to me, I can get a better understanding of what you're interested in and we can go from there.

Good luck & Welcome to BP!

@Veena S.

Please reach out to me, and we can discuss offline.