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All Forum Posts by: Lee Scarlett

Lee Scarlett has started 12 posts and replied 261 times.

Post: How to partner on buy and hold?

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53

Welcome to Bigger Pockets!  Are you planning to invest in your area or other places?

@Jeff Macdonald

Post: Florida rental properties

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53
Originally posted by @Rodrigo Ferreira:

Hello Everyone,

   I'm a new investor trying to get in the business. Does anybody have some tips about Rental properties in Florida ?

 Hi Rodrigo,

Welcome to Bigger Pockets.  I have some information that may interest you a lot.  I will PM you on it.

Post: Investor From Florida

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53
Originally posted by :

Sorry for the late response, i am just now reading your responses.

@Lee Scarlett Thanks for your response. I grew up in Jax and my parents live there. My reason for investing in Jax is because I am in the Army and live in Savannah, I move frequently and would like to invest somewhere i know well. I took a look at your profile and your goals are very similar to mine. Have you made any deals so far?

Thanks 

Dan

 Dan, yes, I have.  Additionally, based on your criteria I think I may be able to help you.  I will PM you some details!

Post: Investor From Florida

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53
Originally posted by @Dan Wynn:

Hello,

My name is Dan, I am a new investor from Jacksonville FL, currently living in Savannah GA where I bought my first duplex. I am also an active duty Army Officer.

My short term goal is to acquire two investment properties this year, one SFH in Jacksonville using traditional financing and one MFH in Columbia SC using VA homeloan financing.

My long term goal is to own 20 cash flowing rentals in 10 years. 

I am a huge fan of BP and look foreword to learning and building relationships through BP!  

 Hi Dan,

Welcome to Bigger Pockets. Do you drive to Jacksonville or do you have someone here helping you? Why Jacksonville? I know Savannah pretty good but not it's REI potential.

Post: RE Professional, JV's, hard money, commercial

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53

Welcome to Bigger Pockets @James J. I see you're in California, what areas do you plan to operate in? Is it just your city and surrounding areas or the state of California?

Post: Introduction-Real Estate Attorney

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53
Originally posted by @Zachary Schorr:

Hello everyone. I am a real estate attorney located in Los Angeles. Our firm handles all sorts of real estate disputes such as purchase and sale disputes, commercial leasing disputes, and ownership disputes. We also review commercial leases and handle non-disclosure and easement matters. I am looking to network with real estate brokers, developers, agents, and investors. I am also interested in learning from other like minded real estate professionals. I am eager to join the BiggerPockets community. 

 Hello Zachary,

Welcome to Bigger Pockets, it's good to see you here.

I have a question for you. What makes a real estate attorney a good one. I understand not much is covered in law school.

Post: help with mentorship in south florida

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53
Originally posted by @Steven Markowitz:

I am a newbie that has been studying for the last month. I haven't purchased anything yet. I am looking for a local seasoned real estate investor that would be willing to take me under their wing and help me with my learning curve. I am interested in buy and hold on smaller properties ie duplex, tri's etc as well as flipping. I live in Broward county and I am very serious and excited about moving forward with my career.

 Hi Steven

Welcome to Bigger Pockets and it's good to see you're getting you're already talking advantage of the good stuff here and getting your REI education on.

I'm from Margate but now operate out of Jacksonville. If you have questions at anytime feel free to reach out. Much luck!

Post: advertising on personal vehicle

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53
Originally posted by @Brent Hill:

Recommendations for where to get vinyl lettering done for the back window on my truck saying something to the effect that I buy houses, any condition?

I was told by an insurance friend that once I do that, my vehicle becomes commercial and if I didnt disclose to insurance company and became involved in an accident, there could be some problems paying out a claim, etc.

Thoughts?  thanks in advance.

 Hi Brent,

That's a very interesting topic. I've been giving it some serious thought myself and I see a few other members are thinking this too. I would tend to believe that the insurance advice you got is right on. So, my car is owned free and clear and it's registered under my company name. You probably should explore this possibility.

My biggest concern before going commercial with my vehicle was insurance cost. I'm with Progressive and there's no difference I see in the cost for been registered under my personal name previously.

One more great benefit for this is: I saw a thread about 2 months ago where a member mentioned been stopped by police frequently while driving for dollars. For people who do this kind of marketing, slow driving a neighborhood, it may help put residents in the area at peace. If it's just a private car circling and backspacing they may become quite suspicious and be prompted to call 911. Going into empty houses may even raise the alarm bells in these peoples mind. Commercial registration is something to definitely consider. Check out the insurance cost first.

Post: Newbie Bp member from Jacksonville Fl

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53
Originally posted by @Mia Walton:

Hey everyone, I'm finally introducing myself to the BP community. My name is Mia Walton, I'm located in Jacksonville Florida. A newbie to Real estate investing along with my husband (something I have always wanted to get involved in for yrs). I'm looking to MEET and NETWORK with Real estate agents, investors, wholesalers and cash buyers. My goal for 2016 is to have a few flip and fix and rentals properties. Hoping to connect and possibly get advice leads/deals. 

 Hi Mia,

Welcome to Bigger Pockets (both you and your hubby).  I am here is Jacksonville and look forward to seeing you guys around the forum and around town.  If you need a question answered I will give it my best shot.  Wish you both the best in everything!

Post: How do I find the owner of a "Drive for Dollars"?

Lee ScarlettPosted
  • Jacksonville, FL
  • Posts 280
  • Votes 53
Originally posted by @Michael C Gregory:

How do I find the owners of properties that I find when driving for dollars?

Thanks.

Mike

 Hi Michael,

Following up with what @Kyle J. offered, you can then Google the names to see what comes of it. White pages is also a good option. Once in awhile it seems you get something from it. I want to say I believe most owners of property that are several decades old may not have a FB page but it's also worth a try. Additionally, if they are absentee owners you can do skip tracing to get some updated info.

Good luck;