All Forum Posts by: Luther M.
Luther M. has started 8 posts and replied 35 times.
Post: New from Atlanta

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
Hey @Damica H. ,
Welcome to the family.
I am from Atlanta as well and am part of Atlanta REIA. It's a great place to learn. In fact there is a 8 hour class tomorrow by Robyn Thompson there tomorrow.
Post: New From Salt Lake City

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
Hey @Josh Butler ! Welcome to the family.
This is all the education you will ever need :)
Good luck my friend.
Post: One man's trash is my $10k treasure

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
Sorry, I meant to answer that question by @Richard W.
This was my fist mailer ever. I sent out a 1,038 Post Cards.
Response rate very low @ ~1%
Post: One man's trash is my $10k treasure

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
Wow! what an awesome community. Thank you all! Please feel free to reach out to me if you have any questions
Post: A local RE attorney told me today that you all are scam artist!

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
I LOLed when I saw your post as I was told the same exact thing by a well established real estate attorney recently.
On the bright side, I see more and more law firm booths at my local REIA :)
Post: One man's trash is my $10k treasure

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
First off, tip of the hat to Brandon and yourself for all that you guys do.
Further details about the deal:
- The property has a tax lien against it and was to be sold on the County court house steps today(06/03/2014). This was why the seller was so motivated to sell.
- The property itself will need $15k-$20k of renovation before it is inhabitable.
- Although the ARV was ~$120k and we could have marketed the property for as high as $40k - $50k ((ARV X 0.65)-repairs) , we didn't have the luxury of waiting around for the right buyer and decided to go with a lower price, especially given that we were able to get it under contract for $2,500
- From initial contract to closing at the attorney, 7 days total.
Thanks @Sarah S. & @Aaron Mazzrillo
Post: One man's trash is my $10k treasure

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
Hey BP family!
I am so excited to announce my first real estate success!
Deal Type - Wholesale
Direct mail Post Cards to a list of absentee owners from ListSource.com
A to B = $2,500
B to C = $12,000
Not a bad spread for my first deal aye? Great way to start the month of June.
Special thank you to my mentor who guided my through this.
Post: Probate Attorneys

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
@Johnette B. A cheap(usually free) route is to look for the legal section in your local news paper. Here in the state of Georgia, there is a website called www.georgiapublicnotice.com that one can find public notices from pretty much every county. See if there is something similar for
Question @Rick H. . Is waiting for legal notices in the newspaper too slow, IE are there ways to get to the notices prior to getting published in the newspaper?
Thank you,
Luther
Post: Collecting Damages after Move-Out

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
Good post @Angie B.
@Kyle Hipp & @Account Closed , what does taking someone to small claims court cost? I understand it is different from county to county, but I was hoping I could get a ballpark.
Thank you,
Luther
Post: No Response from my first direct mail campaign

- Real Estate Investor
- Woodstock, GA
- Posts 35
- Votes 11
Thanks @Rick H. :-)
Having diligently read a number of your other posts, you always provide the well needed kick in the pants.
Would you agree for a new investor who just spent $500 on a mailing... this is the start of a campaign?