All Forum Posts by: Michael Faulk

@Alvin Taylor is it an in-ground pool or an above ground? 

*In ground: Different strategies---1) Pass completely 2) factor in the cost of demo on the pool and back filling area into your rehab costs 3) Change your strategy on this deal if it's a killer deal and do a fix/flip, owner finance or prehab it. 

Above ground: Take it down. I've down this before...in my case I gave it away but you could potentially sell the above ground pool use those funds for any river sand, sod or seed that you would have to purchase to fill in the yard. Clean it up first and take pictures  before you take it down... p

I would hate to see you pass up a killer deal but a property with a pool is NOT a good business decision (In my opinion). Negotiate with the seller to bring the sales price down to include removing the pool if necessary. Remember it's all a numbers game... anything can be fixed. 

Michael

@Craig Rismiller... Definitely! 

Good Morning Jeff. I will PM you more details...

Good Luck sir! Keep me in mind if your looking to lend in the future. We have set up systems in Shreveport/Bossier and are always looking for private lending partners. 

Message me if you need more assistance. I went through an eviction in Bossier two years ago and also one of the judges from Caddo Parish spoke at our REIA a view months back. She gave information regarding evictions and the proper process. I will share with you if you would like.

@Janet Taylor... Don't cut off the electricity to the garage apartment. Go to the courthouse and file for eviction. It is better to pay the $100  for the eviction as opposed to getting a lawsuit.  How much behind is she? 

@JD Monroe... how did the meetings go? Is there anything our group could do to assist you? You know we gotta look out for our extended family ;)

Glad to have you a part of our BP community @Malcolm Peacock

 I agree with my dear friend @Justin Kilgore... Tell us a little about yourself and we will try and guide you in the right direction. 

10-4 @Melanie VanBuskirk... I'll message you all the details. 

Welcome again to BP!

Not local to Shreveport but from Lafayette...One of those awesome people would be @Robert Leonard ... We are gonna get him up to Shreveport one month for our local meetup ;)

I'm gonna set a keyword alert for Lafayette and make it my mission to greet new members from your area before you... hehe