All Forum Posts by: Nathan Hall

@Jake Woods:  Sometimes the workers in those offices can be helpful and sometimes not! It is usually best to personally visit the county office and speak to someone. I have found face-to-face interaction much more fruitful! Good luck!

Blessings,

Nathan

Hi Sean! Great to meet a fellow Michigan man! My biz partner and I are working out of the Lansing area. We have started out with the wholesaling strategy and want to move into Buy and Hold as soon as we can! I live in Haslett myself. That area you found the house in is awesome. All of my children attended McDonald middle school and East Lansing High! I am glad to see you're doing business in the area! 

We'd love to meet you, shake your hand and even take you for a coffee next time you're in town! Just inbox me here and I can get you my info. 

Blessings,

Nathan

 Hi Isaac! I'm in the Lansing area. Deals abound but it depends in what you are looking for. There are areas that are good for rentals, but tend to be in "the hood". Taxes aren't as high as in East Lansing/Okemos/Haslett areas. Let me know what your preferred deal looks like. I'll keep my ear to the ground!

That's some solid information! Thank you! Kudos on finding such a great deal! 

Welcome Jake! Hello from East Lansing! You're in the right place! BP contains all types of great info and even GREATER people! Best on your journey!

I hear you Maria. Thank you! That's solid advice. And you're right! I come across these deals more often than not. Most of them have not proven to be worthwhile (repair costs too high, wrong price, etc.). I have assigned a few to end buyers. This particular one just feels like it might be worth pursuing. Should it be so, I am looking into joint venturing with a funding partner : 50/50 splits on the rental income and on the eventual sale of the house.

Take Care & God Bless,

Nathan

Hi.  I'be been talking with a seller that has two homes he wants to get unloaded.  He's tired of the landlord game and wants out. One of the properties is occupied with a tenant.  She's been there for 15 years, has section 8 subsidy so the rent is always paid on time. The seller doesn't want to "spook" her,  so I haven't seen the inside yet.  If he's on the up and up,  and I'll find out here this week,  the house is in decent condition with no issues other than it being old and occupied for 15 years.  The rent is at market for the area.  It's a 2bd 1bath house, 900 sq. ft. 10 year old roof.  Newer furnace and water heater.  The recent sold comps average out at $35k. He's asking 20k, but I've got him considering 11k. I won't move on it of course, until I see the inside.  

What are your recommendations regarding this long term tenant?  She's been a good tenant since the beginning.  The lease is month to month now. If the house is decent condition, does this sound like a good deal? How would you go about financing this deal if you were cash strapped like me? If everything works out,  if hate to miss out on having my first rental with a good tenant already in place. 

Hi guys! This is an amazing forum: one that I visit several times per week. Real quick - I am in the East Lansing, MI area (God's Country). I am new to wholesaling, but pretty active with marketing. I got a call from a young lady who is thirsty for tutelage and wholesaling wisdom. She is also seeking to obtain a RE License this summer. She wanted to be my intern! Cool! While the offer sounded good, I am in no need of one at this time. I have my wife and children all putting in work to see this business become awesome! So I am referring Felecia to the Bigger Pockets community. If you have been looking for an intern or VA, she may be the one to call on. If you have interest, let me know and I'll pass along her contact info.

Take care & God bless!