All Forum Posts by: Peter Philando

Although I was able to finish my flip within budget, I had a horrible experience with the contractor that I used. The guy stop answering calls at the end and he had very poor quality of work. I have a handyman/contractor that does very good work, but he won't be able to pull any permits for you. He did great work in my mother's house redoing her bathroom and bedroom ... good quality work. They quote for labor and you buy the materials. I'll find the number and PM you

I went to the website. How is the Find a City feature free? The only option I see to sign up is to choose one of the 3 paid memberships

Thanks @Greg Parker, I did reach ou to Kristi

I just completed a refinance with Navy Federal for an investment property, however that property was in my name and not the name of the LLC. Also, I believe you need to own the property for at least 6 months. 70% ARV and was very inexpensive ... I believe I only paid for the appraisal.

@Tyler Gibson Thank you very much

Do you do a preliminary title search on tax deed auction properties before bidding? If so, how do you keep the cost down, seeing that you can pay for many searches without actually winning a property?

@Wayne Brooks@Jermaine Chad Ingram Thank you for your speedy reply, very appreciated. The fees are in line with what was quoted. 

Planning on buying properties via tax deed sale and wanted to get an idea of associated cost

Hey Alex,

Congratulations on your first multi-family deal! Does it need any rehab? Cashflow looks good and I see you accounted for property management ... even if you intend to self manage. Do you plan to self manage or you an OOS investor?

I live in South Florida and invest in Montgomery. I would definitely advise taking a trip if this is something you want to be serious about. You need to know the market, network with other investors/PM/realtors ... get some face to face. Go to Home Depot and Lowes early in the morning and you'll see lots of contractors (big and small) that are getting work done. Ask the employees at the pro desk who comes in everyday or very frequently. You might just see it for yourself after a few trips. Interview PMs, tell them your strategy for investing so they know exactly what you're about and to see if their business approach aligns with yours. Develop the team and then you can truly invest remotely with more confidence and less stress. Its 500 miles for you to drive or fly. Sorry, I don't have any specific to referrals for you, but just want to share that just in case you are not doing it.