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All Forum Posts by: Account Closed

Account Closed has started 6 posts and replied 82 times.

Post: Recommendations for accountant/lawyer in Alabama

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

Talk to a couple local brokers about who handles most of their deals, would be a good place to start.

Post: Syndicate Analysis Programs

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

@Joel Owens  Have you used that service before? Happy with it?

Post: 21 Years Old, Closed on 1st Multi-Family with only 5% Down

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

Congrats on the purchase! I started at 21 as well. I'm 25 now and own 7 properties.  Sounds like your off to a great start, that's a nice looking triplex. The number's look solid, should cash flow even better once you refi it.

Post: 120 day early termination with early termination fee

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

That's pretty standard from what I have seen.

Post: New member from Enterprise Al

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

Welcome from a fellow Alabamian!

Post: Looking for Alabama Attorney near central to east AL

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

I have a good one in Gadsden if that's not too far a drive.

Post: Finding Off Market Multi-Family Properties

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17
Originally posted by @Stephen Franco:

I do this in PA and NY NJ and would be happy to guide you.  or collaborate.  PM me please

 Would this work in Alabama and surrounding states?

Post: The Magic Bank Account

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

That's great. Thanks for sharing!  Roll Tide!

Post: Commercial property management career opportunity

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

Yes, 

I would agree, typically business people are better behaved tenants. Now, I have had 1 mom and pop type tenant that trashed the place. All my national tenants are great to the buildings and easy to work with for the most part. Mom and pop will nickel and dime you to death.

Post: cash out refinancing strategy

Account ClosedPosted
  • Investor
  • Cedar Bluff, AL
  • Posts 83
  • Votes 17

How is the ARV determined ? Comps from a local realtor ? What steps do you take if the ARV is wrong after you've done the deal?

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