Hey! Welcome to our RU-vid community over here at The Clark Estate.
Join in conversations around - Real Estate Situations / Real Estate Education & Home Tours!
My name is D. Clark. I am Your Educational Real Estate Advocate in the Metro Atlanta, GA area. Have questions? Or suggestions about topics you would like to hear about. Just reach out! My email is below! Thanks again for joining our community. I hope you enjoy the content and share it with a friend! :)
@@Clarktherealtor I have been watching your videos for the past month, have audited your RU-vid channel and found some problems. Can I talk to you about this?
@@Croix98101 I work really hard, so it can be hard to film my own personal day. But, my friends are always like you do so much in real estate you need to film it. I will try to do more videos like this. Thanks for watching and being a subscriber on the channel. I truly appreciate it.
Nobody forces anybody to sell their property on any specific platform. If someone can’t read and understand the terms of agreement and/or their rights, they have no business engaging in the act unless they hire an attorney to get them through the process. With Opendoor there is not a single step that sellers don’t agree to or forced to agree to sell on the platform
@@chicago9458 This video was made basic off my interaction with Opendoor, and to layout facts in which they do. I agree everyone can do what they please and are not forced into things. Thanks for watching the video. Please subscribe and share if you haven't already. Thanks again!
I have never saw any admin fees on apts til after Covid it’s like everybody just charging extra fees to gain extra money. It’s a beautiful place but it’s a lot to pay to get in.
Almost a quarter of a million dollars for less than a thousand square feet? This is not California and if it were it would be just as crazy. This is Georgia.
The staging is on point, but I felt claustrophobic just watching the video. Interior space is tight and exterior space has a fish bowl feel to it. Definitely not worth the asking price.
The one thing that might come out is this so-called property rental software company might be related to Trammell Crow. I'm not saying that just because their offices are 10 miles apart, I'm saying this because Trammell Crow make large investments in companies like this. Secondly if you're a realtor in Atlanta then you more than likely know that several of these large companies use these apartment complexes for money laundering. How do you spell contractor for several large real estate Management companies and you wouldn't believe how many times we caught these property owners trying to use these properties for the purpose of money laundering.
@@Clarktherealtor Yeah, that used to happen a lot with real estate investment groups that are Incorporated and licensed out of Florida or New Jersey but they owned properties in Atlanta. They had a vacancy rate of 40% and rented construction equipment would start showing up, several 30-yard dumpsters would be dropped on the property. Landscaping and construction material would start showing up. Surveyors would start showing up for the utilities and property line. And absolutely NO NOTICES or PERMITS from the cities anywhere. I had this happen on the property in Midtown, Alpharetta, and Buckhead. It was so bad at one property that the (asset manager), not the property manager, showed up and told me that they were dumping the client. I doubt if any of those properties are still owned by the same so-called "investment Group". I walked away from that around 2006. Most of the property managers I worked for are probably all retired by now.
The game was up in 2020. This is when several large equity firms started to buy apartment complexes. In cities like Chicago, Boston, Philadelphia, Washington dc, and Atlanta. These were predominantly black cities where these predatory landlord practices were being implemented. People started to complain and these large real estate Management companies were all saying... (it's just a coincidence that the rental prices in these markets were ALL the same). But like in any large industry, you're going to have industry insiders who are going to be turning over internal emails and recordings to the SEC, FTC, and the Department of Justice. The Department of Justice has been collecting evidence for the last 3 years. This case over before it began. The Department of Justice has all the evidence they need.
$600,000 for 1,650 sqft, with one living area, small rooms, small closets and to have to park your car and go out in the rain, heat and cold is going to be a hard sell. The builders have basically built an apartment
I agree! If the home was set on a few acres of land to expand then maybe. A little over half a million with neighbor's directly next door, street parking and the open floor plan ain't that open. We gotta do better for the blue, gray and no collar workers to get ahead.
That corner lot is tiny, tooo much money and u can’t even get out of ur car in the back yard or plant a single flower nah pass on this one, come down da road 75 miles either way and u can get 5/5 acres and a better house, everything new ant worth ur money 😊