All Forum Posts by: Adrian Stamer

the only problem is it's illegal in the city of Richmond still

http://wtvr.com/2015/05/18/airbnb-not-legal-in-cit...

http://wtvr.com/2015/08/31/short-term-rentals-through-airbnb-will-be-illegal-during-uci-bike-race-in-rva/

Can anyone suggest me a good book on strip mall retail type commercial investing?

To live in? Doesn't seem any upside for investment

hey good luck, bp is a great resource. I am also looking for deals, please let me know when you get them

welcome and good luck

 Hey thanks for the feedback. I typically go by the rents as is, but due to my familiarity with the market and lots of success raising rents I'm just trying to figure out how to better assess the under market rent properties. 

this is a great thread, thanks for the indepth analysis 

So I was wondering how to consider a property with severely under market rents. 30-40 units about 35-42% under market. I'm familiar with the area, own multi family in the area etc. Obviously raising rents takes time and at the current price the income is not worth it. But when raised, the deal makes sense after approx a 20% increase

How should I approach this? Thanks

looks good to me

Bigger pockets is the best resource there is, I also recommend checking out the local reia meetings