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All Forum Posts by: Adrian Stamer

Adrian Stamer has started 14 posts and replied 300 times.

Post: Wholesaler

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167

Hi id like to be added to your list 

Post: How to manage a PM? My PM keeps my rentals occupied but no cash flow

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167

give us the numberssssss

Post: Closed on 250 apartments in Houston, Texas yesterday! 2 Lessons Learned...

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167
Originally posted by @Joe Fairless:

@Nick B.we bought for 14.1M and are putting in about 2M in renovations. The current vacancy is 4% and projected for the first couple years during renovations is 7%. 

 The updated sig was a decent clue on the purchase price but looks like you were helpful enough actually sharing it. Thanks for the info and congrats on closing the deal

Post: Does anyone see anything wrong with this plan about buying hotels?

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167

this thread is great

Post: About to make worst decision of my life

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167
Originally posted by @Kevin Beres:

UPDATE*

Thank you all for your advice. I wanted to update this thread since I ended up reaching an amicable solution for all parties. I voiced my concerns about the property not being in the condition that it was suppose to be at closing and how I was unwilling to close AS-IS. I was able to renegotiate the closing cost so that I am getting money to fix the major issues. I am glad I posted this topic as I don't think I would of been so vocal about the issues without your support. I am closing today and I feel 100X better about the property.

Thanks!

 Good to hear. Sometimes a desperate situation actually turns into some pretty good negotiating

Post: Who Are the Quality Commercial Lenders in Virginia?

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167

Done a couple through union and also recommend. It depends on your area though, smaller banks are the best but they only operate in smaller areas

Post: New Member from Richmond, Va

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167

welcome I recommend checking out the reia here

Post: Rchmond VA ghost college town in summer good or bad investment?

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167

richmond is definitely not sleepy in the summer. Vcu is 30k, but not everyone leaves. Rihmond is around 200k with greater area being over 1 million. 

Also extremely hot market right now, that is much more your problem

Post: Anyone in VA??

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167

richmond reia has what you need

Post: Newbie out of Richmond Va

Adrian Stamer
Pro Member
Posted
  • Real Estate Investor & Agent
  • Richmond, VA
  • Posts 319
  • Votes 167

just keep reading bp! All the info is here