All Forum Posts by: Lloyd Schroeder

@Wesley Dean

@Joel Florian

Hello Joel,

Feel free to reach out to me as I lived in Alaska for quite some time. I also still have investment properties there as well. I just moved out of Oahu, HI - I was there for 4 years and bought and rented out my investment there as well which I still hold. I am fully rented out at this point in time, but may have an opening so please check with me. I am currently living in MN now.

Regards,

Lloyd

Thanks everyone for your comments! Is this class online? Glad to hear the class is online! Issac - I guess I never thought of a PO Box as an alternative. It does however state that the owner must “live” within 45 miles so not certain this will work. Still calling around to see if I can find a realtor to go ahead and become the POC - take calls / relay - while I perform the move ins/outs, etc.

Again - thanks everyone for your comments!

I’m getting ready to close on a property in a college town in central Minnesota. I’ve bought and managed a lot of properties in various states. I also have property management companies run my properties as well.

Situation

Going to close on a property in Minnesota, and upon looking into the rental licensing for this particular college town Saint Cloud I read some disturbing information which I couldn’t believe was real.

It states in the application that if the owner lives 45 miles from Saint Cloud. Then a property manager / agent must be listed below and live within the 45 miles of Saint Cloud! WTF I SAY! I have never in my life ever heard of this before! I’ve called from 4,000 + miles away and dealt with a problem by calling a plumber and getting it done right away! Why 45 miles? If there is an emergency I am sure 911 would be called right?

It goes on to say the property manager / agent below is authorized to order repairs and/or service to the building.

I live approximately 75 miles and it would take me roughly 1:15-20 to get to the property.

Adding to the pain....

It also says *** New Applicants must complete Rental Property Training within 6 months of application. I called the lady and explained I have well over 12 years experience- she says I still need to go through this training.

Thoughts

If I was to hire (I would be willing to pay a small fee to have the “Boots on he ground” if I needed to have someone order a plumber, or whatever came up I would. If you know someone in the Saint Cloud, MN area as a licensee

Sorry - Venting my frustrations!

Lloyd~~~~~

Hello Raffy,

I am on Oahu, and I am currently investing in other states. I actually just put one on the market which I got on Auction.com for 52k over 4K miles away. It requires trust and a team on the ground to get this done, and it definitely can be great investments. 30k Reno and listing 139,900.

Lloyd 

Hello Team,

I am an experienced investor looking to hook up in the Oahu real estate deals.

If you are the same as me, and interested please let me know.

Regards,

Lloyd

I know that VRMCO has the selling aspect for the VA Vendee loans, but what is going on with the lending aspect? Does anyone know if this is totally suspended? I see VRMCO has the properties listed, but no financing is available as of yet?

Any Ideas would be greatly appreciated!

Regards,

Lloyd