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All Forum Posts by: Albert L.

Albert L. has started 11 posts and replied 47 times.

Post: Want to invest in Memphis, but have reservations

Albert L.Posted
  • Investor
  • Temple City, CA
  • Posts 47
  • Votes 11

In doing my research, I'm so-so on the Memphis market, but like some of the turnkey providers there with a long track record of credibility, trustworthiness and not disappointing investors, which is #1 in my mind.

Some of the concerns I've read, but I understand may be skewed as I haven't read as much regarding other markets are:

1 - Difficulty finding tenants without financial judgement against them from PMs? 2 - Common for no appliances supplied due to theft, even in higher end areas. Good for landlord as less things to fix, but does it say something about the market?

I understand you can't generalize a market, but I'd still like to gather some feedback. If I were to invest, I'd like to focus more on B+ areas, 120-160k, in hopes of a more hassle free tenant. Would this be a correct assumption?

Post: Anonymity with Land trust after buying with personal name?

Albert L.Posted
  • Investor
  • Temple City, CA
  • Posts 47
  • Votes 11

Sorry, perhaps I worked the question poorly.

I meant, rather than purchase the properties in a trust from the beginning to offer maximum anonymity, does doing it after the fact offer similar anonymity protection?

Thanks for the reply! 

Post: Anonymity with Land trust after buying with personal name?

Albert L.Posted
  • Investor
  • Temple City, CA
  • Posts 47
  • Votes 11

 Hypothetical situation: if an investor purchased a couple properties with their own name in different states, then transferred each property to an individual different trust, does that still offer anonymity protection? How easy would it be for someone to find out the owner and link them together?

I'm new and still learning asset protection strategies.

Post: Fannie Mae 5-10 down payment reduction?

Albert L.Posted
  • Investor
  • Temple City, CA
  • Posts 47
  • Votes 11

How do you know if your lender uses Freddie Mac or Fannie Mae? 

Post: Termite Inspection recommended removal of stump removal

Albert L.Posted
  • Investor
  • Temple City, CA
  • Posts 47
  • Votes 11

Hi all, I'm in the process of purchasing a property in Mesquite and the termite inspector recommended removing a dead tree stump up against the foundation as a preventative measure.

My question is, should I remove it? I'm waiting for quotes to see what the price range would be. Are/Can termites be a problem in TX?

Thanks

Post: Wilson Investment Properties

Albert L.Posted
  • Investor
  • Temple City, CA
  • Posts 47
  • Votes 11

Thank you both for the helpful insight! 

Post: Wilson Investment Properties

Albert L.Posted
  • Investor
  • Temple City, CA
  • Posts 47
  • Votes 11

I also stumbled upon this company and would like to see if anyone has any feedback.