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All Forum Posts by: Anna Christie

Anna Christie has started 2 posts and replied 2 times.

Starting Out

Post: Is it Legal to Find a Deal This Way....?

Anna ChristiePosted
  • Posts 2
  • Votes 1

Hello BP,

I own a condo and am on the HOA Board. I would like to buy another condo but there aren't any for sale. Is it legal for me to have my real estate agent send out letters to all the owners saying he has a buyer interested in their property?

Let me know your thoughts.

0 Votes
Multi-Family and Apartment Investing

Post: Turn Small Hotel into Monthly Rentals - good idea? Bad idea?

Anna ChristiePosted
  • Posts 2
  • Votes 1

I am looking into a 16 unit hotel that has lots of deferred maintenance and has been renting rooms by the month. Needs roof, paint, flooring, pool is unusable. Location is great, right off freeway and has its own billboard. Besides fix up costs what hidden costs or issues should I be aware of for a old hotel? Are insurance, licensing, or city fees a problem? I have only rented out a single condo before. My intention is to fix this place up unit by unit and ideally rent to traveling professionals.

Any input/guidance is appreciated.

1 Vote