All Forum Posts by: Arnab Sinha

I have paid for evicting my tenant in Fulton County GA for non payment of rent for June. In the mean time the governor closed all courts for increase in COVID cases. The tenant was served so she is aware she is getting evicted.

She is not communicating, not paying partial rent and basically living rent free. I read an article that courts wont open till November and they will do zoom meetings for hearing eviction cases starting mid August or September. However both parties have to agree to this virtual agreement. I am appalled by this as clearly the tenant would reject and stay rent free.

I clearly cant wait on the local state government to help in this case. What are my options or ideas to cut my losses and get this tenant out?

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Thanks Mike. I appreciate your input and experience there.

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Thank you Joshua and Austin for your insights. I appreciate it.

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Originally posted by @Armando DeGuzman:

@Arnab Sinha my partners and I are operating in Tucson. We are flipping SFH and rolling gains into multi-family. We're about 6 months away from being ready to buy. Anyone on this thread know of any good Brokers in Tucson for multi families? +5 units.

That's smart. Which neighborhoods are you guys focussed on?

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Tucson, Arizona

Originally posted by @Steven Lowe:

Originally posted by @Justin Ellis:

@Steven Lowe your profile says you're from out of state. Did you live in the area when you picked up your rentals or did you invest from a distance? Just curious. Also, who are you using for PM? Maybe pass this info to the OP as a good place to start asking specific questions about areas.

Yes I live in the Chicago area but I have close relatives in Tucson. They were the active drivers behind those acquisitions. I also did live in Tucson when I went to U of A. Recently we had a death in the family and that has resulted in me taking a more active role in those investments since I'm one of the few that has real estate and construction experience. The smaller properties we have an active role in we just manage ourselves, the bigger ones are managed in house by our investor partners.

Steven,

Are you or the family looking to exit some of these properties? I am interested in checking them out.

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Tucson, Arizona

Originally posted by @Justin Ellis:

@Arnab Sinha also, please tell us why you were looking in the areas you were? I assume you used a data set? Mind telling us what specific metrics led to the SE and SW? Also, what price point are you looking at for how many doors. And are you looking for any particular number of doors at 1 unit? I have an older friend with a 13 door unit that is probably just about ready to get out of the game. And he's mentioned carrying to me.

I got that info from Tucson Chamber of commerce.

Regarding the 13 units please share the location and what is your friend seeking for price?

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Tucson, Arizona

Thank you @Justin Ellis for your insights. Elaborate "Short term rentals". Is this < 6 months leases or Air BnB type gigs?

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Tucson, Arizona

Thank you @Derek Robinson

@Terry Burger Thanks for your insights. Can you share the contact of the realtor in Spartanburg?

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Folks,

Please share insights on neighborhoods where I should invest in SE and SW Tucson.

I am looking at small multi family opportunities in B/C class neighborhood with some value add opportunities.

Thank you

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Tucson, Arizona

Thank you @Derek Robinson.

What neighborhoods are your homes in?

I am also curious about small multi families. Can I get an intro to your wholesaler to find both SFR and small multi family opportunities ?

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All Forum Posts by: Arnab Sinha

Arnab Sinha has started 6 posts and replied 16 times.

Post: Need Suggestion - Fulton County GA - Evictions Moratorium - Stuck

Post: Should I invest in Mobile, AL

Post: Should I invest in Mobile, AL

Post: Invest in SE, SW Tucson

Post: Invest in SE, SW Tucson

Post: Invest in SE, SW Tucson

Post: Invest in SE, SW Tucson

Post: Should I invest in Spartanburg, SC

Post: Invest in SE, SW Tucson

Post: Should I invest in Spartanburg, SC