All Forum Posts by: Ben Daniel

Quote from @Tyler Gibson:

Quote from @Ben Daniel:

Hello, I am in need of a new property manager for my rental properties in Central Florida. If you have any experience with a property manager in the area that you would recommend, please share. It would be greatly appreciated! Thank you.

 I have a couple of great PMs for both long-term and short-term I can recommend.

 I am looking PM for a long term properties, Thanks!

Quote from @Raymond J. Rodrigues:

For STR or LTR? I have recommendations for both!

 for long term rental

Hello, I am in need of a new property manager for my rental properties in Central Florida. If you have any experience with a property manager in the area that you would recommend, please share. It would be greatly appreciated! Thank you.

Hello

I started my real estate journey 4 years ago, purchased a few properties every year, my current portfolio includes 17 units with a monthly cash flow of $8K, now I am trying to figure out my next step.  My initial cash flow goal was $12K to cover our monthly expenses, with inflation its looks like we need $15k.

I have $1.4M in debt and $2.2M equity in my properties and I don't like debt, I am trying to figure out if it makes sense to start to pay off my 9 mortgages and reach my goal of 15K with free and clear properties (I believe I can do it in 6-8 years). 

The biggest struggle is to pay 3%-3.5% mortgages... I am sure I will look back 15 years from today and think I did a huge mistake

I will love to get opinions from more experienced investors

Thanks

Hi 

I really need help on this, I have a C class rental, we need to replace the shower and the size is very unique, then there has to be tile on the wall and floor.
Any recommendation for the type/color of tiles on the shower wall and shower floor?

Design is not my thing and I got lost with all the options, I do it from the other side of the country...

Thank you all!

Thank you

@Donna Hampton I just sent you a PM

Hi BP Community!

Can anyone recommend a fair and honest general constructor in Panama City FL?

I purchased remotely 5 unit property a 3 months ago and I have the first turnover in one of the units, looks like the unit is in bad shape and I just received a huge quote for an 850sqft unit turnover from my PM to basically replace everything... 30k quote....

I need help and don't know where to start... any suggestions/advice would be extremely valuable.

Thanks

HI,

My name is Ben, and I have a small portfolio of 12 (8 SFH+4plex) units I purchased in the last 2-3 years.

I plan to buy multifamily 8-16 units by the end of the year; my budget is up to $1.2M.

I never apply for a commercial loan, and I have no idea where to start. Do I need to form an LLC before I have a deal, what are the terms I need to expect, like # years, common rates %, LTV for commercial?

Any tip will be helpful.

Thank you in advance