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All Forum Posts by: Benjamin Papet

Benjamin Papet has started 13 posts and replied 31 times.

@Nathan Gesner You're missing my point: I truly appreciate the gift and I'm not discounting my agent. However without the buyer (me) there's no transaction, hence my question. 

Post: Buy and Hold

Benjamin PapetPosted
  • Posts 36
  • Votes 6

Investment Info:

Single-family residence buy & hold investment.

Four long-term rentals
One primary residence
Looking to grow to Ten in the next three years

Hi BP, 

Looking for a reputable PM company in Alpharetta, GA. 

Anyone you would recommend?

Thank you!

Hi all, 

Looking to diversify my portfolio and invest in STR. I was wondering if Las Vegas was a good market for that...

Any thoughts? 

Thank you BP community!

Hi, BP!

I am a beginner investor in the Denver area. I have been working with my agent exclusively for about two years now and I am about to close on my 4th property in a few weeks. She's told me that I was her "best" client: Four deals in two years worth $1.475M

On my previous deals she'd usually bring a gift at closing (bottle of champagne, Amazon gift card...)

This new property I'm about to close on will be my primary residence and needs appliances. Is it appropriate for me to ask for a more "generous" gift card to go towards covering the cost of a new fridge? 

Please note that because this new property is a new build, the home builder stipulates in the contract that the agent commission is 2.5% as opposed to the standard 2.8% and my agent said she would not be asking me to cover that 0.3% (which is $1350)

Thoughts?

Thank you for your feedback!
 

Hi BP community, 

I am looking to 1031 exchange one of my properties to invest in a short term rental in Maui. 

I am looking for a reputable PM company that specializes in STR. Do you guys know of any?

Thank you very much!

Post: Rookie investor looking for guidance/insight

Benjamin PapetPosted
  • Posts 36
  • Votes 6

Hello BP community, 

I currently own four properties and I am looking to grow my portfolio so I can quit my W2 job. One of my properties is located in CA: I own it free and clear and it generates $800/month in pure cash flow, it is worth $380k. I believe I should sell it and reinvest the money in multiple properties in the state I live in (CO): 1) CO is a hot market 2) CO is not nearly as expensive as Southern CA. so I could put money down towards multiple properties, or a small-multi and still have money left from the sale of my CA property. It seems to make more financial sense to me. I would greatly appreciate any feedback/insight anyone might have. 

Thank you!

Post: Property management companies in Denver

Benjamin PapetPosted
  • Posts 36
  • Votes 6

@James Carlson Thank you for reaching out James! Will be contacting you early 2021 to look at investment properties.