All Forum Posts by: Bryan Crow

I use ERA Neubauer in PC and PCB. They do a great job.

I want to take over management of my rental properties. Does anyone have any experience with TenantCloud? Are there better products?

Thanks in advance!

Bryan

Reach out to Benetrends for information about ROBs. They specialize in that. 

Congratulations and Good Luck!

Bryan

My property manager states in his contract that I can terminate our agreement by written notice anytime with a 60 day notice and a payment equal to 2 months rent. This seems excessive. A previous company I dealt with in Tampa had a 1 month rent early termination clause. I can terminate on the anniversary with 60 days notice without penalty but the agreement stays in force as long as the resident stays in the property. Is this SOP?

My property manager does not want to do property inspections. Have you heard of this? What is a typical charge for a quarterly inspection?

Thanks in advance.

Bryan

When is the next meet up?

Thanks!

@Jack Halldin Thanks for the input. Paying cash gives me an advantage in this market as the inventory of 3-2s is extremely tight. 

@Curtis Harvey Point taken. I will talk to other lenders. I was just curious about others' experience. Thanks

Thanks Gentlemen. My takeaway is that since the house will be titled in a corp, a conventional loan is not an option. My avenue of pursuit is to find a lender who will extend a 25-30 yr amortization. That will allow for proper cash flow in the deal. 

I am discussing future plans with the bank. I am actively looking to purchase a property now with cash. My discussion with the bank was to learn what terms are available in this market to refi. This was my first bank to have this discussion with. The house will be titled in a corporation. 

Thanks.