All Forum Posts by: Carlin A Guarneri

Hi Scott, great thank you for the information. My research has been showing Jacksonville and Sarasota as the bigger growing markets in Fla at the moment. Wondering where/if there are MF opportunities are in Jacksonville. Per Minna's post, it seems there's not much in the way of the smaller multi's... wonder if there's room for ground up builds.

Carlin

Minna,

This is exactly what I was looking for. Thank you so much for taking the time to provide that background. I will share this with my team next week and will probably reach out to continue the conversation if that is okay with you!

Thank you again,
Carlin

Hi Najma,

Thank you, we are identifying 2 other markets as well - though trying to stay in states that are less regulated. That being said, happy to take a look at any market. What were your thoughts? Would be open to hearing more about your market.

Carlin

 Hi Minna,

Thank you for the response, my fellow Nutmegger. :) We're still refining our buy box - currently researching the market for 20-100 unit MF properties; exploring B and C properties, preferably newer builds (after 1980), value-add not turnkey. We've identified Jacksonville as a market to research.

Outside of the MF strategy, I would personally be interested in taking a look at SFH fix/flips - under 400k ARV, not full gut, 1100 sqft min, 3/2 (no double yellow, flood zone, or commercial tangent).

Let me know if that helps and thank you again for reaching out. I will be in the area in a few weeks and would like to explore the market and set up meetings.

Best regards!
Carlin

Hello group,

Currently researching the Jacksonville, Florida market for MF investing. Anyone know this market who can share some insights, please? Growth areas, areas to stay away from, etc. Hitting some roadblocks here in finding the data due to the geographic size. Thank you in advance!

Carlin

Hi all, thank you so much for taking the time to give your feedback on this. Wanted to give you an update –

So at the end of the day we decided to not approve the camera request (discreetly fielded it with my best ever tenant of many years who lives in the same property and that tenant was not comfortable with the idea which was the deciding factor)...

That being said, we approved the Ring doorbell request - with the caveat that we have access as a shared user - and asked her if there were any particular security concerns the tenant had that we can address for her.

The response we received was very short and did not mention any specific security concerns at all (not a peep about why the request for cameras came in), and only said that they weren't going to get the Ring because it felt like an invasion of her privacy for us to have access so she just wasnt going to get it. 

This was kind of ironic to me since my initial concern w the cameras was invasion of privacy for the other tenants via her requests. lol. That seemed odd, as well as zero response as to why there was a need for front/back door cameras. Needless to say I will be keeping an eye on this tenant even though they passed screening very well with great credit and landlord & employer references.

 Anyway, wanted to follow up on this to close the circle on how this proceeded for anyone interested!

Have a new tenant who just asked to install a Ring doorbell and cameras outside of her front and back doors. This is in a multi-family (3) home and she is on the first floor. I'm not comfortable with this given the 2nd and 3rd floor tenants also have access to these common areas. Some background on layout - her front door leads into the 'foyer' of the front common entrance. the front camera would observe them going in and out and also downstairs to the laundry area. Her backdoor faces out to the first floor landing of the 3-story deck which tenants use 90% of the time to go up to their apartments (shared off-street parking in back). I feel this kinda violates their privacy and I want everyone to feel comfortable. But I also want the first floor tenant to feel safe. Any thoughts, suggestions, advice?

Hmm okay, thank you for the insight. I would be concerned about the background check more than the credit check as long as her daughters credit comes back okay and her income covers our criteria. Background and criminal though is important. Any tips?

Hello, 

Prospective tenant informed me her mother who will be living with her (and submitting an app as well) "doesn’t have a social security actually it’s just a tax ID." I've not heard of this before and was hoping to group might be able to shed some light on what this might mean so I can be informed while I wait for their apps to come through tomorrow. 

My understanding was Tax ID's were allocated for businesses, not individuals? Hoping for your insight.

Thank you in advance,
Carlin

Thank you, @Joe Splitrock, this was exactly what I was looking for – hopefully the Virtual PO Box product becomes available sooner than later.

All – thank you for the responses. Do you have a form you use or just casually email the payment options to the tenants?

@Mark F. – Re: Venmo, it is my understanding Venmo can not be used to pay for professional services per their Terms and Conditions.