All Forum Posts by: Charles McCabe

@Theresa W. Well, I was curious about "We were going to sell to our existing LLC (for another business) however our mortgage is owned by Fannie Mae and they will not allow sales to a corporation" because I had batted around some ideas along those lines (selling my own house to a new LLC and renting it, and moving into part of a new MFR).

"active property management" If you ever acted on that, I was curious about your experience and the costs you've seen.

"Any lawyer recommendations in the Philadelphia/King of Prussia/Phoenixville area?"  Eventually I'll be interested in the same.  Seems to me there have to be lawyers out there who have gotten leases down to a [cheap] science.

Thanks @Marlon Wilson.

In your profile you say "Subject -To (5+ deals)".  Can you explain?

Thanks,

Chaz

Hi, @Robert Gonzalez.  My primary residence is in Lansdowne and I work (and half live) in Plymouth Meeting and Conshohocken.  Good to make your acquaintance.

Thanks,

Chaz

Hi, everyone.  I'm gearing up to buy my first multi-family property.  Sifting through the mountains of information offered by the likes of BP, trying to make heads or tails of the incongruous data on sites like foreclosures.com, putting together my property screener, etc.  The goals are to diversify my existing investments, build equity, and eventually have positive cash flow (for now I'm happy to break even while building the equity).

Let me know if you're in the area and want to compare notes (and by that I probably mean "educate me" ; >) over coffee.

Thanks,

Chaz

Hi, @Theresa W..  You asked some good questions there and I'm surprised there weren't any replies.  Did you ever get any of those questions answered?

Thanks,

Chaz

Hi @Robert Marsh.  I just joined last night myself and BP pointed out your post.  Since it's now after Christmas, I'm curious . . . how far did you get?  What have you learned?

Thanks,

Chaz

Hi, @Mike Bruno! I just joined last night myself.  My own house is in Lansdowne, PA and I work in Plymouth Meeting, PA.  Have you actually bought any properties yet or are you just surveying the landscape (like me)?

Thanks,

Chaz