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All Forum Posts by: Chris Lamm

Chris Lamm has started 7 posts and replied 12 times.

Post: Best Markets to buy Apartments in US 2025

Chris LammPosted
  • Posts 13
  • Votes 13

I’m an investor considering exchanging out of CA and into an apartment complex. I want to find a market that is growing, returns are good, safe and has not already exploded like Nashville, Florida, Idaho etc..

Ideally somewhere that has good management, colleges, etc.

anyone have experience or tips? 

I have looked at Oklahoma, Alabama, and some parts of Kansas.


would love to hear your thoughts!


Hello, I am considering buying a few apartment complexes out of state and exchanging. I have been looking in the midwest like Kansas City, Indiana, but have also considered some of the areas in Florida that have not completely exploded yet. Does anyone of any suggestions on emerging areas that would be a great place to buy something in the range of 20-40 units? I own a lot in CA right now. 

Hello, I have seen a few of my competitor's buying, flipping and doing SubTo's, and owner financing. They have gone to some events, paid for courses and subscribed to some marketing programs. They live in another state and I dont know exactly where they went and the internet is super confusing on who is legit. Does anyone have any specific suggestions on resources, or specifically marketing companies that specialize in helping investors find off market opportunities? Thank you! 

I’d love to be a part of it. I’m new to this and excited.

Quote from @Chris Seveney:
Quote from @Chris Lamm:

Hello, I’m starting to dabble with private money and may get into it more.

I have some docs from an attorney drawn up but I would love to get some referrals or recommendations to private money servicing companies that can handle the payments, maybe some of the docs etc.

I’m also, any other events, books or resources I should be looking at. It’s a pretty awesome gig and I am surprised I haven’t done more until now but I am a mortgage lender and have a little more time these days 😂.


thanks!


 bifi loan servicing - bifils.com can handle private money loan servicing.

Tthanks!

Hello, I’m starting to dabble with private money and may get into it more.

I have some docs from an attorney drawn up but I would love to get some referrals or recommendations to private money servicing companies that can handle the payments, maybe some of the docs etc.

I’m also, any other events, books or resources I should be looking at. It’s a pretty awesome gig and I am surprised I haven’t done more until now but I am a mortgage lender and have a little more time these days 😂.


thanks!

Does anyone know much about how to navigate SB9 in CA or an attorney that knows how to navigate implementation  of SB9?

Post: Referral fees from agents?

Chris LammPosted
  • Posts 13
  • Votes 13

As most know, FHA opened up the conflict of interest rule where lenders can now play dual roles as agent and lender if they wanted to.
RE companies have been trying to get into the loan business, or have lenders pay their Zillow fees for years and I’m wondering if there may be another way.
Can a licensed RE broker collect a referral fee from another broker for a buyer or seller transaction if also engaging in the mortgage business?
I have been used to paying agents for MSA agreements that rarely make sense and would love to take control and move away from them. I now generate better leads, cheaper than Zillow and would love to try doing this differently.

Thoughts?


Post: Multi Fam or SFR out of State

Chris LammPosted
  • Posts 13
  • Votes 13

Thanks everyone! Super helpful.

Post: Multi Fam or SFR out of State

Chris LammPosted
  • Posts 13
  • Votes 13

Please