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All Forum Posts by: Chris S.

Chris S. has started 8 posts and replied 164 times.

Post: First Purchase, Alaska 4-Plex

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

Hey, I am one of those Mt View Investors, although we also have places in other areas as well.

Mt. View can be really good. But I wouldnt reccomend it for someone who isnt going to be there to monitor it, or if you dont have a really good PM who knows the area and is willing to do it. You really need to keep a close eye on Mt View places. We have had generally good experiences, but I live in the area and my tenants know that I am always around. Besides that I havent had issues there, but it does vary street by street. In my experience the closer to Mt View drive you are the worse it gets. 

I agree that it's for the better your backed out. Find an easier place to manage, especially if you wont be around. Or invest in security cameras with an internet connection so you can constantly monitor everything happening. But again, that's an added expense.

You will find a place, just keep looking. Feel free to reach out if you have any questions. 

Post: Looking for strategies for change of situation

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

I agree with Keenan. Sell the Duplex in Anchorage, and look for alternative lenders in your market. Just because you cant qualify for FHA dosn't mean you may not be able to qualify for a conventional 5-10% owner occupied loan.

Biggest reason to sell the duplex would be to get rid of that credit card debt. That stuff will kill ya

Post: Alaska Real Estate Investing

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

If its a good deal sure. They are easy to rent out, but we do have pretty bad homeless right now downtown so keep that in mind.

Post: Go to Portfolio Lender

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

Never any love for Alaska :*(

Post: Best place to list rental listing?

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

We get most of our applications from Zillow group and FB marketplace. Maybe try listing your minimum criteria on the FB ad? Might weed out some of the bad applicants. Our software we use sends it out to all of those, but we do seem to get the best potentials from Zillow group. 

Post: $0 Money Down First Investment Property (2020 Year End Update)

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

Congrats from here as well! I actually looked at one extremely similar, possibly the same one, before. Good area and I think you made an excellent investment. 

Post: Getting Cold Feet in Alaska

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

Hey,

Sent you a PM as well. Would need a bit more information about the property to see if I could help. 

Post: Would you invest in the most Dangerous cities in America? Ranked

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

I second what Keenan said. I invest in the "rough" areas of Anchorage and they are nothing compared to the bad areas I have seen in other cities in the lower 48. Biggest issue we have up here is vehicle thefts tbh. And most of those are from people starting their car in the winter and going back inside. Crime of opportunity after all. 

We do have very high levels of alcohol and drug abuse, which lead to a lot of the vagrancy issues Keenan was talking about. 

Post: My First "live-in Flip" Step 1 with before and after pics

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

Looks great! Nicely done

Post: Alaska Investors?

Chris S.
Posted
  • Property Manager
  • Anchorage, AK
  • Posts 173
  • Votes 158

@Taylor H Evenson

Hey, always interested in meeting more investors and especially contractors haha. I will send you a pm with my number.