All Forum Posts by: David Kerner

I'm seeing neighborhoods like Lincoln Heights bringing $ 700 to 800 per month at a puchase price of $45 to $55,000. Contact me if you need some assistance

Id be happy to assist you with PM in Charlotte. PM me and we can discuss

I'm closing on a triplex and I was surprised to find out that the lender wanted 25%. They said that's how it is with multi family

Charlotte, NC and area Property Manager

We help Residential Rental Property owners who struggle with finding the time and resources to maintain their income producing rental properties.

David Kerner Properties offers Professional Property Management that uses turnkey systems, checklists and processes to alleviate your stress and increase your investment revenue.

We Provide:

• Marketing & Tenant Procurement
• Tenant Screening
• Leasing
• Management
• Maintenance and Repairs
• Accounting and Reports
• Automated Rent Payments to your bank account (ACH)
• 24/7 Access to Owner and Tenant Website Portal

Fees:

• Tenant Procurement

(half of first months rent/$400 minimum)

• On Going Management Services

(8% of monthly rent/$75. minimum)

Contact us at:

David Kerner-Realtor-Broker-PM 

(Licensed NC/SC)

704-280-0836

[email protected]

www.DavidKerner.com

Hello everyone. I provide Property Management Services in the Charlotte, NC area and I would be happy to help you.

Hello everyone. I provide Property Management Services in the Charlotte, NC area and I would be happy to help you.

I would like your advice on my strategy.

The plan is to find equity partners for buy and holds. The equity partner would partner with me in an LLC where they would bring the entire cost to buy a rental property for $50,000 in cash. I handle boots on the ground work of acquisition, property management and accounting.

The Cap rate on the deal would be 10-12% which we would split along with any future expenses and tax depreciation.

Lucas,

Could you refer me to that Lender you mentioned in this post?

What is very disappointing is that all of the wholesalers I am coming in contact with think that they are offering the properties to me at investor prices (75% ARV).... when in fact they are picking up their properties at 90% ARV and trying to pass them to me at 100% ARV.

Im going to have to become my own wholesaler.