All Forum Posts by: Eddie Knoell

Thanks Rob Fuller for the response on this forum, I really appreciate it. You mentioned that you now encourage investors to purchase rented homes, how does that logistically work with the ROIPGM process? Aren't most of your homes rehabbed? Are you saying that you recommend your investors to wait to close on one of your rentals homes once the rehab is complete and the PM gets a new tenant in there? OR is ROIPGM looking for homes that won't need rehab and have an existing tenant?

Look forward to your reply. Thanks 

Hi Rob, I actually am in contract on my first property with Spartan Invest. Rehab should be done this month and then we'll close. I like what I have heard so far about Spartan. 

How long on average were your properties vacant? and did you the rent you were expecting?

Thanks Caleb, 

To clarify, the 2 turnkey providers that own and operate their property management company took care of the utilities while it was vacant and didn't bother me with them. Are you saying it is unusual for a turnkey provider who owns and operates the property management company to take care of the utilities for the investor while it is vacant?

Thanks

I started investing in residential real estate in 2017 by purchasing 3 properties from 3 different turnkey providers in the midwest. Two of the turnkey providers operate their own property management company. These two turnkey provider PM handled all the utilities while the properties were vacant, which was great. The turnkey provider that does not own and operate the property management company, is pretty much "hands off". I had to put the utilities in my name and although it isn't a big deal, it is just extra work that was nice not having to mess with. 

What are your thoughts?

Hello Daniel, I purchased a property from ROIPGM October 26th 2017. The property manager is AHI. This is my first property with them and I am still not sure what I think about their turnkey service. 

My property is still vacant. It has been marketed for rent since August 2017. So, this is a bit disappointing. AHI just took over their property management in November 2017 so I know there really isn't any history with them. 

Did you decide to purchase a property with ROIPGM?

What turnkey provider did you use in Birmingham?

Sorry to hear that Brian, how many properties did you purchase with Morris Invest?

Is it a fair assumption to say that if your insurance company ever pays a claim with your umbrella policy they will then cancel your umbrella policy after? Do you think that a person in this scenario would ever be able to get another umbrella policy with another insurance company? Anyone have experience with this?