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All Forum Posts by: Frank Lin

Frank Lin has started 6 posts and replied 8 times.

Quote from @Steven Foster Wilson:

Hi @Jimmy Lieu you may find that most of the big name property managers will have trouble focusing on you when they have 300 other units.

I work with a local woman who now has just 10 properties she manages. She focuses on tenant satisfaction while keeping costs low for investors. She wants everything to be handsoff for the investor. 

You sure this is safe? not a scam?

What have you guys heard about Tristam of Cap Rate Realty? Good, Bad?

I hear Donny is C class expert. mixed reviews when i talked to 3 people about him. 

tough to find a dependable PM. 

what areas do not have foundation problems in San Antonio? I heard along the I-35 has alot of foundation issues. where are there little no foundation problems in San Antonio.  northside has less? Does Boerne have a lot of foundation issues too?

Post: San Antonio Foundation issues and repair

Frank LinPosted
  • Texas
  • Posts 8
  • Votes 3

Anyone with foundation issues after the foundation have been repaired? Seems like San Antonio is notorious for foundation issues. Just wondering if it's possible to repair foundation issues after it has already been repaired in the past and how hard is it.  How common is it in San Antonio to do it a 2nd time? Thanks

Hi,

I have some single family homes, triplex and 4 plex. I'm trying to get into commercial multi family real estate, specifically looking at around five units to 12 units. Can someone tell me which sources or books I can read that can break it down in terms of the steps and the lenders and what the lenders are looking for, and the process of closing? I've heard of the book by Michael Blank Financial freedom with real estate investing, but looking at the reviews it seems to talk more about syndications. I am not planning on doing any syndications right now. I just need some guidance on how to talk to lenders or what lenders are looking for in terms of rent income, loan to value, etc. for five units to 12 unit Multi family property.

Thank you!

Frank

Post: commercial multifamily real estate 5units-12 units help

Frank LinPosted
  • Texas
  • Posts 8
  • Votes 3

Hi,

I have some single family homes, triplex and 4 plex. I'm trying to get into commercial multi family real estate, specifically looking at around five units to 12 units. Can someone tell me which sources or books I can read that can break it down in terms of the steps and the lenders and what the lenders are looking for, and the process of closing? I've heard of the book by Michael Blank Financial freedom with real estate investing, but looking at the reviews it seems to talk more about syndications. I am not planning on doing any syndications right now. I just need some guidance on how to talk to lenders or what lenders are looking for in terms of rent income, loan to value, etc. for five units to 12 unit Multi family property.

Thank you!

Frank

Hi, 

I have some single family homes, triplex and 4 plex. I'm trying to get into commercial multi family real estate, specifically looking at around five units to 12 units. Can someone tell me which sources or books I can read that can break it down in terms of the steps and the lenders and what the lenders are looking for, and the process of closing? I've heard of the book by Michael Blank Financial freedom with real estate investing, but looking at the reviews it seems to talk more about syndications. I am not planning on doing any syndications right now. I just need some guidance on how to talk to lenders or what lenders are looking for in terms of rent income, loan to value, etc. for five units to  12 unit Multi family property.

Thank you!

Frank

What is the rate of natural disasters in Charlotte, North Carolina.  I'm planning on investing there, but read that sometimes there's tornadoes (rare).  Alos hurricanes can reach North Carolina, and sometime Charlotte.  Also flooding is high in Charlotte.  This is what I read online when I did research.  What are your experiences in Charlotte, NC in terms of these disasters occuring?  Last thing I want is to get a property, and then something bad like flooding occurs, etc.  Thans