All Forum Posts by: F Thomas Gehrig

I am going to go with RentRedi. Thank you

I currently have 16 doors. a 9 unit studio building, a quad with 2 bedroom units and 3 SFR . I am purchasing a Motel to convert to studio apartments. it will have 13 studios and 1 3 bedroom unit. It is an hour drive from me. I will only do online payments there. On my existing units most prefer to pay cash. I would like to convert more of them to online payments. I am a Pro member. So I can get the 2 CRMs for free or purchase a different one. Also . I am going to do 3 llc on my bigger properties. Does a CRM allow me to manage different entities on

one platform

Stessa or Rentredi. I have a 9 unit, 4 unit and 3 SFR.Let me know what you like and why?

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $35,000
Cash invested: $75,000

large historic stone building converted in its past to multi unit building

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $70,000
Cash invested: $55,000

4 family built in 1990, 2 bedroom 1 bath. Tenant pays utilities

What made you interested in investing in this type of deal?

make money

How did you find this deal and how did you negotiate it?

MLS,

How did you finance this deal?

cash

How did you add value to the deal?

remodel 3 units, upgrade

What was the outcome?

higher rent and better tenants