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All Forum Posts by: Hunter Duplantis

Hunter Duplantis has started 2 posts and replied 5 times.

Post: Concerns with market rates and what I should charge for rent

Hunter Duplantis
Pro Member
Posted
  • Posts 5
  • Votes 5

@Logan Lambert well my section 8 tenants that are currently in there are living pretty thugged out and I’m sure that when I need to recover the unit that it’s going to be significantly damaged due to the fact that I had an inspection done three months ago and wasn’t happy with the pictures I received. Makes me very cautious.

Post: Concerns with market rates and what I should charge for rent

Hunter Duplantis
Pro Member
Posted
  • Posts 5
  • Votes 5

So I have spoken with a friend that manages an apartment complex minutes from mine but is a little nicer. Her rates for rent are in the 1300s on up. I have my rent average at 875 not counting the section 8 tenant I have which pays me 1270 a month. My friend tells me I should charge 1100 to the new tenant that I’m trying to acquire. My complex is in an area that has some sketchy 4Plexes and apartments around it. Not all of them are sketchy, but about half.  This is my first complex and first time having a vacancy so I’m just a little nervous about what price to charge and how long it will take me to acquire a tenant that is willing to pay it. if there’s anyone in the Baton Rouge area that can kind of help me, please respond. Thank you.

Post: Journey to Multifamily millionaire

Hunter Duplantis
Pro Member
Posted
  • Posts 5
  • Votes 5

Thank you! Will do! 

Post: Journey to Multifamily millionaire

Hunter Duplantis
Pro Member
Posted
  • Posts 5
  • Votes 5

My cousin works for a mortgage company called Red Stick Financial in Baton Rouge. I went to him to get  pre approved. (Of course I wanted to be able to jump on a deal immediately if need be) and he happened to have a personal friend looking to sell. The numbers looked right. So I pulled the trigger

Post: Journey to Multifamily millionaire

Hunter Duplantis
Pro Member
Posted
  • Posts 5
  • Votes 5

My name is Hunter Duplantis. Closing on my first multifamily 4 plex this week. Pretty exciting