All Forum Posts by: Jesse Kreun

I'm looking for a good handyman in the Puyallup area.  Does anyone have a good suggestion?  I'm looking for someone that does good work, but isn't terribly expensive, either!  I had a referral for one that only charged $25 per hour, but he never returned my calls (go figure).  

So, anyone have another suggestion? 

Thanks for all the replies!

@Bryan L. - totally know it isn't an "easy" investment. We have one 11 unit building that we own and it is definitely having some challenges. No matter what kind of deal, you still need to do due diligence and and make sure your prepped for whatever comes with it.

@Chris Winterhalter - Looks like you are in the Cincinnati area? Is that where your two deals came from? Our long term goal is to own apartment complexes for long term cash flow. We wouldn't mind a little bit of work on the properties, but obviously would be looking to turn them into cash-flowing machines pretty quickly.

@Joel Owens - I'm not ready for a totally vacant project yet in my career. I'm still working full time and investing is just a hobby for now. Hopefully we can retire from our jobs in the next few years though.

Anyone have ideas on financing these deals? Would the banks that own them finance them? Some of the comments above say Cash Only, but it looks like those are the deals that are the bigger project deals?

Thanks again for the input- again, I'm just checking to see if this strategy has potential or if it is something that may work in my season of life now.

I am curious- does anyone have experience with purchasing foreclosed apartment buildings? Is there a specific site to find listings? Is that a business worth looking in to?

I am specifically interested in the smaller complexes- 10-50 units maybe?

Please give me your thoughts.

Thanks.

We purchased a small multi-family property out there about a year ago. It was really hard to find any good PM companies to work with out there. The guy we finally found was an investor himself who ended up starting his own management company since there was such a high demand for good managers. I personally really like the guy and I think he has good intentions. BUT, we're a year later and still not making the profit we'd expected. I'm on the site today to get advice on how to manage the managers and make sure your not getting ripped off!

Like I said, I like the guy, and I want to believe him, but I also need to be careful with my money!

His name: John Roth with RAW Properties.

Please let me know if you have other manager suggestions in the area or if you know something I don't know about RAW!