All Forum Posts by: Jorge Garifuna

Hello everyone,

I have an 8-plex in South City St. Louis that I'm looking for a property manager for.

The area is less than ideal and I'd prefer a manager that already has experience in dealing with the quality of tenants in such neighborhood.

If anyone has any recommendations I'd greatly appreciate it.

Kind regards,

Jorge Garifuna

Thank you all, for your valuable input. You've given me a better sense of direction and I appreciate it.

Thanks @Patrick Desjardins

1. Is there a RE attorney that you'd recommend, even if it's just to start the conversation?

2. My understanding is that there sites out there, such as Nationwide Secured Capital that buy notes. Is the RE attorney the party that could help to create the note, so that I could sell the notes to a note buyer?

Hello all,

I'm wondering if it is possible to create a note out of a property that is paid off without selling the property.

I have 21 doors across 10 properties that are fully paid off and 100% rented.  I'd like to acquire more properties and someone at my weekly real estate meetings hinted that there might be a way to create a note against one of my properties to raise money without selling the property.

Any guidance with this regard would be greatly appreciated.

Hello everyone,

FYI: The list has been updated up to episode 223 and you may see the changes at:

http://garifunainstitute.com/math/bpbooks.php

@Brett Pirie I read RDPD around 2001 and it was a game changer for me. Through BP, I'm learning that it's been very influential in many people's lives.

@Anthony Sottile and @Tina Miranda I'm glad to hear that you find the list helpful.

my pleasure @Haseeb Awan

Glad to be of assistance @Danny Rogers

Thanks Jeff.

Here's my question again:

Is anybody aware of similar ordinances(limiting rentals), put in place by other municipalities in St. Louis, MO?

The reason for asking this specific question, is because I still have another 2 to 3 years of expansion in the St. Louis, MO area, and would like to avoid making new acquisitions in municipalities that have ordinances limiting the number of rental properties per blocks. 

Hello all,

I went to Berkeley City Hall today to apply for an occupancy inspection for one of my rental properties located in Berkeley, MO.

The lady at the finance office gave me a copy of ordinance number 4320, bill number 4456(see links below), which became effective January 2017. In so many words, it states that there is now a 30% limit on rental properties per block for districts R1, R2 and R3, if my understanding is correct.

Is anybody aware of similar ordinances(limiting rentals), put in place by other municipalities in St. Louis, MO?

Links:

https://www.google.com/url?sa=t&source=web&rct=j&u...