All Forum Posts by: Joe Graziani

What are your plans/strategize for investing in buy and hold real estate during the whole Covid mess and looking to the future? Will you be doing anything different? Will you be planning for a recession?

Hi Harjeet, thank you. Financing is not a problem as my lender has already agreed to give me more than enough.

Hello All, 

Does anyone buy vacant land to build investment properties? I am looking to hear some of your pro's and con's to building investment properties. Or if anyone is totally against it I would love to hear why? Any Advice or guidance is appreciated. 

Some quick background. I recently came into a piece of land at a very good price and am throwing around the idea of building a Triplex. 

Thank you, 

JRG 

Andrew, I am receiving call and have had a good number of showing. Some have just flat out turned the units down but I have had a few want the unit but all had very low credit or a sketchy background check. For these units the rent is $750+ electric. My normal credit cut off is 600 and if they are close I have done 2 months down. Any advice you may have to close a few of the leads would be helpful. I am new at this as this is only my second property. Thank you! 

Bradford, I use Zillow, hotpads, Facebook, and even have a sign on the main road closest to my unit. 

Hello BP, I am having trouble getting a multifamily property rented. Both vacant units have been renovated over the past year and are roughly $100 under the going rate in the area. The location is good. I have multiple rentals in the area and have never gone this long with vacant units. At what point do you lower the rent to fill vacant units?