All Forum Posts by: Jovan Caballero

Originally posted by @Account Closed:

That's great, I also live in Leesburg and new to REI. I focus on buy and hold, and currently own three rental properties in Albany so far.

 Shawn,

Congrats on your three properties in Albany. I am interesting in purchasing some property out there as well and was wondering if you had any realtor you recommend and any property managers you work with.

Originally posted by @Travis James:

Looking for a property manager with recent experience in the Albany, GA area to ask a few questions in records to average rent and the ability to coellect rent on time.

 Hello Travis, 

I know this was asked already but I am interested in investing out in Albany, GA and was wondering if you had found any good property managers out there.

@Marquis W. Hello Marquis, What area in Albany did you find this gem? What other areas in Albany would you recommend. I’m considering investing out in Albany. I heard Leesburg was the nicer area and I did a little research on it but for those prices I might as well stay around in a different market.

@Arianne L. Wow what an amazing story. Very inspiring and let’s me see there’s a light at the end of the tunnel. If you don’t mind I might contact you in the near future with some questions relating to your multi family success.

@David Bardwell Can you use a MLA on a residential property? Someone referred me to possibly go wIth a MLA to acquire a family members property. Refer to my recent post to see the details, I’m curious about MLA and if it would be beneficial for me to try and pitch this to the seller.

@Jo-Ann Lapin HML?

@Tyler Gibson So this master lease would then give me acting as landlord the power to do anything I would like to the property and all expenses would come out of my own pocket? Did the person you are referring to only pay what the owner owed on mortgage or market rent price?

My fiancé’s family came to me about her aunts house for sale in California that she is trying to sell for $480K. It’s a 3bed 2+ bath with a detached garage that was converted into a studio with a half bath. I recently purchased a triplex and don’t have money for a down payment to even try to acquire her property. I was thinking owner financing would be best and could probably get her to do so since we would be keeping the property in the family. She has 6 years left on her loan and it would be a shame to see a property with that potential to go instead of holding for rental income. She’s tired of renting it and just didn’t have good luck renting it out. I feel like the potential for turning it around is huge but how could I go about it if she does not own it free and clear? She wants to sell to use the money to buy a home for herself out of state. Any suggestions on how you think I can get her to think about the option to sell to my fiancé and I instead?