All Forum Posts by: KK A.

Ryan Reynolds I'm not as familiar with Buildium but AppFolio does.

Dan Dsouza yes, that's my number. Looking forward to connecting!

Yes, I also know a few agents doing work in that area. If you still need help, feel free to reach out.

Hey Dan, What aspects do you need help with? Are you still looking to learn or are you ready to buy? I am currently in the real estate industry but looking to get more involved in the investing side in the next few months (I want to buy my first buy & hold between now and next March). The Richmond REIA Meetup group has been a great tool for learning, finding deals, networking, etc. I've also recently started attending the Richmond Apartment Owners Association group. I've also spent this time forming relationships with banks and building my network among realtors so that they can keep an eye out for any upcoming deals. I'd be happy to share any knowledge I have. Feel free to reach out if you'd like!

I'm sure there is a reason you want to leave them (and judging by this interaction, I could see why). Is there any way you can find a way that they've breached the agreement you signed with them, thus giving you a right to terminate it?

@Ross Sumner I completely understand what you're feeling. I started working at a Property Management company for the same reason - I knew I wanted to become a buy and hold investor but a lot of the reviews I read on other companies weren't that great. 

I will say, from a management perspective, a lot of the questions we get asked are around experience (whether we have properties ourselves, how long we've been doing this, how many properties we have under management, etc.) and our policies/philosophies (how do we find tenants, handle late rents, handle maintenance, what is included in fees, what do we charge extra for, etc.)

My husband and I are currently looking into purchasing our first home and want to do a multifamily so that we can live in one unit and rent out the other(s). We found a Triplex that might fit the bill but now need to look into financing options.

Is FHA the only way to go if we want to do a down payment of less than 20%?

Rick, thanks for asking these questions, it has been very helpful for me as well. Does anyone know what the loan options are for multifamily with less than 20% down? Is FHA the only way to go?

My husband and I are currently looking into purchasing a Triplex to house hack. We currently live in an apt with a lease ending in May. The units in the Triplex are all also currently rented out through next summer (May, June & July). 

If we bought this house in the next two months (using conventional financing), would we be allowed to wait until next summer to move in, once our lease is up and one of the current tenants lease expires or does conventional financing require you move in within a certain time period?

I have to imagine we would have some time because people who need to renovate multi families before they move in, would have extra time (I assume?) but want to check before we pull any triggers. Any insight anyone could provide would be greatly appreciated.

Hey Melissa!

Welcome to Bigger Pockets! I'm currently a Property Manager in Richmond and have recently decided to get more involved in the investing side. Hoping to buy my first buy & hold property in the next few months. If there's anything I can help you with, feel free to reach out.

Good luck!