All Forum Posts by: Lane Register

Let's plan a Saturday morning breakfast on 7/28 - does that work for everyone? We can firm up the location as we get closer, but I would say somewhere around the Apopka area. Gotta be a good breakfast spot up there. 

Who's in? I'm on mobile, so I can't link names.

@Jay Patel - it went well. I identified a few areas that I think are worth farming. I'd love to get your input on them though. The spillover effects from Orlando that are perhaps more apparent in Mount Dora / Apopka seem to diminish in Leesburg / Tavares, so I'm working to get a better handle on the economic drivers there.

I'm out of town this weekend, but I'm up for a Saturday or Sunday morning in the next few weeks. We could do a mini BP meetup for breakfast somewhere central to us all - Apopka? @Brandon Reed @Russell Holmes

Hey Kent! I remember meeting you too. Hope all is well. I just looked up the event on meetup.com. I'll definitely put the next meeting (8/11) on my calendar. Looks like the topic is rehab estimating. Hopefully I can add some value and learn a little there!

Wow - apparently I missed some activity here on BP!

@David Baier I'm primary focused on small SF (2 or 3 bedroom) right now. I'd love to find a small multifamily deal, but I'm trying to stay in the sub $100k range. Light rehab only too, as I'm trying not to break the bank. I may change my limits as my financing network grows, but for now I'm focused on a conventional mortgage for the first deal. That 20% down eats up a good chunk of my planned initial outlay.

@Brandon Reed Thanks! Glad to see some Clermont folks around here. I'd love to meet up some time - maybe before/after work one day or on a weekend. I'm not sure I'm ready to tackle Clermont as a market to farm, but it would be great to trade some perspective since we're not too far apart in our RE journey.

@Jay Patel What's your schedule? Like right now?! Tell me everything about the Leesburg market! Haha! Seriously though, I'd love to get an overview of the North Lake market. I'll be driving the Leesburg pretty heavily this weekend, just to try to make sense of the market and better/worse areas. I've spent plenty of time in Leesburg over the years, but I'll be putting on my investor glasses this weekend to get a better lay of the land.

If you guys haven't met @Russell Holmes yet, you definitely need to - this guy knows how to do some research!

If any of you want to meet up, I'd love to do it. As @Russell Holmes said, I've got some decent construction experience so I'm always willing to provide a "professional" opinion a rehab.  

@Travis Rasmussen 

It really came down to finances. When i first stuck my toe in the water of real estate investing, I realized how ill-prepared I was financially. Since then, I've paid off a tremendous amount of debt and hoarded cash. Also had to get my wife on board - she's all about it now though. 

@Russell Holmes - that would be great! I'll message you now.

Hi Bigger Pockets! I got my feet wet on the forums here a few years back, but realized I had some big hurdles to overcome (i.e. get my financial house in order) before I could "get started". Now, I'm ready to dive in. 

My focus is on BRRRR/Buy & Hold in the outskirts of the Orlando Metro Area - specifically Clermont, Winter Garden, Apopka, Tavares, Eustis, and Leesburg. I have professional experience in construction and a ton of residential renovation contacts in the area, so I believe I have a leg-up on the rehab side.

I'm looking to connect with investors, investor-friendly realtors, lenders, and wholesalers in the area. I have yet to buy my first investment property, but plan to buy within the next 6 months.

Hi BP,

I've mentioned in earlier posts that I'm considering a career change. I've always been interested in the lending side of real estate - specifically on the commercial side for local community type banks.

If anyone in a similar role can provide some insight, I would be very grateful. A few of my questions: 

1. What is your day-to-day like? How often are you, say, at your computer versus out of the office?

2. What is the most stressful aspect of your job?

3. How did you get into commercial lending? I.e. did you start in residential lending?

4. What professional certifications do you have?

5. How much work do you "take home" with you? 

6. Is your work mostly on an individual basis or within internal teams?

I'm sure I'll have more questions, but these are a start. Let me know if this post belongs elsewhere.

Thanks!

-Lane

Thank you all for the prompt replies! I'm making it a requirement to have everyone over 18 provide a background and credit check. Additionally, I'm making it a requirement for the background check on anyone staying more than one week. 

Again! Thank you all!!!

I've searched the forums but I can't really seem to find anything on this. I'm the property manager for my parents' mobile home park - it's a small park (9 lots total) and they live on the property as well.

We want to know exactly who is living on the property. The area they live in has a good share of folks with criminal backgrounds. 

Who can we require to be on the application? And who does it make sense to require on the application? For example, if we have a family with a teenage son with a felony record, we would want to know that. Should we require a background check on every occupant over a certain age?

Thoughts and advice are definitely welcome.

In Florida, by the way.