All Forum Posts by: Matthew Fitzgerald

@Brandon Curson I use Northstar @David Emmons and I would highly recommend them, I’ve been a client of theirs for over a year. As an OOS investor they have been an excellent PM. IM VERY HAPPY WITH THEM .... Thanks Dave!!!!

Hey guys we have a 26 unit property that I’m considering a condo conversion. Anyone have experience I would love to pick your brains. Also when we purchased the property the previous owner already had all the units separated into their own parcels. I think that is one of the more difficult processes to complete. Not sure what else I need to do.

@Erik Hatch @Michael Ealy, thanks guys. I have considered a cash out refi. What are some prerequisites you have experienced when doing this, is there a period that the property needs to be “seasoned”, how much in reserves do banks require, when has a lender denied a cash out refi? Thanks again!!!

My question is growing my portfolio... we purchased an apartment complex about two years ago and we are now at the point where we are seeing good cash flow, we have increased the monthly rent from 11k to14.5k monthly. I’m unsure about how I could utilize this increase in value to gain access to new capitol to buy another property. Any advise on next steps would be great. Thanks

@Adam Curry sorry for the delayed response. We have decided to sell that property. After careful consIderatIon sec 8 was never our target market. THANKS!!!

@Adam Curry thanks, I received your email. I have spoke with John Jones before. I’ll be reaching out to your other contact soon.

@Adam Curry Mt airy

Also In Cincinnati

Hey BP, we have a 21 unit and I was wondering if anyone has a PM that deals strictly with Sec 8 properties?

@Marian Huish, it’s funny because I have been getting that same advice from some of my other people. I think interviewing them both is a great idea, my pm is putting together a proposal for us to look at his strategy to sell. I’ll ask my realator to do the same. @Steve A. Why do you suggest using the PM? @Stone Jin thanks for the input.