All Forum Posts by: Maurice Bunn

I'm interested in the following:

122 HEDGEWOOD DR; GREENBELT, MD 20770

SPLIT LEVEL, 3/2, 1,078 SF, .18 LOT, NEEDS WORK.

ASKING PRICE: $265K CASH

ARV: $390K STRONG!!!

Please Inbox me.

Thanks,

Maurice

Adam, do you have any more listing for multi-families with value add potential? It'll be difficult to house hack this one since both tenants just renewed their leases.

Thanks,

Maurice

Thanks Thomas S.

Hi, 

Experience investors, how would you go about getting tenants of a small multi-family  to complete an estoppel certificate prior to closing on a deal? 

Would you mail the form to them? 

Give it to the current own of the property (he or she might fill it out)? 

Or deliver the document yourself? 

Lastly, would you want your future tenants to have the estoppel notarized? 

Thanks, 

Maurice 

Lastly, my basic experience is just that "basic". I'm new in real estate, but to my advantage, I am an extremely fast learner. Look to hear from you soon. Maurice

John Fisher Thanks for reading and replying to this post. The reason I for choosing residential real estate is because that's all I've been studying for past 2 years. I wanted to find a niche and small multi-families is a niche that I would like to feel. Later I would like to more into small apartments 10-50 units. Our motivations are deep rooted. To keep it short and sweet we didn't come from money we worked hard for everything that we have, and we want to build a legacy that could potential feed generations. Also we want to provide quality, I've found that a lot of landlords focus more on the lording part (ruling over people" and not the people part. I'm motivated to develop a system to do the opposite. In relation to my person, I'm a hybrid. I can be a simple guy that's paint, cleans, and take calls. Or I could the suit and tie guy. I'm an auditor by profession, but my dad is a repairman, all the odds jobs he took my brothers and I took too.

Dustin Beam in your profile it says that you haven't brought a property since 6/2016. Are you actively looking to hit your goal? Why have you taken a year off from buying?

 @David Dachtera again great perspectives, thanks for the insight.

@P.J. Bremner extremely interesting business system your running. What are some of the pros and cons you face in dealing with students and parents? 

Andrew Miller that's a good perspective.

Would you consider buy and hold real estate a business or an investment? If yes, why? If no, why? Thanks, Maurice