All Forum Posts by: Michael David

Hey @Rama K. have you checked out the property manager search tool yet? Here are the results for Charlotte. Good luck! 

Hey @Mark McConnell hopefully someone can send some recommendations here soon. In the meantime, have you checked out the construction and building search tool? Here are the results for KCK. Hope this helps! 

Hey @Luke Curran bumping this in case an Indianapolis investor or PM can chime in. If you don't find someone, feel free to check out our property manager search for Indianapolis here. Not sure if anyone has S8 experience but it could be a start. Good luck! 

Hey @Justine Ricketts!

Have you tried the BRRRR and Rental Property calculators yet? Those may help you decide what level of risk you're comfortable with. 

David Greene did a great job breaking down the BRRRR strategy here. To avoid just summarizing his article: not every property will work as a BRRRR. After you acquire a value add property and stabilize it, you need to get some of your money out of the home via refinancing it. You can purchase and refinance with a HML but you should interview several and get terms sheets from all of them.

There are dozens of rental properties strategies like short term rentals, DSCR loans, or house hacking a multifamily. You will need more money down for non owner occupied properties (10-25%) but that's where private money lending, partnerships, and the right HML can help.

If you need some help finding real estate services like agents and lenders, feel free to set up a time on my calendar and I'll see what I can do to help. 

Hello @Robert O. hopefully an Indianapolis PM sees this post soon. If you don't find one you can check out our property manager search tool. Here are the results for Indianapolis. Good luck!

Hey @Scott Sloan congratulations on your upcoming quadruplex. We have a few lenders who do cash-out refi on multifamily up to 80% but your actual LTV will vary based on the deal. I can get you in touch with a few and you can interview them. Here is my calendar booking link. Talk soon!

Thank you Scott!!

Hey @Nathan Frost, we have a few private lenders who work in TX. They have a variety of loan programs that may work for you like rehab loans, ReFis, DSCR products, or 30 year interest only loans. If you need some help choosing lenders to interview, feel free to set up a time on my calendar and I'll get you connected with someone. 

Hey @Mark Houle have you tried the Find an Agent tool? We may have some agents that work with STRs in your area. If you need help getting connected to an agent or lender, feel free to set up a time on my calendar and I'd be happy to help. 

Hey @Jordan Garcia we have a few agents in the Miami market who work with short term rentals. Good Luck! 

Hey @Therese M Mahon congratulations on your first home! Have you tried the Construction and Building search in the Build Your Team tool? Here are the results for Sioux Falls, SD. If you need more contractors check out our HomeAdvisor search tool here. Hope this helps!