All Forum Posts by: Nate Shields

Looking forward to seeing everyone tonight!

We're under contract on a great property that our lender (who we've done many deal with) is now balking at because they don't have an "appraisal relationship" in this particular state where we're buying (even though he told us they will lend on commercial deals in all 50 states). Is this something that you've heard of or encountered before? We've shopped some other lenders, but we'd rather keep our existing relationship. That, and the rate is better than we've found elsewhere. I'm not sure if it has to do with the fact that it's a "smaller" deal at around $500k. Would love to hear your thoughts!

@Dantrell Baker@Ramadan Adili@Tom Reynolds@John Robinson@Sam Burnoski@Jerry D Jerome@Brett Coryell@Red Peterson@Patrice Boenzi@Kristen Harding@Shelly F.@Stephen Dodd@Mark McCutcheon@Josh Sexton@Greg Kubitz@Chris Bork@Samantha Fisher@Kevin Hillner@Len Roche @Jim Hartwig@Benjamin Van Buren@Patrick Lang@Caleb Gray@Chad Holman@Joshua Zajac@Casey Wohl@Account Closed@Kyle Wright@Tom Weaver@Ramadan Adili@Scott Krueger

If I've missed anybody, please tag them!

Hey everybody, if you didn't see it yet, we're having another event Tuesday night. The link is here: https://www.biggerpockets.com/forums/521/topics/54...

Hope to see you there!

We'd be glad to have you @Edwin J Appel! There is no selling of products here. It's more of an informal gathering of like-minded investors.

Time for another investor meet up! We'll be meeting at Hobnobbers in Sycamore. Bring a friend!

Any lender recommendations for an apartment building in Alabama?

@John Sinkevicius We're taking a cautious approach right now. Taxes have been moving up, as well as interest rates, and prices are continuing to climb, although in some areas I think we're starting to see some stabilization and/or decline. The state political climate is still in turmoil and the pension shortfall is hard to ignore. 

That being said, we're still holding the  properties we do have in IL. We just don't anticipate any acquisitions in the near future.

Hi Dave, I’m still flipping houses here, but we’re not buying anymore rentals in IL. If an amazing deal came my way in a great area, I would consider it though. Right now, we’re focusing out of state for buy and hold.

Hey everybody, we're still on for tonight. I know we're expected to get some snow and some of you are driving a distance. Please be safe if conditions are not ideal! We'll get together next month too, so don't feel the need to make the trek if conditions are poor.