All Forum Posts by: Pragya Singh

Hello Fellow Investors

We own a 32 unit apartment in Arkansas. We bought it for $75K and spent approximately $400K in the rehab.

We are now looking to Refinance it with a commercial lender or bank and are finding it hard to locate lenders who can can lend that amount. Most of the banks we get in touch with say they have a minimum of $1M loan for apartment complexes. Are we doing something wrong here?

Hello Fellow Investors

We own a 32 unit apartment in Arkansas. We bought it for $75K and spent approximately $400K in the rehab.

We are now looking to Refinance it with a commercial lender or bank and are finding it hard to locate lenders who can can lend that amount. Most of the banks we get in touch with say they have a minimum of $1M loan for apartment complexes. Are we doing something wrong here?

Hello Fellow Investors

We own a 32 unit apartment in Arkansas. We bought it for $75K and spent approximately $400K in the rehab. 

We are now looking to Refinance it with a commercial lender or bank and are finding it hard to locate lenders who can can lend that amount. Most of the banks we get in touch with say they have a minimum of $1M loan for apartment complexes. Are we doing something wrong here?

Hello!

Does anyone know a good legal firm that helps Landlords with contractor issues?

Hello everyone!

We got a new roof installed in 2015 and the contractor gave us 5 yr warranty. 

Its been leaking from a lot of places. The roofer said he wont fix anything for free. Not honoring his warranty.

I had 3-4 roofers come take a look at it. They all said the roof was installed terribly. So anyways, our insurance wont cover the workmanship issue and legal route is the way to go. 

Can anyone suggest a good attorney that you have used ?

Hello, 

Has anyone worked with a good legal team for LLC formation for their investment properties?

I am looking to form LLC or Series LLC but dont have a good team to work with. Any recommendations will be helpful.

Thanks!

We did have one for the rough-in but we want to change the current plumber.

Hello everyone, 

Looking for recommendations of a good licensed plumber/plumbing team near LR.

We are remodeling a 32 unit apartment complex which is near its completion except for finished plumbing. 

Hello landlords of Oregon, can you recommend your best property managers in the area?

I am looking for 7 units, Thanks! 

Hello, we are currently remodeling a 32 unit apartment in Pine Bluff, AR. Our contactors came today morning and told us someone had tried to get in. We do have simplisafe which might have failed to ring.

My idea is to have a security guard who can be present at the property while no one is working there. Any ideas ?