All Forum Posts by: Samuel Lee

Hi everyone,

I need some insights here.  I overheard my agent is working on applying CPR on my deal with the listing agent.  Currently the property is under contract with me and we are going thru challenges when I discovered the income instability with the latest rent roll.  

Any help is appreciated!

Thanks,

Sam
 

I am looking for a referral to a reliable MF home inspector in Greensboro area.  Any help is appreciated!

Thanks,

Sam

Does anyone know a reliable property management company in this area? I am looking to acquire a small multi-unit Student Housing property.  Unfortunately Baldwin Properties is the current PM for this property.  So I need to look for an alternative PM to get some honest opinions in the area.  It is kind of disappointing most local PM firms that I talked to doesn't want to deal with Student Housing properties.  The only one that I know of other than Baldwin is Burkely.  However Burkely is probably too big to handle my property and will mostly either "their way or highway" mentality when it comes to setting rental rate, upkeep schedule and operation processes.

Any help is greatly appreciated!

Thanks,

Sam

Thanks everyone for your suggestion.  However it seems like most Property Management firms that I talked to don't deal with Student Housing property.  I guess that it is a completely different animal from regular MF properties.  Is it because the extra challenges and maintenance?

Does anyone know a property management firm that has experience with Student Housing?  I appreciate your help.

Thanks,
Sam

Hello fellow BP members,

I am an out of state MF investor and currently have some SFH properties in NC. However I was told from friends/investors that South Carolina is a great place for MF investment. My initial research show Greenville is a good place to start with job growth and population growth. What is your thoughts? I have about $500k liquidity to spend in SC.

Thanks,

Sam

Hi Everyone,

I have been doing some research in Greensboro neighborhood and found out the crime rate is pretty bad there.  Does anyone have any insight with area surrounding the UNC Greensboro campus?  Particularly north of Spring Garden St?

Thanks,
Sam

@Joseph McManus, thanks for the reference!

Does anyone know a reliable property management company in this area?  I am looking to acquire an 8 units MF there.  

Thanks,

Sam

@Drew Sygit, Thanks for the article and it is VERY helpful.  Would you mind to share out the part 2 of this series?  I appreciate your help.  

Thanks for everyone's reply and I have read all of them.  One thing that stuck out from your feedback is depending if the property is in the market for a while.  What is "a while" in your opinion?  The MF property that I am interested in the Triad NC area is over 85 days on the market.