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All Forum Posts by: Stephen Glover

Stephen Glover has started 12 posts and replied 191 times.

Post: Avoiding 6 Months on a BRRRR Refinance?

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Johnny Sweet my last BRRRR was 45 days close to close. Have to season 6 months for conventional loans, however using a portfolio loan with local bank might let you refi as soon as a lease is signed. Talk to some banks, they have different options. 6 month seasoning is not necessary unless you specifically want a conventional Fannie/freddie loan, then it is.

Post: Cali Resident Buying Out of State

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Carlos Salazar Richmond is doing AWESOME.  Lots of good submarkets here, and you're right about boots on the ground, even in Richmond. Pays to have a good team.  I have 3 under contract right now closing next week, rehab/refi then scooping some more.  Happy to be a resource for you or @Ian Barnes as needed.  Always glad to connect.

Post: RVA (Richmond, VA) Advice on Areas / Chesterfield County

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Finn Cardiff sounds good. I can put you in front of other local professionals that would be a good resource too. DM me and I’ll touch base end of this week. Thanks!

Post: RVA (Richmond, VA) Advice on Areas / Chesterfield County

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Taylor L. Thanks for the mention!

@Finn Cardiff next time you're in town, let's grab coffee and we can review a map. What Taylor said is on point- could never get a true feel in RVA based on zip alone, but if you have the right people to bounce ideas off of you'll be much better for it. I'm happy to be a resource. I have 3 local SFH under contract that will all close in 2 weeks. Using BRRRR. Very familiar with Richmond and surrounding counties.

Sorry so short or for any delayed responses, vacationing in Cabo trying to relax before these homes close.

Post: Commercial Property Managers Richmond

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Jeff Poarch Thank you!  I appreciate the mention.

@Luke Poulos I'm happy to be a resource as needed.  I'm connected with some good people in Richmond and can likely add value.  Additionally, there's a multi-family investor meet up hosted by @Taylor L. late September and I happen to be speaking.  Would be a great opportunity if you can make it.

Post: Wholesale property advice for beginner

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Xavier Jones  Welcome!  Relationships, relationships, relationships.  Show up to meetups, connect on BP, etc. and get to know folks in Richmond and ADD VALUE to those relationships as much as possible.  Great city for investing and some great people to network with.  That might not be the point blank answer you want, but that's how to get started.  If you do that, you'll find the right path and other opportunities pretty easily.  Good luck!

Post: Richmond Virginia Recommendations

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Taylor L. Thanks man. Got them all except asphalt, and GCs are hit or miss but can make some recommendations. @Amy H. We are overdue to connect. Shoot me a message if interested and I’ll start making some introductions.

Post: Potential applicants not showing up for apartment showings

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Brady Boyer  Stack your showings 3-5 at a time and put a walk through video in your marketing material.  Youtube Link is good enough.  We've found that we eliminate many of the tire kickers and have more serious prospects schedule showings having watched the walk through video first.

Post: CPA Recommendation Richmond VA

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Account Closed  Great to hear!  I'm glad Bill was a good referral to you!

Post: CPA Recommendation Richmond VA

Stephen GloverPosted
  • Property Manager
  • Richmond, VA
  • Posts 204
  • Votes 297

@Robert Stamper Great to hear.  Best of luck.