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All Forum Posts by: Syed Ahmed

Syed Ahmed has started 14 posts and replied 32 times.

Post: Louisville Buy and Hold

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

@Lonnie Williams

West end, Russell. Wilder park

Post: Louisville Buy and Hold

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

Hello everyone,

Looking to meet my Louisville neighbors who can help me obtain  50-70K properties for buy and hold purposes.  Been in the business now for about 3 years and staying in this range but open to possibilities on multi-family at high price levels.

Go CARDS

Post: Hard Money Lenders and Auction

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

Hello Everyone,

Wanted to gain the experts perspective on using hard money lenders during a auction.   1. Do they lend in these situations and 2. How does that process even work, since there is not set price until the auction is finished?

Much appreicated

Post: New Tenant Wants Everything

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

@Jonathan Watt

Yes, prior landlord was happy with them. This is their first time renting a house

Post: New Tenant Wants Everything

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

Hi everyone,

So I purchased my first place and everything went smooth. Found a tenant who fit all my criteria, passed credit check and background check. We did a move in check and I went over lease in detail. The first week they move in, they are asking for things to upgrade house, screens. Ceiling painted etc. I have been very polite and explained that the house was rented as is and the move in check list was a security for both parties at move out, not a repair list.

They are a nice family. I need advise on how to deal with this without losing a potential good tenant

Thanks

Post: Louisville real estate meet up

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

I have not been to a paid meeting yet.  I went twice to the local meetup they have had and they have been informative 

Post: How to find properties not listed on MLS?

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

Hello everyone?

What are your strategies or advice on findings homes outside of the MLS? My realtor does a good job sending me lists within my criteria and showing the ones I ask to see. We have a good understanding. But, how do I find deals outside of this, I feel like I'm only seeing part of the picture.

Post: BRRRR Strategy Rental

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

@Chris Lawrence

I won't comment on your deal because I'm new myself, leave to pros. I just am finishing a deal with almost near numbers but in kentucky. Expecting similar cashflow. How long did you have to wait for cash out refinance? Good luck. I agree, finding consistent reliable contractors has been the biggest obstacle. How do you plan on managing the property?

Will be interested to see your story in future.

Thanks and good luck

Post: Louisville real estate meet up

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

@Andy Edge

I went to the krei website and they have one coming up. Hope to meet you there and discuss etown market.

Post: First purchase, for analysis

Syed AhmedPosted
  • Rental Property Investor
  • Louisville, KY
  • Posts 32
  • Votes 3

@Niels Bjørn Toppenberg

That's the goal. Most of the big ticket items are fairly new.