All Forum Posts by: Tamar Hermes

@Karen F. I think there are always people who still need a place to live.  It is certainly slower to find new tenants, but I see it.

First, congrats on getting your first deal! You made the smart move by reaching out to a bunch of seasoned investors who have input for you. Every transaction has its set of challenges. I go back to how good of a deal is it? In this market, if it isn't great, then hold your ground and be willing to walk. I like the feedback to ask for a discount on the purchase for the reduction in rent. The guy is showing you that he wants it his way, and there is an old saying that holds true with tenants."You don't let the inmates run the asylum".

There is always another deal, but this guy could potentially make you miserable.

@Ellie Perlman 99% is fantastic!  I wish my multi-family investments have such a large collection of rents.  I want to hear more about your deals. I am in Los Angeles as well.  We plan to relocate to Austin in July.  I will message you!  Tamar

@Heather De La Cruz Hey Heather!  You should be able to find workers. Contractors are considered necessary in every state.  Where do you need someone in Florida?  I can see if I can help.  

@Joe Moore  Congrats Joe!  Funny, mine paid earlier than usual as well.

@Avery Carl It is great to heat so many positive responses from landlords. 23 million out of work, and tenants are managing to pay!

@Ola Dantis. I agree. Single investments have been a bit more solid than multi-family for me. The multi family is holding steady but some of my sponsors have held back on quarterly statements. So many tenants with 22 million unemployment has to add up to some not being able to pay.🙏

@Max T. Congrats!! Many solid investment strategies will stay strong even though COVID-19!

@Jim K. Where are your properties and what class?

@Sylvia B. Great to hear it.