All Forum Posts by: Daniel Fleming

Thanks for the tag @Aaron Bihl!

Hi @Christopher Wood, this may be something I would be interested in and able to help with. Would like to hear more. Feel free to reach out / message me on here

Hey @Bharath Janakarajan, Meet @Seth Teel & @Aaron Bihl with Somos Real Estate - both very knowledgeable representing investors in the San Antonio market, I know they have had several out of state investors they represented over the years.  

See you guys tonight! 

Hey Alexis, welcome to Texas! I would recommend connecting with @Ernest Fernandez with Somos Real Estate. They're a full service, investment-focused brokerage with a lot of experience dealing with investment properties.  I've sent several of my borrower clients over to them and they have all been taken care of. 

Ont he 4th Thursday of the month we have a meetup for private lenders, good place to meet some of those. While the content is generally geared for a private lender, we get a lot of investors there as well that learn some valuable insight regarding working with private lenders. no charge for this one, typicaly have 20 folks show up. https://www.meetup.com/texasquestcapital/

Welcome @Myra Mallet! Best of luck with the duplexes, those are great cash flow machines!  We own several of those, let me know if you have any questions or want to bounce some ideas back and forth.  

Welcome @Joseph A.! I am from Houston originally (San Antonio now) and I lend there quite often still. Best of luck getting started, Would be happy to chat sometime and see if I can help you out with anything. 

Thanks for the replies. 

Brian, Thanks, I'm not looking to put a good paying tenant out, Just looking to know what my options are, and if I even have a choice in the matter. But yes, the first option would be to sell as is, performing turnkey to someone looking for a long term hold, and not interrupt the tenant's life. 

Rob - the property is in Pleasant Grove. Know anyone who wants to buy a house? 

I made a private Hard Money loan on a single-family property in Birmingham Alabama. Our borrower purchased the property, rehabbed it, and put a section 8 tenant inside. 

Our borrower defaulted and we took the property to foreclosure. The tenant is now sending me rents, and Section 8 is sending their portion as well. My question is: what happens to the tenant now? I have never received a copy of the lease, info on tenant, etc. 

I'm trying to figure out if I am OK to either 1)evict/sell retail  Or 2) renew lease / sell turnkey. 

Hey guys, 

 I'm hosting a Free Networking Event tonight in Plano, you are all welcome!

This is a great chance to meet other **LOCAL** private lenders as well as pitch deals you need funding for.

Itinerary:
6:30pm-7:00pm: Check in, general networking
7:00pm - 7:30pm: Private lending training/discussion
7:30pm-8:00pm: Rotating expert panelist presentation
8:00pm-9:00pm. Deal Sharing/Networking

Anamia's Tex Mex (3408 Preston Rd Plano, TX 75093) (we will be in the private room to the right)

We look forward to seeing you there!