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All Forum Posts by: Titus Hill

Titus Hill has started 5 posts and replied 19 times.

Post: Interested in finding a realtor in Orlando/Kissimmee

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

Great! Thanks for the recommendations. 

Post: Interested in finding a realtor in Orlando/Kissimmee

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

By the way, we are also looking for recommendations for a property manager that specializes in STRs. 

Post: Interested in finding a realtor in Orlando/Kissimmee

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

Hello, my wife and I are real estate investors in Jacksonville. We are interested in purchasing an Airbnb in Orlando or Kissimmee. We were wondering if there was someone who could help us with that process. 

Thank you

Post: Assisted Living Real Estate Investment

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

Hey @Vern Harris. I am interested. However I mainly invest in FL.

Post: Assisted Living Facility

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

@Jessica Rosenberg I do not normally invest in South FL, I mainly invest in North FL (Jacksonville). That said, I am interested in the landlord side of ALF Homes, so I would love to connect.

Post: Property Management Proposal Jax, FL

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

Hey  @Jeff Boyer and @Joshua Adlam, thanks for the additional info.  @Gregg Cohen, those are great questions. I will be sure to ask.

Thank you all for taking time to reply. Great info. 

Post: Property Management Proposal Jax, FL

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

@Jeff Boyer and @Joshua Adlam

Thanks for the great advice and insight. Just wanted to get some thoughts from people that have more experience than myself with property management companies. One point of clarity is that one of my units is an SFR. The other two are duplexes. Not sure if that changes the thinking much, but it sounds like I am moving towards a solid arrangement with the company.

Post: Property Management Proposal Jax, FL

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

I am about to close on my 5th unit in Jacksonville, FL and I am looking to put property management in place. I just have too much going on with work and church to deal with tenants and toilets directly. One company gave me these terms:

Fees:

10% of rents

Maintenance at cost as needed. No mark ups. There is a team of maintenance professionals that work with the company (but not exclusively) and all fees are passed to me at cost.

1st Months Rent when a unit is filled.

Other info:

Main manager has 20+ years of experience. He was recommended by and works with my Realtor. My realtor and I have done multiple deals together and I am looking to do more. She is a Rockstar.

I am pretty comfortable with this arrangement, but I have always managed my own properties, so I want to get your thoughts on the arrangement and fees associated with it.

Thanks in advance for the insight BP Fam.

Post: Member Survey | We Need Your Help!

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4
Done. Good luck.

Post: Seasoning Times in Jacksonville, FL

Titus Hill
Pro Member
Posted
  • Accountant
  • Jacksonville, FL
  • Posts 19
  • Votes 4

I am looking to try the BRRR strategy with my next real estate purchase and I am trying to find lenders that will refinance a renovated property with less than one year of seasoning (preferably 6 months or less). I have started calling around, but no luck yet. I am in Jacksonville, FL but I am open to lenders in other FL cities if they will work with me. Any recommendations are appreciated.