All Forum Posts by: Tomas Giro

I am having issues with one property I own in Cahokia. We had a property manager that sold his company. At first, since mid-2020, the rent was late but steady every month with rental assistance. Now, we haven't received any rent from the new property manager for the last 9 months. Supposedly the tenant hasn't paid and she filed for eviction but the judge required the property manager to apply for assistance on behalf of the tenants before proceeding with an eviction. Still no payment. I don't trust the property manager now and don't know what to do.

I had a similar situation. They applied for help and they paid. So apply for the help

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@John Busch I have a property manager my houses are in 62206.

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I have a house in 39212 and one in 39213

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they won't pay super high in that area according to my experience. 2bed is paying 650 to 750 let me know if you manage to get higher than that.

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Ok thanks :)

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Update: you can use multifamily. However I would check that the utilities are split so the tenants can pay for them separately.

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Quote from @Jay Hinrichs:

we exist but are hard to find.. its a niche we have carved out for the last 20 years.

Can you give some details on what loans you offer? I wasn't able to find this information on your website.

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I've been struggling to find private/hard money lenders with no minimum loan requirements. Many houses in my area are worth 30k so no loans are available.

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Is it risky to buy a house in a small town? Problems could be that I cannot sell it or rent it because of lack of demand.

Would it still rent if I put it on Section 8? I heard there is a lot of demand for section 8 housing.

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Shreveport, Louisiana

All Forum Posts by: Tomas Giro

Tomas Giro has started 5 posts and replied 21 times.

Post: Cahokia IL Landlords?

Post: Cahokia IL Landlords?

Post: Cahokia IL Landlords?

Post: Why Do You Invest in Mississippi & Jackson?

Post: Cahokia IL Landlords?

Post: Are there private/hard money lenders with no min loan requirements?

Post: Can a multifamily property be on section 8 with many units on section ?

Post: Are there private/hard money lenders with no min loan requirements?

Post: Are there private/hard money lenders with no min loan requirements?

Post: Section 8 in small town (2k people)