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All Forum Posts by: Travis Duehr

Travis Duehr has started 2 posts and replied 5 times.

Post: Lawn and snow care splitting

Travis DuehrPosted
  • Rental Property Investor
  • Ames, IA
  • Posts 5
  • Votes 2

@Leo Apostol I don't recall signing anything for this with my insurance, but good point, probably worth contacting them before I contact that investor.

As far as management of who puts what and how much in the dumpster, I do live in one of my units so I can keep a fairly good eye on what's happening. Unfortunately you bring up a good point that this could lead to managing what the other investors tenants do, I guess it would depend on what this could save me in the long run.

Thanks for the reply!

Post: Lawn and snow care splitting

Travis DuehrPosted
  • Rental Property Investor
  • Ames, IA
  • Posts 5
  • Votes 2

@Sue K that was also what I was thinking, may lead to conversations like that. Unsure of what the city requires here, thank you for bringing that up, definitely worth a phone call! Thanks for your thoughts

Post: Lawn and snow care splitting

Travis DuehrPosted
  • Rental Property Investor
  • Ames, IA
  • Posts 5
  • Votes 2

Hey all,

So I recently purchased a fourplex that shares a parking lot with another fourplex owned by a different investor. Trying to save on expenses, I am considering reaching out to this investor to offer sharing snow removal and sharing a dumpster versus both of us paying individually for our own services.

My question is, would this be a recommended thing to do? I understand that he would technically be direct competition in the area as our buildings are very similar. I am a new landlord and am unsure if this would be a 'rookie' thing.

Any input would be great!

Thanks!

Travis

Post: First time lender meeting

Travis DuehrPosted
  • Rental Property Investor
  • Ames, IA
  • Posts 5
  • Votes 2

@Chris Mason I did find it fishy that on the website for this branch they threw out 'vp of ...' like candy at a parade. This takes a bit of pressure off so thank you

@Kiley N. The trend approach seems like a good idea to get them rolling with recent knowledge that might be helpful, I'll add it to my notes!

Thanks!

Post: First time lender meeting

Travis DuehrPosted
  • Rental Property Investor
  • Ames, IA
  • Posts 5
  • Votes 2

Hi all,

I am just starting my adventure into the real estate world, and as I search for lenders for a multifamily property I stumbled across a fortunate opportunity. A coworker of mine gave me the opportunity to meet with 2 vice presidents of a commercial division in a large bank to help educate me on lending options I will have available to me as my career progresses, and assist in getting me started. I am currently a college student.. leaving me with very little capital to leap into too large of a deal immediately. I am interested in starting with smaller (1-4) multis and transitioning to larger as things mature.

My question is how could I be most productive with this meeting? I have done a fair bit of research over the past couple of years, but also what to be respectful of their time as to preserve other opportunities. Any recommendations on how a small wannabe investor can make the most of this? Would greatly appreciate any input!