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All Forum Posts by: Siva T.

Siva T. has started 6 posts and replied 29 times.

Post: Dallas metro - Retail space lease - Attorney

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

Thanks, Jay.

Post: Dallas metro - Retail space lease - Attorney

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

I am looking for an attorney to review lease agreement for retail space in Dallas metro. Please refer good attorneys in Dallas metro who specialize in commercial real estate leasing.

Post: Dallas metro - Retail space lease - Attorney

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

I would like to hire an attorney in Dallas metro to review a commercial lease for retail space. Can you please refer good attorneys in Dallas metro who specialize in retail lease? 

Thanks

Post: Transition of property management

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

Thanks, Tim.

Post: Transition of property management

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

Thanks, Penny.

Post: Transition of property management

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

Nicolas - Thanks. They are not using a software management system - just spreadsheets. I am considering self-manage to cut down on expenses and I agree there is a good bit of tradeoff there. Regards.

Post: Transition of property management

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

David - Thanks. Yes, I am asking about early termination outside the contract terms. 

Post: Transition of property management

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

Please let me know of your experiences in transitioning property management from a professional property manager to yourself (self-manage). I am considering this transition for my properties from small management companies. The properties are in Dallas metro. As it is a loss of income for the property manager, please let me know how you got them to agree and the problems you faced during the transition. Thanks.

Post: Refrigerator in unit

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

I provide refrigerators + stove + ovens (convection + microwave) in all my units. Some units have W/D too - however maintenance expenses for W/D eat up some cash flow once in a while. On the other hand, properties with W/D rent faster.

Post: Where did you get your money to start investment

Siva T.Posted
  • Investor
  • Frisco, TX
  • Posts 31
  • Votes 6

We saved for years for the down payment to get started. I have consistently lived below my means - it was a necessity when I was young growing up as I had to make do with little. I try as much as possible to stick to that frugal lifestyle. I have not done any creative down payment strategies yet.