All Forum Posts by: Wes Eaves

evict.com will do it for a nominal fee and also can represent you if you ever need to file an eviction.  I would recommend getting it from an actual attorney rather than google or another investor.

@Chip Stroz This is very common in the self storage class, especially since interest has grown so much in the past year.

For the 3rd question, wouldn't saving money on living expenses be an acceptable justification?

Hey @Zaid Badabwan a good legal resource is evict.com

Best of luck, but typically speaking with the tenant to understand the "why" is the best solution in the long run.

Hello @Kishore P.  Sorry to hear that you lost your job.  I'm in the Tampa area and looking to buy a self storage facility or 5 :)  Although I'm not a seasoned self storage investor, if there is anything I can do to help, please let me know!

Hello. I'm wondering if anyone knows which banks in the Tampa Bay area that are BRRR friendly.

Thanks in advance.

@Jake E. I'm a real estate broker in Brandon.  Are you wanting to become an agent to help clients (buyers & sellers) with traditional real estate or are you looking to be an investor on your own?  If you're looking to buy/sell your own real estate, then you do not need a RE license.

As far as brokerages go, you are right...there are a TON of fees, costs, etc. structures and vary greatly from brokerage to brokerage. 

As others have mentioned, some of the large "big box" brokerages make substantial money off the backs of their agents with monthly fees and set up fees.  Its a similar model to a gym membership, they provide some resources, but you are charged whether you utilize the weights & treadmill or not.

A lot of brokers, such as myself, don't charge "junk" monthly fees to their agents.  You'll also want to ask if listings and solds go in your name or the name of the broker or team lead only.  You'll want to make sure that they go in your name, otherwise you will have nothing to show if you ever leave for a new brokerage.

Make sure to interview multiple brokerages and see what is the right fit for YOU!

@Adam Pakes - I apologize for the oversight of your post. We're looking for around a 10 CAP and ideally would want to find a facility close to us within a 10 hour drive of the Tampa area.

@Dave Foster and @Ki Lee, I appreciate the information about how to structure this as TIC.

Thanks @Michael Wagner and @Faith Hill for the feedback!  I agree 100% with the consistency!