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All Forum Posts by: Will Gaston

Will Gaston has started 83 posts and replied 1630 times.

Post: Steps to getting first lease signed

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214
Quote from @Allison Hodges:

I have two properties in a college town in South Carolina, that are rented by students, and have been managed by a property management company since I've owned them.  I"ve let the management company know a month ago that I will be self managing starting in August with the new school year.  I have a group of students who are ready to to move forward and sign a lease for August 2024-July 2025.  Since this is my first time to market the properties and get it rented, I'm wanting to make sure I cover all bases and would love to know the steps I need to take to move forward with them and the best way to do this remote since I'm in another state.  Is there a recommended app, a list to follow, etc.  Thank you! 


 Where in SC are these?

Post: Looking to connect with people familiar/ investing in Columbia SC

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214

Co-sign on @Andrew R. Lucas. Check his meetups out.

Post: College housing summertime

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214

@Anthony DelVecchio this thread may be helpful:

Nearing 1,000 College Students: Here's What I've Learned

FWIW - the students in my market (Columbia, SC) pay 12 months so summer vacancy is not an issue.

Post: Looking for a Local Investor-Savvy CPA/Tax Strategist

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214
Quote from @Jason Cumbers:

Hi all! I'm brand spanking new and I'm building out my professional team. I am looking for a CPA/tax strategist that is local to Columbia, SC or within close proximity to Columbia. I met with one CPA already, but I want to have a few options. Specifically looking for someone who has investments themselves and is very savvy in RE. Anybody have recommendations? Very grateful!


 Not local to Columbia but in SC (near Greenville) and they work w/ lots of RE investors - me included

Post: Property Taxes - I can't figure it out

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214

Columbia, SC investor since 2006 here.

Taxes on a 150k non-owner occupied in the City of Columbia is ~$4,300.
~3% of the purchase price annually.

Post: How Do We Feel About Student Rentals??

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214

Post: Commercial Lending NC/SC

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214
Quote from @Zachary Gray:

Could someone recommend who they use for commercial lending in the Charlotte/ Columbia area? My team and I are looking to close on a 30+ unit in the area. Please DM me so we can connect and set up and intro 

 Hey Zach, I have loans w/ 13 banks in Columbia (most of my stuff is student rentals near USC in 29205/29201) 

What's your ideal loan look like?

Post: New Student Rentals

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214

@Ian Fernandez I would do everything in my power not to include utilities with students.

This thread below may be helpful.

Nearing 1,000 College Students: Here's What I've Learned

Post: Buying the first property (out of state, unseen) - advice needed!

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214

@Svetlana Kazantseva absolutely get an inspection.

Pinpoint does a good job in my experience:

https://www.pinpointhomeinspec...

Post: Looking to connect with some investors in Columbia

Will Gaston
Posted
  • Rental Property Investor
  • Columbia, SC
  • Posts 1,692
  • Votes 2,214