Poor management, newish owners or those that don't care may feel like they don't want a vacancy, most restaurant operators won't leave an established location if business is good, so hold their feet to the fire. :)

I am jumping into the real estate game with both feet, and I'm really interested in the benefits that multi-family properties bring.

I've never gotten a hard money loan, but I know a couple lenders and they're reputable with established locations and histories.I wonder how long this guy was there.

The plan is to buy, hold but would be game for adjustments.Thanks again,Matt

If its single family, neither, you put them in your name unless you are worth a few hundred million and are worried about the liability.They don't give conforming mortgages to LLCs or S corp, they give them to individuals, which allows you to lock in the low rates still available for 30 years.After you have 10 mortgages, you will have to do something else going forward on financing, but for single family just buy a good umbrella policy.Multi-Family is a different game completelyandy

You can play that "catch me if you can" game along with him, which your "not like the go around knocking or doors" comment suggests.

Yeah I'd be a little apprehensive to invest in Lowell,Lawrence but as long as the #'s make sense I agree I'd go anywhere too.What you say makes a lot of sense, I feel like I have been doing a lot of reading and learning on this site and in general, plus being a broker and younger guy I have some tools to get in the game.

We live in the apartment now, but we will rent out the apartment and offset our overall mortgage eventually.That would get us in the game, but we would really like to start acquiring rental properties sooner.

Johnson,I haven't done any projects in Baltimore yet, my only trips have been for Ravens and Orioles games.

Hello, I am a new investor from Chapel Hill NC with a desire to establish connections and get to know my local real estate community.