All Forum Posts by: Aaron T.

Looking to find financing on a deal.

I found a 4unit building for $775k. I would like to use a VA loan on the property with zero down. I am having a hard time locally getting anyone to fund it.

I was told most lenders will not fund that amount as a VA loan, because they cant sell it on the second market.

 Mark, I will keep you updated on my battery life. I am 3 months in and no issues so far.

 Myka, I found out for the Schlage model I have, I need a hub unless I am standing within Bluetooth range. The hub allows you to connect anywhere in the world with the lock. its all a business expense any way you look at it.

This is my property. Geno is my selling agent.

http://centralfllistings.com/listing?address=1503-E-CARACAS-ST&mlsno=T2897985&idx=1445556264&pid=01001&u=16867&idx=1445556264#

BRAND NEW CONSTRUCTION!! Includes everything on your checklist- Energy Efficient Double Pane IMPACT RATED "Low E" Windows, 15 Seer A/C Unit, tile in all the wet areas, laundry room inside the house (no more going into the hot garage to do laundry), GRANITE COUNTERS with soft close cabinets in the kitchen AND both bathrooms; finally it is located on a large 50' wide lot, not the 40' lots in the area that most are selling today! Currently there are 2 homes side-by-side ready to be moved into; great for someone that would like to have their special someone living next to them. LOCATION is key; located right next to I-275 and I-4, close by attractions, multiple hospitals, USF, UT, shopping, restaurants and much more. Call today to schedule your personal tour! Ask if you are eligible to use the Sate's Bond Program for First Time Home Buyers. This program allows you to buy qualified homes with hardly any money out of pocket!

This is my construction project.

http://centralfllistings.com/listing?address=1505-E-CARACAS-ST-Tampa-FL-33610&mlsno=T2897988&idx=1445556264&pos&page=1&ss=Search-Homes%2FMy-Listings#

BRAND NEW CONSTRUCTION!! Includes everything on your checklist- Energy Efficient Double Pane IMPACT RATED "Low E" Windows, 15 Seer A/C Unit, tile in all the wet areas, laundry room inside the house (no more going into the hot garage to do laundry), GRANITE COUNTERS with soft close cabinets in the kitchen AND both bathrooms; finally it is located on a large 50' wide lot, not the 40' lots in the area that most are selling today! Currently there are 2 homes side-by-side ready to be moved into; great for someone that would like to have their special someone living next to them. LOCATION is key; located right next to I-275 and I-4, close by attractions, multiple hospitals, USF, UT, shopping, restaurants and much more. Call today to schedule your personal tour! Ask if you are eligible to use the Sate's Bond Program for First Time Home Buyers. This program allows you to buy qualified homes with hardly any money out of pocket!

 I hold my tenants to a standard as well. My last tenant that left before his lease was up, we agreed to keep the unit in show room condition, and he will continue to pay until we get someone in there. then it was a seamless transition. Any capital I used to turn the unit over would come from the security deposit.

Also to your point, I just sold a rental. I had a cash offer that could close in a couple weeks. I gave my tenants a heads up I was interested in selling, and would need to have open houses, etc. When I got my cash offer, I backed up the closing to 5 weeks. this gave my tenants enough time to find a place and not be in a pinch.

Of course all this depends on the type of tenants you deal. I have great tenants and I operate my business on relationships, so there is great communication.

we can actually treat tenants like people instead of numbers. How about talk to her and let her know that you will let her out of her lease as soon as you can get another tenant. then work hard to get a new tenant in there, and let her go on her way. have her keep the unit rent ready, if its not, then use her security deposit for anything that may needed touching up.

we get so wrapped up in money and what the book says, we forget about the people that make all this happen for us.

Steve, your story sounds much like the rest of ours. We are all trying to use real estate in some way to pay for retirement, pay us monthly cash flow, or pay for other assets and snow ball them.

having one or more properties to pay your living expenses is a great way to start. then you can use your pay checks to save more and buy more. wash...rinse...repeat....

spray bleach water on the pipes. its not uncommon for it to grow there.

I use a shlage with an apple tv as the interface through wifi. I can set and delete user codes anywhere I have a cell or wifi connection.

I am sure there are even better systems out there.