All Forum Posts by: Adrian Stamer
Adrian Stamer has started 14 posts and replied 300 times.
Post: Wholesaler
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
Hi id like to be added to your list
Post: How to manage a PM? My PM keeps my rentals occupied but no cash flow
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
give us the numberssssss
Post: Closed on 250 apartments in Houston, Texas yesterday! 2 Lessons Learned...
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
Originally posted by @Joe Fairless:
@Nick B.we bought for 14.1M and are putting in about 2M in renovations. The current vacancy is 4% and projected for the first couple years during renovations is 7%.
The updated sig was a decent clue on the purchase price but looks like you were helpful enough actually sharing it. Thanks for the info and congrats on closing the deal
Post: Does anyone see anything wrong with this plan about buying hotels?
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
this thread is great
Post: About to make worst decision of my life
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
Originally posted by @Kevin Beres:
UPDATE*
Thank you all for your advice. I wanted to update this thread since I ended up reaching an amicable solution for all parties. I voiced my concerns about the property not being in the condition that it was suppose to be at closing and how I was unwilling to close AS-IS. I was able to renegotiate the closing cost so that I am getting money to fix the major issues. I am glad I posted this topic as I don't think I would of been so vocal about the issues without your support. I am closing today and I feel 100X better about the property.
Thanks!
Good to hear. Sometimes a desperate situation actually turns into some pretty good negotiating
Post: Who Are the Quality Commercial Lenders in Virginia?
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
Done a couple through union and also recommend. It depends on your area though, smaller banks are the best but they only operate in smaller areas
Post: New Member from Richmond, Va
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
welcome I recommend checking out the reia here
Post: Rchmond VA ghost college town in summer good or bad investment?
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
richmond is definitely not sleepy in the summer. Vcu is 30k, but not everyone leaves. Rihmond is around 200k with greater area being over 1 million.
Also extremely hot market right now, that is much more your problem
Post: Anyone in VA??
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
richmond reia has what you need
Post: Newbie out of Richmond Va
- Real Estate Investor & Agent
- Richmond, VA
- Posts 319
- Votes 167
just keep reading bp! All the info is here