All Forum Posts by: Adam Putschoegl

Does anyone know the attorney group that was recommended for private money lenders in the book Lend to Live?

If not, does anyone have a good recommendation for one that works nationwide?

Thank you!

Thanks Tim! I appreciate the advice. 

I am new to investing in the area and an agent was asking me what areas to set up a search for a SFH to purchase as a STR. Does anyone have any suggestions? I had said downtown east, warehouse district, linden hills, north loop and near the U of M. Any other spots or specifics in a buy box? I also said a 3/2 or bigger and am flexible on price.

Thank Louis.  I do not have enough equity yet in my primary home or other rentals to be able to do that, otherwise I definitely would!  I think a personal/business loan will be my best bet but I am trying to pursue any/all options. 

I have a property just outside Seattle that was purchased with a conventional loan. I am now looking to do a complete rehab as it is in rough shape but still has tenants (should be moving out soon). Does anyone have a recommendation for a construction/rehab loan in that area? It would like be 100-125K. 

Thanks for the input. I should clarify that he is a great tenant and is finishing up his medical training. He was willing to see if anyone new coming in to start their medical training would want to rent the place since it is a great location relative to the hospital.  I would, of course, still screen the potential tenant but maybe a finders fee would be the way to go since he really has been a great tenant. 

My current tenant, who I knew would only be in my place for one year, and will be moving the end of June, is asking if he can get a rental reduction if he finds a replacement tenant to move in in July. Has anyone done this before and how much would be a reasonable reduction?  Seems like it might be worth something to take away the hassle of finding someone new.  Thanks!