All Forum Posts by: Adam Roberts

Thanks all -

@Brandon Turner we are going to manage ourselves. The seller had a property management company in place that I wasn't impressed with at all. Luckily, after meeting the tenants it was evident that their lack of impression on me didn't affect who they allowed to rent. That, coupled with the fact that I want to learn the business of being a landlord, are the reasons why we are going to manage. I'm sure I'll have some good questions for the group when any issues arise!

Thanks guys -

@Will Barnard you are absolutely right... That's the best part of this community. The team chemistry is very noticeable.

Hey Pedro - have a reference for you. Feel free to PM me.

Adam

Team -

I couldn't wait to post something in the success forum, so I will take full advantage!... After several months of education, a 1400 mile move across the country, and a few memorable/botched deals, we got our first investment property under our belts this week. It is a 4-plex in the Fort Worth neighborhood of Benbrook, TX. So far we have only had to fix a mailbox, but I know the learning experiences are coming our way!

Thanks to the BP forums & podcasts, and everyone we've met since we moved here. All have had an impact on our confidence level and knowledge-building. I'm ready for the next one, bring it on.

Adam

Kathy Armstrong and Dan Shoemaker and - count me in for sure. Would like to network more and get to share learnings, etc.

Hi team -

I am coming up on closing for a 4-plex in Fort Worth, TX in the first week of August, and in anticipation of the closing I wanted to get some feedback on whether it is customary/smart/typical to draw up new leases with the tenants?

My concerns are:

1 - There is currently a property management company called out on the current leases which I am NOT continuing with after closing.

2 - One of the tenants has a verbal agreement (according to estoppel) to pay rent on the 15th of each month. Although this is signed on the estoppel, I want to get this in writing should anything start getting "funny". I have no problem if he pays on the 15th so long as this is constant month-to-month.

My first reaction is, that I can handle the above concerns in the notice-of-ownership-change letter I send to the tenants... the current leases are very solid and I would have no issue using the current terms and conditions that are laid out. The property management language is really my main concern.

Thanks in advance for the input!

Adam

Jerry Puckett - will be a good time, looking forward to catching up!

Great to meet you Rebecca Jeffers ! Look forward to meeting in person Thurs.

Count me and my girlfriend, Emily, in as well. Look forward to catching up with everyone.

It was a great open patio. Hopefully it stays cool enough out.... yeah right :)