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All Forum Posts by: Ayne C.

Ayne C. has started 38 posts and replied 238 times.

Post: BRRRR with tenants in place

Ayne C.
Posted
  • Rental Property Investor
  • Tampa, FL
  • Posts 251
  • Votes 124

Thank you so much for the responses!!!

Post: BRRRR with tenants in place

Ayne C.
Posted
  • Rental Property Investor
  • Tampa, FL
  • Posts 251
  • Votes 124

Considering my first multi for BRRRR strategy. What if i buy it with tenants in place? How do I get them out to rehab and add value?

In the case of month to month, can I just raise the rent until they leave? Proceed with the rehab with them in place and then increase the rents? Etc?

Post: BRRRR with tenants in place?

Ayne C.
Posted
  • Rental Property Investor
  • Tampa, FL
  • Posts 251
  • Votes 124

In the case of month to month, can I just raise the rent until they leave?  Proceed with the rehab with them in place and then reading the rents?  Etc?

Hmm.. maybe I should ask in the Florida forum?

Post: BRRRR with tenants in place?

Ayne C.
Posted
  • Rental Property Investor
  • Tampa, FL
  • Posts 251
  • Votes 124

If I get a multi with tenants in place, do i need to evict the tenants at some point in the BRRR process?

Thanks

Post: Single family to multifamily rehab

Ayne C.
Posted
  • Rental Property Investor
  • Tampa, FL
  • Posts 251
  • Votes 124

Will splitting a larger single family unit into a duplex add significant cost to a rehab? What factors does it depend on?  

Tell me your stories if you've ever done this...

Thanks.

Post: NEGOTIATED SALES PRICE $754,498...and $98? Really?

Ayne C.
Posted
  • Rental Property Investor
  • Tampa, FL
  • Posts 251
  • Votes 124

I would be equally concerned with a misspelling of my name (I have a middle name and two last names, non hyphenated,all foreign).

Honestly I would hope the folks in the finance side are attentive to detail otherwise I'd assume they are in the wrong business.

Post: Use a realtor or not?

Ayne C.
Posted
  • Rental Property Investor
  • Tampa, FL
  • Posts 251
  • Votes 124

Yuo, I was just wondering if coming into it with no buyer agent, I could split the sellers fee or something.

Then again, I could use all the help with the negotiation.

Post: Use a realtor or not?

Ayne C.
Posted
  • Rental Property Investor
  • Tampa, FL
  • Posts 251
  • Votes 124

Looking to buy my 3rd rental, first time as a cash deal, and I'm starting to get leads from wholesalers. Additionally I'm also looking at the MLS. If my deal comes from the MLS, who would walk me thru the transaction? The sell agent? The title company? Do I have anything to lose by using a realtor? Do I negotiate a discount with the seller agent?