All Forum Posts by: Connor Castillo

Hi all,

This is probably a ridiculous question, but I wanted to see if anyone knew of an agent or brokerage that was willing to look at a few states in the south and help me find multifamily properties that fit my buy box? Right now, I have three properties, but my goal is to scale to 9 more in the next 5 years. 

Thanks

Hey all, does anyone have experience on zoning and building for mini storage units? They seem impossible to buy these days, so wanted to see if this direction was possible?! Thanks! 

Hey all,

I know this is very much a noob question. When you are pulling out a cash, but you pay interest once you use that cash? For example. I pull out 100K from one of my rentals. If I use that 100K, do I pay interest on that money?

Thank you Katie! I am really just looking to get a lower rate. 

Thanks! 

Hi all,

I have two rental properties. One of them is in Columbia SC and the other is in Chattanooga TN. They are both long term homes with conventional loans on them. One has a 7.25% interest rate, and the other is a 7.125% rate. Does refinancing make sense right now?

Thanks

Hi all,

For anyone who has student rentals I would love your advice! I have had a lot of success purchasing 5 bedrooms houses next to larger universities and have been able to easily find tenants. However, I just purchased a 5/2.5 perfectly situated next to a larger university in Chattanooga and it has been very hard to find tenants. I am wondering if this is just the wrong time of the year. Really if I could sign a group up for 2025 I would be very happy with that and would just try my best to do month to month until the new school year. 

My question is should I just suck it up until April, or should I drop my rent rates now to get renters. I know if I do not rent to students, we will not get even close to the type of rent we are looking for, but paying the mortgage with no rent is hard on my family and I. 

Thank you!  

Hi All,

We are struggling to find a property manager who services mid term rentals in the Chattanooga market. 

Thanks!

Hi all,

With this interest rate, when should I might try to refinance to lock in a lower rate. The home is in Columbia, SC. With the .5 point cut, I think the rates already dropped in anticipation of this happening, but not sure if anyone has further insight into this?

Thanks!

Hi all,

Pretty much what the title says. I do not have a huge portfolio, so I am looking for someone affordable, but I do not help with this.

Thank you,

Connor