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All Forum Posts by: Lorien Rollins

Lorien Rollins has started 12 posts and replied 138 times.

Post: Lending, Property in Trust

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87

Post: 3b 2ba AirBNB - Denver, NC

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87

crossposting FOR SALE by my favorite, seasoned Realtor. It has been an AirBNB property for a few years, newly renovated, ready to be occupied or continued as AirBNB.

7828 Katherine Dr. Denver, NC 28037

2023 Occupancy Rate 70%

Avg # of nights booked = 190

Notable details (RENOVATED):
New Roof (2022)

Hardwood floors in main living and hallway

New carpet in bedrooms

New luxury vinyl tile in kitchen and baths

New dual vanity in master bath

New vanity in guest bath

Newer butcher block counters (kitchen)

Home will need new windows**

HVAC has been maintained well and is in good condition (Trane)

** Replacement estimates received - price is $315k factoring window replacement required, if buyer would prefer, the purchase price would be slightly increased and the seller offer a credit at closing that buyer can use for the cost of windows.

Property Manager (self): Lorien Rollins

Post: FOR SALE - Now Leasing! Boutique 36-Unit New Construction Multi-Family Off Market

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87

HAPPY NEW YEAR, ALL!

This is a pocket listing in a highly desirable and booming area, within 25 miles of Charlotte, NC. This property is surrounded by major employers and retail. Currently leasingthis garden-style apartment community is Class A, with luxury finishes and comprised of 36 units, consisting of one- and two-bedroom floor plans. Proximate to I-485 and I-177, residents benefit from convenient access to 100,000+ jobs.

I am now accepting inquiries and scheduling calls to review the OM on a serious interest basis. Pricing assumption 9-10M.

Post: First Time Homebuyer Funding Fear

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87

Post: Are DSCR Loans Assumable/Transferable?

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87

Post: 1st SFH rental

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87

Michael, congrats! I own 1 LTR in NC. I utilize PayRent through We Pay portal. It is user friendly (for tenant and myself), you add transactions (fees) with notes and can download the ledger via CSV. I have used Rent Redi, and Voyager for screening in the past, all good options as well. I know others use and really like Buildium. I have a lawyer reviewed and approved lease agreement, it's about 27 pages. I have an account with Chase for all transactions regarding the house. Feel free to connect should you have any other questions!

Artfully,

Lorien

Post: Can I go FHA?

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87

Post: How to get a loan for a parcel to build?

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87

Post: Boutique 36-Unit New Construction Multi-Family Asset FOR SALE!

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87
Quote from @Jacob Sherman:

Hey Lorien ! My name is Jacob with Lendbright and we are a direct national lender specializing in bridge, fix and flip, ground up construction and DSCR welcoming first time investors going upto 100 units ! I would love to assist you and your investors in the purchase of the above said property . When is a good time for us to connect and discuss ? I can be reached at 267-516-0896 [email protected]


 Thanks, Jacob - I've emailed you! We're actually selling the property listed. Perhaps I need to revise or repost in general to be certain it's clear. Cheers!

Post: How can I get to my equity

Lorien Rollins
Posted
  • Property Manager
  • Charlotte, NC
  • Posts 138
  • Votes 87