All Forum Posts by: Omar Merced

Hi James, Welcome to BP. Memphis is on my hot list. If you find anything bigger that you don't want to take on let me know. Your local expertise is worth something remember that.

@Neil Henderson Sent you a colleague request. Let's do coffee.

@Carl Latting

@Andrey Y. I looked up and didn't see any meet ups during that time. If you like we can meet and I'll help as much as I can. 

Hi Carl, I also invest out of state and live here in Vegas. Lets talk sometime.

@Phillip Dwyer Yes. I wanted to attend but missed it. I'll see you at the next one. 

Love this post. Shows the importance a good property manager. This is a little tricky. Obviously the current management is not up to the task and you will need a competent manager to assist with the sale, however because of the possibility of losing the property at foreclosure and hence the account there is little benefit for a new manager to step in. If the buyer has a manager they can bring in, that would be ideal, as they will need to get access eventually. Even with non cooperating tenants there are always ways, following the law, you will be granted access. It might be with a constable but still possible. I imagine that you might be handling the short sale. The great thing is that they usually take longer than expected to get pushed through provided that your sellers are in true hardship so this will give your property manager time to get the property back up to reasonable conditions/shape. I guess I'm just crazy but sounds like fun! Are the landlord laws in Massachusetts? Pro Tenant or Pro Landlord? How long does it take to kick someone out? In  Nevada it would take about 5-10 judicial days with non payment of rent. A little longer with lease violations.

Hi Robert! Good to see you here! Robert and I have some done some offers and we'll get a deal under contract soon.

Hi William. Welcome to BP. If you haven't already if you haven't already please take a look at the local meet ups. As I've said before most try to sell you something however the people you meet is why I go. The locals in the area are a great resource for wholesaling and other information I have a Meetup that I conduct that just started it focuses on multi family properties but we always end up talking about everything else as well. I'm always interested in meeting other las Vegas investors no matter their level of experience. 

Hi Derrick. Welcome to Las Vegas! If you go to meetup.com and type in real estate investing a dozen or so will pop up. I will warn you that most are trying to sell you something but go and you will meet some smart people. Feel free to reach out if you have any questions. Take care