All Forum Posts by: Scott Rubzin

Thank you @Brian Orr

I have an 8-plex in Gastonia, NC and i am looking to do a cash out refinance.  Any recommendations for a lender would be greatly appreciated.  

Anyone invest in or around Troy, North Carolina?

please feel free to message me

@John Paul Whaley where in North Carolina is the property?  what is your investing criteria as of right now?

@Matt Hiley can you please email me some of your loan products

[email protected]

look forward to hearing from you 

@Vinh Huynh i would recommend selling the property in Rancho Cucamonga. It would it to diversify and invest out of state. You would be able to get a few properties cash flowing.

Never a fan of carrying a property with negative cash flow

What states would you consider investing in?

@Horacio Gutierrez i highly recommend TenantCloud

They have a few different options on how your tenants can pay

@Adam Britt if the rent is 700-800 i would be sure to have cash reserves.  If anything major breaks or needs repair the rent is not going to cover it.

I always try to stay as close to that 1,000/mo rent as possible.  Also helps with the quality of tenant. 

are there any major issues with the house now?

@Ryan Keenan I would consider what type of deal you are getting into more than how many are available 

if you are acquiring it at a great price and the numbers work it's a win 

@Sean Johnson i have my rentals in and around the Charlotte area. Just be careful with the rents around $700

If anything tends to break or disfunction it really hits cash flow hard.

Best of luck with everything! Very exciting