All Forum Posts by: Adam Uxley

So I am going to be putting in 20k to start up the plan is to use the BRrrr method. My question is say magically we find a good cash flow house, all the work is done, refinance. How do I go about getting the money back out. Like just paying back myself the 20k from the original 20k that I loaned myself. Without just like paying myself as a w-2 employee. And then getting taxed on my original 20k loan. 

Hello I am just starting out, starting company with my wife and long time friend. Me and wife are bringing money and planing to do a lot of restoration. My friend is going to be helping with restoration, property management, etc.... just wondering if the SLLC would be a good option to start our company with for buy and hold rentals. Or if there is a better option out there? 

@Remington Lyman sorry didn’t tag you I guess I’d have the same question for you above ^^

@Nicholas L. @Brandon Sturgill do you both say house hack which I don’t know how since I currently have a home. Currently worth around 210. Bought for 195 currently owe 184. So any advice to go from there.

So very interested if I should just pay off my house, rent it out, pay that off then continue process over and over. Big advocate of Dave Ramsey for the most part with the getting rid of all debt. Would this be a good strategy or stupid?

@Brandon Sturgill ok, so what would be a better cash starting point obviously a million would be nice but we do decent salary wise and can save quickly, lol don’t want to start off in a bad part of town.

@Zeke Liston absolutely very interested in finding this lender!!

@Jonathan Styer thank you so much for the information, just wondering why no llc how do I protect myself in case something goes wrong?

I plan to have my first property in the next 90 days and $20-$40,000 to put down

Hello Everybody just trying to start out in real estate investing Here in Columbus Ohio just starting from scratch have about $10k Trying to figure out whether it be good to start in single or multi family homes and what all professionals I would need behind me to start an LLC like a CPA lawyer realtor I'm not really even sure what else? Lol help