All Forum Posts by: Ben Foullon

It’s for helping each other with expenses. For example, if I want to help him with a down payment on a property he’s purchasing. It would be as a loan, and I wouldn’t have equity in his deal. 

The holding company isn't the sole owner of each subsidiary. However, each LLC does have 50% ownership of the holding company

I would connect with a good realtor who primarily works with investors. Bigger pockets have a list of investor agents. Most of them have tons of connections to reliable GCs, electricians, property managers, and pretty much anyone you would need! What market are you thinking of investing jn?

Yes because you’d be able to force appreciation on a remodel, and you can’t really do that with new construction 

To gain equity with MFH, I'd recommend doing modern renovations in the kitchen and bathrooms (like you said). However, do that for the purpose of being able to charge a higher rent. If you get a high-paying tenant in there, you can increase your odds of increasing the home's value.

I'd recommend if your goal is to gain cash flow faster in order to free up your time, then BRRRing a property would be the best option. It'll increase your equity in the home, and if done correctly, you'll be able to pull out your funds in 6-9 months and get a second property going. There are plenty of trustworthy contractors out there. I'd just make sure to check their references. Especially if you're going to invest farther away.

Hi Cian! Welcome!

What route of real estate investing are you thinking about pursuing?

It generally depends on the market. If I was in your shoe's I'd go with the multifamily. That way your monthly expenses will be significantly less, you'll be gaining experience as an investor/landlord, and you'll be able to purchase your next property quicker.