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All Forum Posts by: Billy Daniel

Billy Daniel has started 68 posts and replied 674 times.

Post: Mini splits, filters? Mold?

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

I live in Arkansas, so I'm pretty familiar with the high humidity issues.  While I don't own any mini-splits at the moment, I know other investors who do and they all seem to like them.  I'll be installing two in a property I just got under contract.  I've never heard anyone mention mold issues.  The only problem I hear is they are not maintenance/repair friendly so repairs can be expensive.

Post: Real Estate Roundtable

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

Join us on September 5th to hear Carol Collins from Pope County Title Company discuss the upcoming state tax auction.  She'll cover what you need to do before and what you can expect after winning your property.  We had some great real estate discussions at the last meeting and hope you can join us for the next one!

Post: Retired Military Building Portfolio in Northwest Arkansas

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508
Quote from @Ryan Blackstone:

@Billy Daniel Thanks. @Donald Butcher I am always happy to talk or discuss real estate investing or the market. There will be an episode "On the Market" podcast where I discuss NWA relative to the other markets that comes out the 25th of this month. 


 That's awesome!  Can't wait to hear it!

Post: Podcast Survey! Chance to win $500 gift card!

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

Done, great questions!

Post: Retired Military Building Portfolio in Northwest Arkansas

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

I recommend you get linked up with @Ryan Blackstone to really understand the market and the area!

Post: Mobile home financing

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

Contact a mortgage broker instead of individual banks/credit unions.  They have access to more products and are more likely to be able to help!

Post: Which strategy to implement?

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

Check out "How To Invest In Real Estate" by Joshua Dorkin and Brandon Turner.  It's a good overview of some strategies and ideas to help beginners start to set their path.  From there, there are several books about each specific strategy.  I recently read "30 Day Stay" to get myself ready to move into the MTR market.  

Post: What type of multi-family loan should I apply for?

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

Great responses here!  I recommend you take your question to a couple of local commercial lenders and see what they can do for you.  We can speculate all day long, but the reality is the lenders will have many different variations of each type of loan that may make them fit your exact needs.

Post: Realtor and lawyer needed for investor in Arkansas

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

Hey @Zoltan V.!  I'm a realtor in Russellville and could definitely provide some assistance!  I have a few investment properties myself and have a strong network in this area.  I'll connect with you!

Post: River Valley Real Estate Roundtable

Billy Daniel
Posted
  • Rental Property Investor
  • Russellville, AR
  • Posts 684
  • Votes 508

Join us to discuss all things real estate as they pertain to Russellville and the surrounding areas!