All Forum Posts by: Brent Hayden

I'm up to 10 properties; for many, I am securing private financing at higher rates to get the cash deals done. But as I look into financing options. Anybody have any financing options that are not geographically constrained? I've received resistance that I don't live in the market for where my properties exist (North Carolina). All properties are LLC owned.

Thank you in advance for any help!

Thank you in advance for any help!

learn. 

I listen to the podcasts from BiggerPockets every day on my commute to/from work.  I want to expand my knowledge and am looking for a good book.  Any suggestions - if you could read one book on real estate investing, where would you recommend I start?  

NOTE:  My goals are as follows:  6 houses by the end of 2017 (using my own capital).  10 Houses by the end of 2018 (mostly leveraging creative financing and minimizing my own capital investment as I will be mostly leveraged at this end of 2017). 

Thanks in Advance for the recommendations! 

 Good question.  3 of my properties are finances, 1 I own out-rite but plan to refinance here soon.  So that would make 4 finances with a 5th on the way.  My current bank will lend me on up-to 6 properties but once I finance that 6th they will be done.  So I think I am trying to understand what my next most logical move is?  Local banks?  This would be a first for me.  Thanks!

I own 4 and am about to close on #5.  I am aggressively in the market to buy a sixth buy and hold single-family rental property.

Where do I go from here?  How do you all suggest I expand my portfolio to continue acquiring positive cash flow properties at reasonable enough rents (to help sustain that positive flow)?

Thanks in advance!

 This unit was actually an Airbnb.  I'm not sure what it was prior to that.  But that's why it's currently furnished.

 That's not bad advice...list it as furnished for a few weeks to try to source some extra $.  If it doesn't rent, then empty the unit and re-list.  Thanks for the reply!

A few questions.  I'm very interested in this home and I am not including the valuables in the value of the property.  This is a single family 3/1 home.  Has furniture, beds, etc.  

1)  Should I value those items?

2)  I don't believe I want to rent out a fully furnished house because this would limit the pool of renters and I assume would raise vacancy.  Is this a mistake?

3)  Any suggestions on how to liquidate all these possessions once acquiring the property?

Thanks for the feedback!

I've been tracking in excel but now that I own 4 properties I am looking for an improved, easy to use, excel spreadsheet to track my costs and income for each property.

Thanks in advance!

Trying to choose the best method for collecting rent. rentpayment.com denied me since my LLC (business) is not over 12 months old which I thought was interesting. Any suggestions out there?