All Forum Posts by: Chad Carlon

@Kayla Jones I’m a huge fan of Buildium.com. Allows for e-checks and credit cards. Have used them for 10+ years w great success. Tenants love the portal and ability to set up automatic payments.

@Brian Gerlach. Good advice. Any recommendations on a broker?

@Cameron Tope. Thank you. It's taken 14 years of slow n steady. I'll definitely look into the HELOC route. Excited to grow the portfolio. Take care

@Dan M. Thank you so much. Great advice. I’ll start calling and see what I hear. Hate to see that equity sit there being unproductive. Take care.

Hi. I have a portfolio of 17 SFHs in DFW with 3 that are now paid off; those 3 have around $500k in equity. Thinking about refinancing, to try BRRRRing, but I’ve been reading that I need 6 months of reserves for each of my rentals. I don’t have a reserve like that in place. Always used my brokerage account margin line for emergencies. Is there any flexibility with that reserve requirement when refinancing? Any suggestions for how to tap my equity? Really appreciate any suggestions or ideas.

@Becky Rae. Save your money. Books, podcasts, youtube, etc. Join some meetup groups. A lot of very smart investors who will share for the price of a coffee or nice lunch.

@Jason Malabute. Consider self managing. I self manage 17 Rentals after a PM did the same thing to me. Best decision I ever made.