Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: George Odisho

George Odisho has started 1 posts and replied 2 times.

Hi Carly!

I've used rent to retirement (@Zach Lemaster and Scott Lundgren) since July and have nothing but good things to say about them. They are extremely helpful in finding properties that are cash flowing! Their cashflow estimates are fairly accurate, but I would advise a higher % (10% combined...5% each) toward vacancy and maintenance to lower your expectations (they typically exceed these estimates, but it's always better to err on the side of caution here). As far as trustworthiness, I trust this company and stand by them 100%! I'm on my 9th closing with them and have been very happy with their offerings as well as the property management companies.

I've had one issue getting a renter for one of my properties, but that's more on the PM team than rent to retirement. The PM team is trying to get $1200 for a property that I had anticipated $1000 for and have actually had showings at the $1200 mark. The companies that they set you up with are also really trustworthy and have great reviews from other investors!

Again, I'm still fairly new to this, but for the first 4-5 months, I've had little to no issues and have achieved about the same cash flow that I anticipated varying from -10% to +20%, but again that part is on the PM company and not on rent to retirement.

Feel free to message me if you have any other questions! Always open to chat about real estate goals!

Post: LLC Rental Mortgages/Loans

George OdishoPosted
  • Posts 2
  • Votes 8

What is your experience with lenders for an LLC? Does anyone have any suggestions?

Have tried reaching out to a few local lenders in the markets with very little luck. Markets are in Missouri and Indiana.

Appreciate any help!