All Forum Posts by: Greta Andrews

I'm considering my next investment. I currently own a 3 unit apartment. For my next investment I want to go bigger. I've always planned on purchasing a bigger multifamily (20+). But now I've learned of acquisitions. It just sounds like the BRRRR method but for business. Why should I stick to REI? Do you guys do both? What am I missing.

I'm considering my next investment. I currently own a 3 unit apartment. For my next investment I want to go bigger. I've always planned on purchasing a bigger multifamily (20+). But now I've learned of acquisitions. It just sounds like the BRRRR method but for business. Why should I stick to REI? Do you guys do both? What am I missing.

How do we feel about home equity agreements. I'm familiar with Home Equity line of Credit and home equity Loans. I was looking up a loan. And the algorithms be algorithming and suggested home equity agreements. My instinct says it's not the best idea, because none of the gurus talk about it Ever. But I wanted to hear the opinions of successful people.

Hello all,

I always run number on different properties, so I can understand my area better. I came across something interesting. One house, smack in the middle of 2 lots. Each lot is owned by a separate LLC. Both LLC's have the had the same business address at some point. However, one is now using a P.O. Box. I thought it was weird and maybe just a mistake. I was wondering if this setup could hold any value or if it's simply an error. One LLC has no more property in my county. The other has several SFH and a warehouse.

Hey all. I read a lot of book on financing, and understanding how people's brains work. But I would like to learn more about real estate investing. I currently have a triplex. I live in one unit. Another is rented. And the last one, I'm looking for the right tenant. Anyways, what are some great introductory books to real estate investing that helped you get started. And some more advanced books. Thanks in advance.

Maybe I'm naive, because I this is my first house. But I have gotten quotes to replace 2 windows, one small bathroom window and one very large living room window and quotes are between $3000 and $4600 from companies for windows and some require I have shutters installed as well since I'm in Florida. Are the cheaper places? I haven't had a quote from Lowe's or home Depot yet.

Cash Value Life Insurance VS Self Directed IRA

I know the two aren't usually talked about in the same breathe. Each would be compared to other products in the same wheelhouse. And they would be introduced by very different professionals. However, with my limited knowledge they seem like they could serve a similar purpose for me. Save money, pay less taxes, spend it on real estate and the stock market. I have wanted a self-directed IRA since I first learned of them about a year ago. The idea of Cash Value Life insurance is brand new to me, and was introduced by a financial advisor, but looks promising.

Some background on me:

I have a W-2 job and make about $80,000/year.  

I'm a real estate agent, and hope to make about $40,000 as an agent this year and intend to continue until I outgrow my W-2 job.

I will soon start renting out a triplex after April 1st.

My goal is to buy more small multifamily until my net worth is high enough to invest in someone else and sit back and collect the check Ie. apartment syndication.

Thought and comments are appreciated.

Any suggestions for a CPA in the St Petersburg/ Tampa Bay area. Preferably one who owns small multifamily themselves.

 That's what I thought. Thank you.