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7 March 2024 | 18 replies
https://www.amazon.com/Limited-Liability-Company-Estate-Inve...https://www.amazon.com/Your-Business-Entity-Estate-Investing...I know that BP has talked about using LLC/business entities on the podcast many times, try episode 283 with David Greene "15 Real Estate Investing Lessons Learned the Hard Way"
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7 March 2024 | 15 replies
No seasoning.Key Bank, FLorida flexible lender, HELOCs on second homes and rental properties. 90% LTV on primary.PenFed - max 3 other properties, 89% LTVRegions- yes HELOC but no LOCSCCU Florida 70% LTV, 6.25% interest only, not LLCSound CU "non-owner occupied HELOC, capped at $150K and interest rates are prime + 2%, 3% or 4%, based on credit, not to exceed 70% ltv.”TD BankTIAA Direct was EverBankTower FCU, all states except TX, max 45 DTI, green card ok.
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5 March 2024 | 6 replies
This has stood the test of time and has proven to be the better choice.At our 8-plex we had one tenant burn a hole in a plastic/acrylic tub surround when she placed tea light candles in the soap holder.
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9 March 2024 | 89 replies
Generally it should be based more around your skill set, abilities, risk tolerance and time but in a vacuum the BRRRR Method really checks the most boxes - since it recycles the same capital over and over (like flips) while building ongoing wealth and cash flow (like holds).David Greene does a great breakdown on this in the opening chapters of the BRRRR Book
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4 March 2024 | 9 replies
If you plan to invest out of state it'll be important to build your core 4, I'd suggest reading this article by David Greene: https://www.biggerpockets.com/blog/core-four-real-estate-tea...Happy to connect if you have any questions!
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5 March 2024 | 13 replies
The core 4 is David Greene’s long-distance investing strategy and consists of a realtor, contractor, property manager, and lender.
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4 March 2024 | 4 replies
I’m a green individual actively on a path to obtaining my first investment property.
5 March 2024 | 26 replies
Core 4 Is book by David green but you can see the podcast on YouTube it’s the four people you’ll need to properly invest out of state.I invest on the gulf side and Atlantic sideThe one issue in FL right now is insurance.
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5 March 2024 | 18 replies
thanks for all the work you have put into the podcastmy number one piece of advice for every new investor in chicago would be go check out “straight up chicago investor” podcast. the last episode is a deep dive into the struggles David Greene has had with his portfolio in the last couple years and Mark and Toms podcast is the first place i’ve heard this story.