We ARE a chapter of National REIA, so joining gets the paint discount, cabinet program, and rebate - as well as access to all the other national vendor perks and programs.We're in process of getting local vendors and sponsors lined up as we move forward.Starting in September, meetings will take place in the evening on the 3rd Thursday of each month, 5-9pm, food and non-alcoholic refreshments provided (buy your own booze). 

I do agree with reaching out to the 1st lien holder if doing a second just to get an idea of what those loan terms are since my loan would be junior to theirs.  

They didn’t have to break the door thankfully but they had to break my $200 touchscreen lock and then sent me a 300+ locksmith bill as well as a 900+ junk removal bill although there were no furniture left in the unit and the junk removal people only removed left over food from the fridge and the freezer!!!

Hey I have a property that I'm going to renting out. Insurance has been crazy in Tampa and im curious to know if anyone that does buy and holds has any good insurance companies they can recommend that aren't charging...

If there is a lien holder they are usually more picky on distributing the money and will often make the check payable to you and the insurance company (jointly) who will then piecemeal the money back to you as repairs are completed.  

@KarlB- That's also another way of looking at it...good food for thought.

Hello Evan, great choice, you can get started, the first thing you should do is look up how to set up an LLC, you may not be able to own it until you are 18, but I would think that your mom or dad could be the place holder until then.  2.

I fully believe that in the end the new capital will save the deal for ODC, they’ll be able to return a small single digit EM to the pref equity holders after 10 years and the original LPs will still lose a portion of our investment.

They also do not work in a timely fashion so if it’s a rental that could be a problemJust food for thoughtFor us what we make sure we do is service and maintain our equipment like hvac and appliances which often leads to longer life spans

Great guest and food for thought.