Everyone here wants to be active investors not passive investors.

Haven't seen much activity on BP lately up here in the NorCal region, I'm sure everybody is busy out there taking on some great deals.

I’ve noticed that there hasn’t been much recent discussion or activity specific to the Gainesville, FL market, so I wanted to start a conversation!

That being said, the only thing that being a QREP does is allow you to take losses against active income.  

The priority is consistent recommendations from active investors. 

For my account I pay $10 per quarter while the loan is active so only $40 a year to borrow this money. 

If you’ve been active in the area, I’d love to hear your take—what’s working, what’s not, and anything I should watch out for.Appreciate any tips or advice you’ve got?

You have used home equity lines of credit to purchase investment rentals and want to know the best way to pay down the HELOCs.Between the two properties you bought, after expenses, you have $250 a month positive cashflow to use.What I like to do is pay down some principal every month with my positive cashflow.I use my extra active income from real estate commissions helping other investors to pay down the principal even more which just frees up that credit for me to use again.I know I can refinance the HELOC debt before it changes to principal and interest as it is just interest only payments as yours are.One difference is the cashflow, I have greater positive cashflow and could make the principal and interest payment in the future with the extra cashflow I already enjoy.I always get HELOCs on my income properties as well after purchasing them to pull out as much of my downpayment as possible.

SO much of the program has to be executed, one by one by one, so I have to touch the same prospect/lead 3-4 more additional times to get it moved from list stacking, over to an active lead, and then into the dialer, and then into a drip campaign.

Is anyone actively doing midterm rentals in this general area and willing to help some new comers out?