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16 July 2024 | 14 replies
We're considering selling the property due to challenges of long-distance management.We're still interested on investing out of state and plan to gradually scale our investments over the next few years, focusing on areas close to Illinois, like Wisconsin or Indiana.Any suggestions on how to approach selling our multifamily property and buying in Wisconsin or Indiana in the current market would be greatly appreciated.
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16 July 2024 | 7 replies
Does HELOC and other home equity financing methods work in the current high interest rate environment?
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15 July 2024 | 11 replies
I am currently located in Lafayette, Indiana.
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16 July 2024 | 0 replies
The past twelve months I have been intimately involved with expanding offerings and niche programs with my current lending partner (based in NY but still with ties to South Florida.)
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16 July 2024 | 3 replies
Getting into the story behind this one..This deal was sourced from a large corporate wholesaler (no names) Originally listed as 179,999 as a "wholetail" deal with an "ARV" of 250,000 I walked the house and estimated it needed little in terms of repairs, though I knew a realistic ARV was between 215-230 However, there were tenants in the house without a lease agreement with the current landlord.
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12 July 2024 | 155 replies
We currently self manage.
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16 July 2024 | 8 replies
I also have a local bookkeeper, QBO, Bill.com & generate owner statements in OwnerRez.We currently have 23 properties under management and am utilizing trust accounting to the best of my abilities (although we are not required to in our state) but everything is really inefficient when it comes time to do monthly reconciliation and distributions.
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15 July 2024 | 9 replies
I am a 20 year old college student looking for advice on what to do in my current situation.
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15 July 2024 | 11 replies
I currently run a successful Airbnb and want to expand but am having trouble connecting with owners or real estate agents to help.