Hoping I Get much Peeps and Sharing Of Ideals On Drilling Contracts.

Houses are appreciating, and that's something because Syracuse is not known for being a market for good appreciation - I'm going to pursue an appraisal next year for my property to explore HELOC opportunities.

What states/ cities have you explored so far?

Have you explored the possibility of house hacking small multi-family properties using FHA or Home Possible loans?

Once that clears, however, the transaction will happen promptly and we will be onto the races.The property is in Florida and we would be interested in exploring Florida investments. 

Once that clears, however, the transaction will happen promptly and we will be onto the races.The property is in Florida and we would be interested in exploring Florida investments.

It also padded the runway for me to check off any number of items on my dream list if I wanted to go after those, including traveling to Australia for a few months or maybe taking several side adventures such as exploring Belize, Mexico, Europe, or traveling around the US to visit friends.

Hi @Annie Shao, if you're an accredited investor there are options you can explore, DSTs (Delaware Statutory Trusts) are one of the options.

One thing you could do, especially since you're going to have 8 months of bills to reference before you can change anything, is to update the lease to say that up to $x is covered per month in electric and they are responsible for anything over that.You may also want to explore what it would take to get those items off of their meter, though it's usually prohibitively expensive.

I genuinely believe its best to explore all your options to find the most beneficial route to take whether that entails having an LLC or not.