Chase Cline
Should You Form a LLC for Each Individual Rental Property?
20 May 2024 | 88 replies
So you can decide whether due-on-sale is a big enough risk to make it worth getting a more expensive commercial loan like you have been, or keeping the property title in your personal name.In my experience the insurance premiums are not affected by whether you own in your personal name versus LLC.
John C.
New to Investing and Trying to get Started in Multifamily & Other Like Investments
19 May 2024 | 7 replies
That helps to contribute to a great NOI on a cash flowing SFR, or MF 2-4 unit.You actually can still get a property that offers acreage versus a typical small to medium size lot.
Bukka Levy
Using business credit cards to fund buy and hold. Help?
21 May 2024 | 53 replies
In the commercial & private money world its all fair game and case by case.Use of credit cards to purchase properties to acquire/capture equity, create, cashflow, provide additional tax shield/benefits against your income, and improve your real estate investing venture is definitely one way to go about it but it should not be the sole method since there are risks like many have mentioned above.If you're using business cards (linked to your FEIN - federal employer identification number) and it doesnt report to your personal credit then it might be more prudent credit wise because your Fico scores won't tank when you max a business card out versus a personal credit card (drop of 80-100 fico pts temporarily till you payoff).So with prudent timing (funds seasoning), knowledge of how to maintain your ficos so you still qualify for your cheaper conventional money, and how to use the cards to purchase can definitely expedite your REI journey.Most people I encounter would not have the know how to do it correctly as I see plummeting fico scores, in ability to qualify, and many other issues with using cards to invest on a weekly basis.Best of luck,
Kevin Gonsalves
Equity what to do with it!?
19 May 2024 | 3 replies
You also have to explore the STR versus LTR in that area to see which may offer a great NOI.If you ever have any specific questions feel free to reach out I enjoy helping and talking REI.
Mark F.
Anyone every use Constructive Loans?
21 May 2024 | 44 replies
My biggest complaint is their promises versus performance.
Rebecca Schnur
Stessa versus Others
17 May 2024 | 2 replies
Is anyone experienced with the online management company Stessa? I would like to use it to collect payments and track bank transactions but I am concerned about security. Or, if not Stessa, who do you like and trust...
Tanner Webb
Making the jump to a second property
19 May 2024 | 9 replies
What is the home worth versus what you owe on the mortgage.
Matthew Spiers
Cap-Rate Qualifying Loans
18 May 2024 | 4 replies
For me the ARV versus a DSCR type of loan doesn't matter all that much.
Scott Smith
Any advantage to purchasing multiple individual units in a single building?
18 May 2024 | 1 reply
But you are less diversified if that building or area does poorly versus geographically dispersed alternatives?
Sam Green
Self Storage
20 May 2024 | 121 replies
Build larger storage bays with 12 wide versus 10 wide; 10 tall versus 8 tall; this will bring a different customer.f.