Shannon Dennis
401k withdrawal to replace HML
1 February 2024 | 2 replies
Moving funds to an IRA will not help because you can’t take a loan from an IRA.I would look at other lending options to bridge the gap in time as well to avoid potential delays in your operating plans.
Connor Cushing
Jumping into the St. Petersburg Market to House Hack
1 February 2024 | 4 replies
I have my RE license in Colorado and currently Property Manage a portfolio for investors that have LTR and STR in the Bradenton and Sarasota area along with the larger CO portfolio.With the intro out of the way I'm looking for any spreadsheets or calculators for the area to start crunching numbers, as well as any local, investor focused Realtors in the area to dig into neighborhoods and ROI potential for duplexes, triplexes or quadplexes.
Mohammad Hassan
Looking to convert multi family property into condo units
1 February 2024 | 3 replies
I intend on demoing the property and potentially building out 6-8 units. 2.
Grant T.
Multi-family/ Apartment Investing
1 February 2024 | 32 replies
Northern Ky (NOT Louisville) is over shadowed by Cincy a lot so there is a lot of potential there just like Cincinnati.
Shannon Carter
Have I earned the REI title yet?
1 February 2024 | 0 replies
While I have some initial experience, I am enthusiastic about expanding my knowledge and skills in the real estate market.I am reaching out to connect with fellow investors in the area, hoping to learn from your experiences and explore potential collaboration opportunities.
Justin Goodin
60 of the 100 largest U.S. cities now negative rent growth
3 February 2024 | 86 replies
SF and Multifamily investors with a strategy for deploying capital either on their own or through a partnership realize the data is broadbrush of information.For a buy-and-hold investor this is potentially useful.
Shannon Dennis
How many deals before I can call myself a REI
1 February 2024 | 2 replies
While I have some initial experience, I am enthusiastic about expanding my knowledge and skills in the real estate market.I am reaching out to connect with fellow investors in the area, hoping to learn from your experiences and explore potential collaboration opportunities.
Zack Tremere
Buffalo RE Investors
1 February 2024 | 11 replies
I live on the Canadian side of Niagara but interested in investing in Buffalo and hoping to learn more about the market there and potentially find a JV partner.
Hyeseong Park
When receiving payments after selling houses
1 February 2024 | 4 replies
And if it is all business, then you should have an LLC credit card that is used for fuel, tires, oil changes, car washes, etc.At the end of the day, you need to talk to a CPA and potentially an attorney.
Winston Eastman
Rehab vs. Turnkey
1 February 2024 | 8 replies
@Winston Eastman let's try to objectively (and Logically) look at this.TURNKEYPros: 1) Everything should be done, so no major repairs for near future2) Can finance everything in one purchase loan3) Can also buy with tenant in placeCons:1) Usually paying market price2) Trusting that repairs were all done and done well, otherwise potential money pit3) Any tenant in place may be misrepresented to make the saleOWN REHABPros: 1) If done well, may have instant/forced equity2) You will know exactly what repairs done and how well they were done3) Can place your own tenant to your qualificationsCons:1) Rehab loans are expensive2) Can run into rehab surprises affecting budget (watch any HGTV flip show!)