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1 October 2020 | 3 replies
I applaud all of you who have been able to get into REI as a single or couple, but would love to hear from anyone with a larger family and how you've done it.
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30 September 2020 | 2 replies
IF not, then they remaining partners have to either come up with the funds or liquidate properties. 3) Do spouses or heirs have the right to stay in the LLC IF they want to upon the death of a member?
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30 September 2020 | 2 replies
If you go to the website of many of the larger private/hard money lenders, which you can find through Scotsman Guide, you’ll often see a link to become an “Affiliate.”
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17 November 2020 | 14 replies
I don't run into this exact issue on my larger buildings as we have to contract with private garbage services in the Chicago area.
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8 October 2020 | 9 replies
Aiming to have around $50k liquid money for investing.
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30 September 2020 | 15 replies
There's definitely a learning curve and a much larger time investment in the beginning as you set up systems and get to know your property and market, but set up good systems and a good boots on the ground team and it can hum along in the background for the most part.
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6 October 2020 | 8 replies
I'm assuming that you don't have a lot of liquid assets.
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30 September 2020 | 14 replies
@Ed Goble I know you kind of addressed this, but why not a line of credit on the house for liquidity?
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1 October 2020 | 5 replies
But now it should be even faster before I can save up for the next one.The next move is liquidate the charlotte house and 1031 into either a multifamily or a portfolio of small SFRS.
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30 September 2020 | 6 replies
Honestly, if you want to BRRRR, it might be better to try to find those deals now, just look for ones with minor rehab (paint, floors, maybe new bathroom fixtures) and you'll start building up a little rehab experience without the risk of doing a larger rehab.