Rebecca Williams
LLC cash out refinance
9 February 2023 | 28 replies
When I spoke with local credit unions around Detroit (where my property is located), they wouldn't lend to me because I am out-of-state.I spoke with Bank of America, where I do the bulk of my banking, and they want to see $100k in annual revenue + 2 years in business to consider me for an unsecured business loan and $250k in revenue for a secured loan.Can anyone recommend any sort of financial institution that would allow an LLC to do a cash-out refinance?
Tyler Solomon
Short Term Rental Plan - 2023 and Beyond?
23 January 2023 | 48 replies
@Jonathan Stone we love the Oregon coast, too, but what troubles me there is that a lot of those locations don't have regulations and those that are adopting regulations are trending toward not being STR friendly.
Aram Y.
Tenant tells me they want a pet and get an ESA letter when I deny
31 December 2022 | 13 replies
They are now talking about adopting a cat (using the word 'pet' as opposed to 'animal' - ESA).
AJ Wong
Market Activity Explodes
6 February 2023 | 34 replies
Not to mention as alternative options to W.S. increase, example BlackRock via acquisition of Home Partners and the similar, YES you will see MUCH MORE activity via institutional segment.
Hannah Joy
Pay off a debt or invest further - Need advice!
8 February 2023 | 2 replies
Often times, the passive institutional funds out-perform the return on equity in our client's former rental properties.DST stands for Delaware Statuatory trust and is basically an exchangeable syndication.
Riley Harrison
Looking to get started in Newport News/ Norfolk
10 October 2022 | 27 replies
That this ordinance shall be in effect on and after the date of its adoption, June 28, 2022.
Ali Nagthall
New Real Estate Investor
8 February 2023 | 2 replies
Anton Kreil was a Goldman Sachs professional trader and then he went out on his own and opened the Institute of Trading and Portfolio Management.
Dan Jones
New tenant - 3 services calls in 1 month - time to get tough?
16 September 2016 | 13 replies
You could also institute an agreement of x number of calls for the same reasons gets a surcharge...clogged toilets and garbage disposals are caused by improper use.
Paul S.
Overwhelmed by frequent tenant repair requests
18 January 2023 | 11 replies
I would adopt the same strategy.If you're self-managing, you need to set CLEAR expectations at the time of move-in.
Raul Ortiz
What investment method should I use with $130k
17 January 2022 | 16 replies
Raul, so sorry to hear about missing out on using the 1031 Exchange.If you’re looking to take a more passive role in your real estate and want the benefits of diversification there are funds available to accredited investors that are designed to allow investors the opportunity for ownership of institutional investment grade property that is occupied by regional, national, and Fortune 500 credited companies.