Kimberlee Nadine Hill
New Member Intro: Nadine Here Excited and Scared
Hello all,Definitely new to REI but not new to the idea. I've bee wanting to do this for some time but never got further than that. I don't want to put it off any longer. That said I don't want to rush in wrong footed...
Josh P.
Please help!! What if I'm the one creating the comps in a neighborhood?
I'm about to purchase a multi-family property about 3 blocks down from one I already own. The price I'm paying for it will no doubt create a decent comp amount relative to what I now owe on the first multi family wh...
Deepak Malhotra
Line of Credit on Property in LLC
Hello, I have some free and clear properties in Texas, Mississippi, and Nevada. I would like to put "friendly" liens on them as a barrier to fraudulent transfers, which are apparently on the rise. Which banks are al...
Somesh Mukherjee
From Toronto, looking to invest in Buffalo & Rochester area.
Hello all, I am from Toronto, Ontario and own a few properties locally. I am looking to diversify and start with by buying a small apartment building in the upstate NY area (a few hours drive for me).
From my resear...
Tyler McDaniel
Need Tax/CPA Help! [Investor Money]
Hey Everyone,So I have a few private money investors that want to be part of my deals. We are going to structure the deal where they loan the money and get interest until the sale or refinance.We want to hold the mon...
Brandt Tingen
What is the average water usage for a family of 5?
My Section 8 tenant's daily water usage ranges from 50 - 600 gallons per day. It is a family of 3 adults and 2 children. 1 full bath and 1 half bath. Is this normal?
Eric Barnett
W2 vs. 1099 and Issues in Acquiring Financing
Hello, My questions arises over a decision I have to leave my stable W2 job and go back to being a consultant as a 1099 contractor. I will make about 20-30k more as a contractor with the ability to use my newly acqui...
Yangbin Tong
How to find umbrella insurance?
Hello all, I'm new to rental business. We just used the buy and hold strategy to refinance our previous sfh and would like to rent it out asap. However, I'm not sure about how to get the umbrella insurance for this pr...
Christopher Johanson
Not enough money for my area?
Hello all,I'm looking into starting an investment portfolio by purchasing my first MFH within an 8 month timeline. I live in MA, which is a notoriously expensive state, relatively speaking. Most of the duplexes and tr...
Ashley Huff
Need some help with 203k loan process. Getting started!
First off, I wasn't exactly sure where to post. I felt this category was the best option since it will be people from my area who have already been through FHA 203k loan processes. Anyways...We have finally decided to...