Wyatt Degaine
How would you turn 250k into 2.5 mil
So something that has been resignating with me is Jay Scott’s last interview. He mentioned his house is paid off but has taken a LOC out on it in preps for a financial downturn. Now he obviously is a master in his cra...
Brian Kempler
Few questions about NPN going into BK
If anyone is familiar with the bankruptcy scenario, a few questions:1. Is it true that Chapter 13 (reorganization of debts) is more common than Chaper 7 (extinguishment of debts) nowadays?I see Ch. 13 = a payment plan...
Matt Porter
Distributing Equity When You Put No Money Down.
Let's say I want to buy a 16 unit apartment building and have absolutely no money. It cost $3million and $300k is needed to put down. I partner with 3 other people and they each put $100k down. What's a common way dis...
Benjamin Giles
info and Access inside Vacant Auction properties
I know it is frequently not the case, but I am trying to determine who I should be contacting for county foreclosure auctions to determine if property is vacant?
Also, rules regarding them allowing an inspection (in...
Christian Jimenez
Things I've learned in 4 months of marketing (short-term rentals)
So I've been the marketing manager for a short-term rental management company for four months now. I can definitely say it has been fun and I have learned a lot. Here are some early thoughts coming from a marketing ex...
Esther Thomas
1031 Exchange Questions
Hi Everyone. My mom has a 4plex and I'm trying to run some scenarios on how to help her out. It might be too much (big maintenance headache) for her to manage in which case she would sell it.If she sells the 4plex and...
Tracy Munger
LLC and getting a loan
Newbie here. Looking to get into multi family properties. I need some direction regarding LLC's and loans. Almost everything I read says in many cases an LLC is a good idea to protect your personal assets. However in ...
Jevon Reile
Commercial Rental Storefront with STR above.
Has anyone purchased a commercial retail space property with living space above and used to living space as a short term rental? From a tax perspective can the building be divided by square footage with the retail spa...
Tom Puiia
Rental Property Reserves
How much do you hold in reserves for each rental? Do you hold more or less for property type? (I.e. Condo vs Duplex)I've heard 6 months but am curious what others are using.
James Lipko
Cash to Equity Position
What is a typical cash position that you should maintain as a landlord to have for repairs, emergency expenses, buying opportunities, renovations, etc? I am looking to purchase my first rental property. I know what I...