Michael Key
Finding Insurance when primary residence is a rental
I have a unique situation. And it seems difficult for insurance companies to wrap their heads around it, but I've been told it's very common in places like DC and San Fran.My W2 company is located in Florida, I'm in t...
Patrik Kusek
Live/work financing? and 1031X
We'd like to purchase a live/work property. Two questions 1) What kind of financing is typically available for this kind of property? Some say commercial some say residential. 2) Can we do a 1031 exchange so we can u...
Robert Gibbons
Path to financial freedom
Hi all, I am looking for stories and motivation on how you become financially independent through scaling your real estate business. I personally own a few rentals, some short and long term. I am still working a 9-5 a...
Cerita Willie
Geting the REO list directly from the bank
I am an agent and I want to gain direct access to a banks REO list. I don't have to sell or list them exclusively. I work with a lot of investors and I am scrambling to find a deal from them and usually they don't com...
Neerav Patel
How to accept deposit in midst of pandemic?
As Mr Brandon Turner mentioned in his book on "Managing Rental Property", we always require our tenants to pay deposit and first month's rent before or during lease signing via confirmed payment such as demand draft o...
Taiwo Okusaga
Self Storage - General Rule of Thumb/Assumptions
Hello Storage Facility Owners and Operators,
I'm reviewing the financials for some properties and seeking your collective wisdom on the operational benchmarks for running these facilities efficiently.We understand th...
Brad Sparks
How do you like your bank?
I'm currently with Regions and they're fine for a traditional bank but I find that they don't do heloc on rentals, only cash out. What bank do you use and what are the pro and cons that you've observed?
Cory Cannon
Delayed Financing - Florida
Has anyone done delayed financing in Florida? I have talked to quite a few lenders - even some that say they can do delayed financing but everyone says it’s based on the purchase price (without the rehab) - not helpfu...
Paul J.
Buildium ups prices by over 50% for little-guys - so, tell us what you're using and why?
I just got a note telling me my monthly cost for Buildium's services will climb from $25 to $40 a month. This is significant to me since, I only have 3 units to begin with and I will be paying as much as if I had the...
Ross French
Cold Calling Campaign
I'm in California and just got my agents license so my plan is to begin cold calling in order to find listings. I'm wondering if I can have my wife help me do the same (however she does not have her license).
Is thi...