Tammy Ginsburg
Advice on scaling
Hello,Would love any advice on this! I got my first multifamily back in January of 2023, which i am currently house hacking. I have some problems now scaling to my next property. I got myself into some credit card d...
Clifford R Fowles
Property Management: Where's the profit?
When does it make sense to get a property manager? Working the numbers, and considering a possible annual vacancy, it seems to zap out entire profit for the year if we are paying 10%, then one month of rent for a one-...
Saman Jafari
What is a reasonable 5-years goal for a beginner?
I am trying to set a 5-years goal and define a milestone for each year. My ultimate goal is to increase the cash flow. I mean, if I start with a property, let's say a single family, costs 0.7 X and I do a minor rehab ...
Landon Hoon
5% Down 2-4 unit Financing
Yesterday we received amazing news around 2-4 unit financing for house hackers!
This change will take place on November 18th and allow for clients buying a 2-4 unit owner occupied property to only put 5% down.
Mai...
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
Hi Everyone!
I recently started with a new company that is paying for my housing, vehicle, and fuel. This has freed up my income substantially from where I was working previously. Looking for thoughts and suggestions...
Kyle Allen
Long distance vs hands on
I’m looking to buy my first rental property soon and I’m not sure if I should get a hands on self managed property in Denver metro or a more affordable market out of state. Entry costs are lower out of state but I hav...
Chad Rakestraw
Beginner getting into a 10 unit out of state.
I am a brand new investor looking to buy my first property and came across a 10 unit out of state that has a really good looking P&L. There are minimal repairs needed and the property seems to be in really good sh...
Carole G.
Cashflow per door on larger apartment buildings
I have read that you should expect $200/door on apartment buildings. Does that number change with the size of the apartment building? Do you expect less as the apartment complex gets bigger because you make more wit...
Marc Beaulieu
Ensuring your LLC holds up in Court
I recently spoke to an insurance salesman who told me that a judge can choose to not recognize your LLC if you do not have a business account in the LLC name that all your business activity flows through( for example ...
Jim Workman
Garage Rental gotcha's ?
I have a quad in South St Louis with a detached 4-bay garage. Parking is not included in tenants' contracts so it is available to rent on its own. It has 2 double doors and no inner walls so it is not secure for sto...