Frankie Woods
HELOC and LOC freezes
What has been your personal experience with Lines of Credit being frozen? I'm thinking of using combination of LOCs and HELOCs to serve as my reserve funds, but I've been warned several times that this can be risky. ...
Gabriel J.
Financial Reserve: How much to keep aside?
My goal in REI is financial freedom then retirement. I have one property now and am working on a second.But I was curious for those that are working towards financial freedom, how much should I keep in reserve per hou...
Juwan Parker
What to do with my first $25k
Hello all,I am starting out on my journey to financial freedom and REI.I am a recent college grad starting my first real job at the start of 2019 in Birmingham, AL. I have begun reading Scott Trench's Set for Life and...
Matt Friesz
Which funds to use first?
Hello Bp!
I am getting into real estate investing. I have some liquidity and I’m starting to put offers on properties. I've found one that I'm very interested in. It's more than I was thinking I could afford, but I k...
Jamison Kubala
Propane Company Issues
I recently purchased a triplex in Wisconsin that is heated by propane. The tanks are rented from a local company. Recently, we had a tenant call and inform us his unit had no heat. We asked if he checked the tank and ...
Account Closed
In Search of REI Industry Overview
I'm looking for an article or report that contains an industry overview for the REI industry. So far I've found PwC's Emerging Trends in Real Estate - US and Canada. Link: https://www.pwc.com/us/en/industries/asset-we...
Carl Rowles
Rehab Financing Strategy Help
We bought this rental in the fall and had it rented. Pipes froze in December and it flooded. We are about to put in $15-$20k of our own money into it, beyond what insurance covered and I need help deciding how we shou...
Megan Jones
Needy tenants, trying to go on maternity leave without any help and more lol
Hi everyone!I'm new here and already love this page. I hope it's okay to just vent too?? Currently we have about 135 tenants, not including parents who call/email me whenever they want due to having a bunch of need...
Scott Mac
Texas, Fla, Lou, Iowa, Calif, Wash & NY Declared Disaster Areas
President Trump has declared these states major disaster areas due to the Virus.According to FEMA, this gives these state access to federal assistance programs for emergency and permanent work, as well as needed emerg...
Sabrina Savinski
Firing a Property Manager mid-Contract
Looking for advice on how to handle a negative relationship with our property management company. We have been pretty unhappy with their services for the entire time we've been working with them, but they do the bare ...