All Forum Posts by: StacyA McBain

If you can keep it and still cash flow, I'd lean toward a refi, unless you want to take advantage of this long-running strong market and capitalize on the gain/current values. When looking for cash, a heloc on your primary residence could be another option. There are multiple ways to structure it. As long as keep in mind that your home is the collateral. 

Here's a brief summary of the November meeting. Our next meeting is January 15th - don't hesitate to message me for your invitation. 

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If the video link doesn't show in this post, you can search YouTube for "Avid Investor's Club" and it's the "owner carry loans" video. Or find my Facebook Page "InFlowProps"

Happy Investing, 

StacyA McBain

Swope Investment Properties

Sad that it's easier to provide examples of why NOT sometimes. When screening, I recommend asking if they do their drive bys and annual walk through inspections. And if deposits are held in trust (not required in Idaho). That's something First Rate Property Management upholds for both single-and multi-family properties. I appreciate their ethics and established procedures and know the company fairly well, as I work with its founder Tony Drost, who also is a licensed broker at Swope Investment Properties. 

A younger, growing company focusing on multi-family that has an experienced manager and broker behind it is Doug Bolen's management company, Total Asset Management. I'd be happy to share Doug's contact info with you if you'd like. I don't know the rest of his crew yet. Disclosure, I also work with Doug. Not surprising to work with a few good ones, since the small RE brokerage I'm at specializes in the residential income and apartment niche. (These referrals are without financial incentive). 

The last meeting of 2019 could be the best one yet. This meeting will reveal strategies that have the power to make better deals for Owners and Buyers. But like anything good, there are pitfalls to avoid, and risks to understand and assess.

An all-star panel of indispensable TitleOne experts will help us evaluate whether this is an inspirational option, as we take the next step in our pursuit for profits form real estate investing.
We'll welcome Cameron McFadden, Senior VP (and attorney), Andrew Ford, Trust Services Team Leader who can cover foreclosure details and Bob Rice, Western Regional Counsel and an Idaho attorney who can discuss some of the legal issues to consider.
Please RSVP. Free Beverages and snacks. Member questions or brief seller-carry experiences are welcome.

As always, happy investing! 

The last meeting of 2019 could be the best one yet. This meeting will reveal strategies that have the power to make better deals for Owners and Buyers. But like anything good, there are pitfalls to avoid, and risks to understand and assess.

An all-star panel of indispensable TitleOne experts will help us evaluate whether this is an inspirational option, as we take the next step in our pursuit for profits form real estate investing.
We'll welcome Cameron McFadden, Senior VP (and attorney), Andrew Ford, Trust Services Team Leader who can cover foreclosure details and Bob Rice, Western Regional Counsel and an Idaho attorney who can discuss some of the legal issues to consider.
Please RSVP. Free Beverages and snacks. Member questions or brief seller-carry experiences are welcome.

As always, happy investing! 

AVID Investors is an Idaho Real Estate Investor's Club. We meet up every month except August and December. In exchange for your RSVP, we provide free beverages, snacks, education and networking. All this, in an non-salesy environment filled with good, well-vetted members. 

To RSVP to this, or a future meeting of AVID, and to receive your personal invitation, contact StacyA McBain at Swope Investment Properties- [email protected] or 208-549-9987. 

Happy investing!  

Tomorrow night, AVID Investor's Club presents National Speaker Emmanuel Guarino, who will share secrets to successfully amping up cash flow in a single family rental by converting it to Senior Housing. 

This riveting topic came from member feedback! I look forward to hearing what Emmanuel of Residential Assisted Living (RAL) has to share, and if/how it fills a need in the community as well as an investment goal. 

Typically, AVID is a sales-free zone, however tomorrow night's speaker will present an opportunity to learn more, after the educational segment of his presentation. 

Meetings geared for investors of all levels, with buy-and-hold for cash flow being a large focus. They are meant to serve as helpful, educational opportunities to network and refine real estate investing skills.  We're members-only. Please contact [email protected] of Swope Investment Properties for your invitation. Thanks! 

Here's a follow up video from the meeting.

AVID Investor's Club is a Boise investing group that will meet up tonight at 6 p.m. The feature presentation "Managing your Manager" will reveal common pitfalls and best practices for being involved in your property, even if you have a property manager.  A valuable market update kicks off each meeting. 

Please RSVP for details on the club,  tonight's meeting, or future monthly meetings (we meet every month except August and December!