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All Forum Posts by: Marlia Stone

Marlia Stone has started 7 posts and replied 60 times.

Post: Are you on track for your 2021 goals?!

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

@Joshua McMillion Hi Joshua, I saw the title and I came here to get inspired, and I am! I am currently at the big inning stages of investing, and my goal for 2021 is to get my first property in Q1.

Post: How long did it take you to find your first duplex?

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

@Erica Gordon Hi Erica, this was a great thread to read. I am currently in your position in the Philadelphia area as well and I would love to hear about your journey in Philadelphia for a Duplex. Let us know how it goes!

Post: BRRRR Method/Hard Money Lender

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

@Michael Kinsella

Hi Michael, thank you for reaching out with this valuable information. Some tasks I have used and some I have not. There’s about 5 lenders on here but many do not do 100% financing.

Have you worked with a HML before? If so who did you go through and how was your experience?

Post: BRRRR Method/Hard Money Lender

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

@Rich O'Neill That’s great, sure I would love to discuss!

Post: BRRRR Method/Hard Money Lender

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

@Rich O'Neill Hi Rich, thank you for your referral. It’s ironic I was just doing some research on the company yesterday when I came across their profile. Do you know anyone that I can speak to that has used their process successfully?

Post: BRRRR Method/Hard Money Lender

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

@Tucker Cummings okay nice! I haven’t got to the point of saving up that much but maybe give it a few months and I may. Thank you for sharing that. I think getting the first deal is always the hardest.

Okay glad that you said that. I have someone that has offered to answer any questions that I may have about the process but I didn’t think to ask about allowing me to walk through the process with me. Thanks!

Post: BRRRR Method/Hard Money Lender

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

@Tucker Cummings

Hi Tucker, thank you for sharing your experience with me. I’ve been taking the same approach as well reaching out and researching lenders, but yes they have all been telling me the same thing. I’ll either need more money to put down or to have experience to be 100% funded. I noticed you mentioned that you had to save up your own money, so did you find the entire deal yourself?

I haven’t tried that approach yet, but that is a great idea. So throughout these deals will I be undergoing as a mentee to someone?

Post: BRRRR Method/Hard Money Lender

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

@Irfan Raza

Hi Irfan, thank you for sharing. After being in accounting for some time, we probably have similar interest in leaving Corporate America and investing. I would love to hear more about your experience with Realestate investing.

Post: BRRRR Method/Hard Money Lender

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

I am trying to get into real estate investing. I was recently exposed to the BRRRR Method and I am currently shopping around for lenders. I have some money I would like to use to start, but not a significant amount. Do you have any suggestions for lenders, consultants, or realtors in the Philadelphia area.

If you’ve ever went through the process, can you share your experience?

Feel free to DM me as well!

Post: AirBNB Realestate Advice

Marlia StonePosted
  • Rental Property Investor
  • Posts 61
  • Votes 33

I was recently approved for a corporate lease to start doing AirBNB in the Philadelphia and Atlanta area remotely. I'm a little nervous about getting started. Can you give me any advice for rental management, funding the costs, referral services, budget, LLC etc.

What are some Do’s and Dont’s?