All Forum Posts by: Nathan Adams

Hello,

My wife and I are looking to start a property management company. We have an idea of the steps involved but we are looking for suggestions in a few areas. 

We know that we will need a good legal consel to help set up the business. Any suggestions would be appreciated!

We also know that we would need a real estate license that operates within a broker. First a good school or course would be awesome! Second, would we be best off getting our own broker licinse or afiliating with a good broker?

Thanks for any feedback!

I am looking to refinance my home in Columbus Ohio but I know there is a lot of unpermitted work on the home. This leads me to 2 questions.

1. Is it worth it to get the permits done?

2. If so then what type of person or contractor do I need to reach out to to get the permits drawn up and pulled?

Any insight would be greatly appreciated!

I am a pretty new real estate Investor in Columbus Ohio. My first investment is multi-family 8 unit that pulls in $3400 per month. After expenses it cash flows $1400 per month. I bought the property for $200,000 and currently owe $160,000. I'm ready to take the next step in investing but just looking for a little advice. One option I've thought of is to do a cash out refi. This would get me around $80k to work with for downpayment and remodel as required for one and maybe 2 properties but I'm not sure that this is the best option? Both my income and my spouse's are likely considered not sufficient to the bank (even though this is not the case), and I'm worried that I will not be able to secure both the refi and a new loan. Any suggestions?